Union Jack plans to pull out of licences where falling value pushes up annual loss
The exploration and production company, Union Jack Oil, is planning to withdraw from three licences in 2020 because of falls in their value.
Ineos awarded drilling permits in Texas shale
Official documents confirm that an Ineos company has been awarded permits to drill the Texas shale.
Access work begins at West Newton B
Rathlin Energy reported this morning that work had begun on constructing the access to its new oil and gas site in East Yorkshire.
Angus Energy update on Saltfleetby and Brockham
Angus Energy announced this morning it expected to submit a planning application next week for onsite gas processing at its Saltfleetby field in Lincolnshire.
Two companies suspend production at some sites in response to low oil price
Two UK onshore companies announced today they were temporarily shutting-in some sites to cut production following falling oil and gas prices
IGas fracking site at Ince Marshes in doubt
Plans by IGas to drill and frack for shale gas on Ince Marshes in Cheshire appear to have been shelved.
UKOG issues 637m new shares to fund cuts in the cost of oil production
The company behind oil production at Horse Hill in Surrey has raised £1.275m in a share placing to pay for cost cuts.
Picture post: West Newton-B site work
Investors in Rathlin Energy’s West Newton-B exploration site in East Yorkshire reported “good progress” today on the initial work.
West Newton-A: Permit changes approved
The Environment Agency has approved changes to the rules for a well test at the West Newton-A oil and gas site in East Yorkshire, partner companies reported this morning.
IGas demands answers on Ellesmere Port decision
Updated. IGas is demanding to know when the government will announce its decision on shale gas plans in Cheshire.
DRILL OR DROP? 