Fracking firm Third Energy records loss of £3.4m in delayed 2016 accounts
The company behind plans to frack at Kirby Misperton in North Yorkshire released its long-awaited 2016 accounts this morning, declaring a loss of £3.405m.
Reporting on the unconventional oil and gas industry and its use of hydraulic fracturing
The company behind plans to frack at Kirby Misperton in North Yorkshire released its long-awaited 2016 accounts this morning, declaring a loss of £3.405m.
UK Oil and Gas Investments Plc announced this morning it was not seeking a time extension of an exploration licence, off the south west coast of the Isle of Wight.
One of the key figures in the company expected to frack the UK’s first gas well for nearly seven years has resigned as a director.
A newspaper article in North Yorkshire led to speculation during the weekend that gas company, Third Energy, had already carried out test fracks at its Kirby Misperton well site.
Angus Energy announced this morning that it would become the operator of Cuadrilla’s Balcombe licence in West Sussex, after acquiring a 25% stake.
Angus Energy has denied that its planning application on the Brockham oil site in Surrey was found to be invalid.
Egdon Resources announced today it was “fully committed” to its oil well at Wressle near Scunthorpe and would submit new planning applications to develop the site.
Angus Energy announced this morning it would be producing oil from four wells in the Weald in southern England in the first three months of this year.
The shale gas company, Cuadrilla, said this morning it estimated fracking would begin between April and June this year.
Cuadrilla said this morning more than 240 households living near its Preston New Road shale gas site near Blackpool have received a share of a £100,000 community benefit payment.