IGas acquires geothermal firm
Redundant oil and gas wells could be used for geothermal energy, the would-be fracking company, IGas, said in an announcement this morning.
From the Weald to Turkey – UKOG’s name trail
The new company that will lead UKOG’s plans to explore for oil in Turkey inherits its name in a complex journey, thousands of miles away in southern England.
Losses widen at Union Jack Oil
Losses in Union Jack Oil more than doubled in the first half of 2020, compared with the same period last year.
Kerogen MD joins Cuadrilla boards
Senior figures from Cuadrilla’s backers in Australia and Hong Kong have been appointed to the company’s boards.
Horse Hill oil production falls – latest data
Production at the Horse Hill oil site in Surrey fell by 25% in May 2020, according to the most recent figures released by regulators today.
Funding in fracking firm Cuadrilla to be slashed – forecast
A major cut in investment in the shale gas company, Cuadrilla, is likely in the coming months, its owner has predicted.
Rathlin plans two new E Yorks well sites
Rathlin Energy has announced plans for two new exploration sites in East Yorkshire.
Conductor rig arrives at West Newton B
A convoy of equipment under police escort arrived at Rathlin Energy’s West Newton oil exploration site in East Yorkshire yesterday (17 August 2020).
First official Horse Hill oil production data
Oil production at the Horse Hill field in Surrey ranked fourth in the UK onshore, according to the latest official data. But the daily average was below that previously claimed by the operator and was less than 2% of the UK onshore total.
Perenco UK reports loss of £113m
Perenco UK, the country’s biggest onshore oil producer, saw losses of more than £113m in 2019. This compared with a profit of £250m the year before.
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