Reporting on the unconventional oil and gas industry and its use of hydraulic fracturing
The private equity company, Kerogen Capital, is proposing to invest US$35m in IGas, it was announced this morning. The deal depends on a restructuring of IGas’s bonds and may require approval from the Takeover Panel.
The largest holder of oil and gas acreage in south-east England is seeking to add to its assets.
Third Energy UK Gas Limited – the company behind fracking plans at Kirby Misperton in North Yorkshire – made a loss of £3.854m in 2015.
West Sussex County Council has approved changes to plans by UK Oil and Gas Investments plc for its exploratory oil well at Broadford Bridge, near Billingshurst.
Summary of recent activity and expected operations at 50+ sites across the UK, including applications, decisions, company plans and licence changes.
A group supporting shale gas operations in Lancashire has invited business leaders to take part in a survey about attitudes to protester activity in the county.
The company behind plans to produce oil at Wressle near Scunthorpe in Lincolnshire is to appeal against a refusal of planning permission.
Half an hour ago a second supplier pulled out of a contract with Cuadrilla for its fracking site at Preston New Road near Blackpool.
The Bolton company, Armstrong Aggregates has announced it will stop supplying Cuadrilla’s fracking site at Preston New Road near Blackpool. But Cuadrilla said the contract had already been fulfilled.
The company behind the Brockham oil well in Surrey has bought into the neighbouring licence where there are plans for exploratory drilling this year.
DRILL OR DROP? 