The largest investor in the Wressle oil field, Union Jack Oil, is seeking to enhance its image and attract a wider group of investors by reducing the number of shares in the company.
Third Energy has announced it is to use new techniques to plug and abandon its Malton A gas site in Ryedale, North Yorkshire.
IGas has given up its headquarters in London’s Mayfair, the exploration and production company formally announced today.
The impact of an operation to improve oil flows at one of the UK’s newest production wells has been revealed in the most recent data.
The operator of the Wressle site in North Lincolnshire has announced oil flow had begun.
Another well at Rathlin Energy’s West Newton-B site is due to be drilled in the second half of 2021, according to an update to shareholders today.
Angus Energy reports it has raised £1.5m in a placing of 150 million ordinary shares.
Rathlin Energy has revealed proposals to add six new wells at its West Newton A wellsite in Holderness and seek consent for 25-years of production. In a short statement on its website, the company said it planned to drill, test and produce from up to six new wells. […]
Union Jack Oil is spending £1m to become the largest investor in the Biscathorpe oil licence in Lincolnshire.
Ineos has postponed a controversial scheme to build Europe’s biggest propylene factory in the Port of Antwerp.