South Downs oil exploration licence lapses
An oil exploration licence in a remote part of the South Downs National Park has lapsed, it was confirmed this morning.
Angus Energy chairman resigns over shares transfer
Angus Energy has announced that Jonathan Tidswell-Pretorius has stepped down as its chairman following recent disclosures over share transfers.
Angus confirms chairman transferred shares to company headed by 20-year-old Hungarian
Angus Energy confirmed this morning that its chairman transferred 39 million shares to a company that appears to be less than six months old with one officer, a 20-year-old Hungarian living in Poland.
Angus announces shares investigation and oil test results
Angus Energy – the company behind oil sites in southern England – announced today it was looking into transactions of shares held by its chairman. It also claimed oil at one of its sites was higher quality than Brent Crude.
Flow tests underway at “Gatwick Gusher” oil site at Horse Hill
The leading partner behind the Horse Hill exploration site in Surrey has confirmed that operations have begun to test the flow of oil.
£10m loss for Ineos shale gas company in 2017
The UK’s biggest shale gas licence-holder declared a loss of more than £10m for 2017.
Updated: 150-day flow tests expected to start soon at Horse Hill + UKOG announces £5.5m share placing
The leading company behind exploration at the so-called “Gatwick Gusher” oil site has said all the consents are now in place to allow extended flow testing to begin “shortly”.
Oil company seeks extension of planning consents at Broadford Bridge in West Sussex
Kimmeridge Oil & Gas has given formal notice that it is seeking to extend the planning permissions at its exploration site at Broadford Bridge, near Billingshurst.
UKOG confirms fundraising
The Weald-based exploration company, UK Oil and Gas Investments Plc, announced today it was considering raising funds.
UKOG releases oil resource estimates as it considers change in company status
UKOG announced today it was considering changing its status from an investment company on the AIM junior stock exchange.
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