Company updates: Angus, Union Jack and Reabold
DrillOrDrop’s round-up of announcements from three companies with UK onshore oil and gas interests: investor raises stake, director resigns and refinancing continues.
Egdon seeks to keep abandoned Lincolnshire well pad
The company that gave up on oil operations in the protected landscape of the Lincolnshire Wolds is now trying to keep the abandoned well pad.
Europa focuses on four UK onshore sites in 2026
Europa Oil & Gas, the company behind rejected plans for lower-volume fracking at Burniston in North Yorkshire, is also pursuing developments at three other sites onshore in the UK, it revealed today.
Union Jack warning on UK onshore oil and gas assets
An investor in the Wressle and West Newton fields warned today that government policy has made its UK business “increasingly difficult to progress”.
Wressle expansion would emit 1m+ tonnes of climate pollution
Expansion of the Wressle oil site near Scunthorpe would result in more than one million tonnes of climate-damaging greenhouse gases, documents have revealed. But the developer, Egdon Resources, has said the proposal would not have a significant impact on climate change.
Shrinking assets and cash – UKOG delayed accounts
The company behind the suspended oil site that is subject of a landmark Supreme Court ruling has reported declining assets and revenue.
UKOG submits new Horse Hill application
UK Oil & Gas plc announced this morning it has submitted a revised planning application for its Horse Hill site , near Redhill, in Surrey.
Angus seeks consent to store flammable liquids at Saltfleetby
Angus Energy has applied for permission to store condensate, a flammable liquid produced along with gas, at its field in Lincolnshire.
Star Energy update: revenue and production fall in 2025 plus share placing
Star Energy oil revenues fell more than 20% in 2025, compared with the year before, according to annual accounts. The company also announced a share placing aimed at raising £8.4m.
Rathlin Energy founder quits
The founder and director of a company behind new plans to use UK onshore gas for bitcoin mining, has resigned.
