Triumphant week for UK fracking but plenty of ‘buts’ remain
Supporters of the fracking in the UK should be celebrating this weekend after three wins in as many days.
New oil and gas licences: What the industry said
“Talking to communities is first priority” Cuadrilla Awarded eight licences cover 18 blocks, including a large area in the Cleveland Basin. Francis Egan, its chief executive, said in a statement: “The award of these licences gives Cuadrilla a leading position in each of the three most prospective shale […]
Breaking: INEOS oil and gas licences now cover 1 million acres
INEOS is the big winner in today’s oil and gas licence announcement. The company has been granted 21 licences covering 37 blocks. The company now has exclusive rights to exploit oil and gas from 700,000 acres, to add to its existing licence area covering 300,000 acres. The INEOS […]
Breaking: New oil and gas licences confirmed
The Oil and Gas Authority has formally licences covering 159 10km square blocks announced in August. 27 licences in the first tranche of the 14th licensing round and 132 in the second tranche have been offered to 47 companies. 57 licences have no conditions over activities in the […]
IGas declares £19.3m loss but looks for more fracking sites
IGas declared a loss of £19.3m for the six months to the end of September, according to results published today. The figure compares with a loss of £3.8m for the same period a year ago.
Updated: Cuadrilla to abandon Becconsall site in Lancashire
Cuadrilla Resources is giving up on its exploratory shale gas site at Becconsall on the edge of the Ribble Estuary.
Rathlin Energy’s Canadian parent company “focussed on UK”
The parent company of Rathlin Energy, which is exploring for gas in East Yorkshire, is selling all its assets in Canada to focus on the UK. The Calgary-based Connaught Oil & Gas Ltd has oil wells and acreage in Alberta which it has valued at $4.22m. Sayer Energy […]
Egdon plans seven new wells in next year
Egdon Resources has announced plans for seven new oil and gas wells over the next year. Four of the wells are in Lincolnshire and have planning permission. Another, near Dorking in Surrey, also has approval after the company’s partner, Europa, won a planning appeal.
IGas applies to explore for shale gas in Nottinghamshire
A planning application by IGas for two exploratory shale gas wells at Misson in Bassetlaw opened for consultation today.
Rathlin Energy blames planning delay for withdrawal from licence
The chairman of Rathlin Energy, David Montagu-Smith, said yesterday his company would give up its drilling licence in County Antrim, Northern Ireland.
DRILL OR DROP? 