UKOG share offer raises 10pc of target
An UK Oil & Gas share offer has raised just a tenth of the target funds, the company has reported.
Biscathorpe oil carbon intensity below UK onshore average– Union Jack
One of the backers of plans for long-term production in the Lincolnshire Wolds has said the carbon intensity of oil from the site would be below the UK onshore average.
IGas names second hydrogen site in Surrey
IGas has revealed it wants to produce hydrogen from methane at its Bletchingley site in Surrey.
Shares fall on news of UKOG £5m placing
UK Oil & Gas has announced it has raised £5m in a placing, prompting a sharp fall in the share price.
Rathlin reports £1m+ loss in 2020
Rathlin Energy, the operator of two oil and gas sites in East Yorkshire, has declared an annual loss in 2020 of £1,015,920. This was slightly smaller than the previous year.
Latest UK onshore oil production data: March 2021
Key figures Barrels per day (bopd): 14,194(February 2021 14,491 bopd, January 2021 14,794 bopd)
UKOG reports £1m+ loss in six months
UK Oil & Gas plc has reported an operating loss of £1.02m for the six months to the end of March 2021.
Wressle proppant squeeze delayed
The controversial proppant squeeze planned by Egdon Resources at its Wressle oil site in Lincolnshire has been delayed by up to four weeks.
Appeal over Balcombe well test not “foremost in our minds” – Angus Energy
Angus Energy is “weighing up the consequences” of appealing against refusal of a well test at its Balcombe oil site. But the decision was not “foremost” in its mind, it said.
Alba exits Brockham licence
Alba Mineral Resources has disposed of its 5% stake in the Brockham oil licence in Surrey.
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