Third Energy “forgiven” £80m loan before sale, accounts reveal
The gas production company, Third Energy, formerly owned by Barclays, has been released from a loan of more than £80m, according to its accounts.
“UK politics currently too uncertain for fracking” – Third Energy
Third Energy, the company behind plans to frack in North Yorkshire, has announced it now has no immediate shale gas plans.
Egdon faces joint threat of fracking moratorium, delays and low gas prices
The moratorium on fracking, along with planning delays and weak commodity prices are a challenge for the future, Egdon Resources has concluded
UKOG issues 1/3 billion new shares
UK Oil & Gas, the company behind the Horse Hill oil site in Surrey, has issued a total of 348 million shares in the past week.
Europa counts on Wressle oil production in 2020
The future of Europa Oil & Gas Limited depends on production this year from the Wressle well in north Lincolnshire, the company’s accounts have revealed.
2019 – disappointing year for many onshore oil and gas investors
Shareholders in most UK onshore oil and gas companies could be forgiven for looking forward to the end of 2019.
Who drilled where in 2019?
The number of onshore oil and gas wells drilled in the UK in 2019 was up slightly on 2018, which was a 68-year low for the industry. This year, operators spudded (began drilling) four, or possibly five wells, depending on how you count your wells.
UKOG shares fall on news of Horse Hill well test
Shares in UK Oil & Gas plc fell 8% today following a statement on testing its new well at the Horse Hill site near Gatwick Airport.
Cuadrilla to examine licences in preparation for exploration, says partner
Cuadrilla’s Australian investor has suggested that the shale gas company will be looking at new exploration sites next year.
UKOG unveils Isle of Wight drilling plans
UK Oil & Gas revealed details today of two proposed oil exploration sites on the Isle of Wight.
DRILL OR DROP? 