Reporting on the unconventional oil and gas industry and its use of hydraulic fracturing
UK Oil & Gas plc announced this morning its 50% acquisition in the Basur-Resan oil licence in south east Turkey has been officially approved. The company said it was now a named party on the licence.
Egdon Resources reported a £4.75m loss today, along with falling production and revenues.
A workover rig has been delivered to Egdon Resources’ Wressle oil site in North Lincolnshire to prepare the well for production.
The oil and gas producer, IGas, has said it is looking forward to making a “material contribution” to the green energy revolution.
The drilling rig at Rathlin Energy’s West Newton B wellsite in East Yorkshire has been taken down.
The weald-based UK Oil & Gas plc (UKOG) is promoting prospects of oil production in south east Turkey as it seeks three more exploration licences in the region.
Drilling results from Rathlin Energy’s West Newton B site in East Yorkshire indicate a “substantial hydrocarbon accumulation”, partners said this morning.
The fracking company, Cuadrilla, has left its headquarters in Lancashire after nearly five years and moved to serviced offices near Manchester Airport.
Monthly oil, water and gas production were all up at Horse Hill in Surrey, the UK’s newest onshore production site, according to the latest official data.
Union Jack Oil announced this morning it is to lend £1m to Egdon Resources, the operator of the Wressle oil site in north Lincolnshire.
DRILL OR DROP? 