West Newton target switches back to gas
Rathlin Energy is apparently no longer targeting oil at its two sites at West Newton in East Yorkshire.
Rathlin Energy is apparently no longer targeting oil at its two sites at West Newton in East Yorkshire.
The shale gas company, IGas, said today it could drill 80 wells by this time next year, with the “right government support”.
Stephen Bowler, who has been chief executive of IGas for the past seven years, is leaving immediately by mutual consent.
Fracking opponents have warned of a “huge backlash” if the government agrees to industry demands for new rules to make shale gas production quicker and easier.
Shares in Union Jack Oil fell more than 20% on the publication of an assessment of the Wressle oil field in North Lincolnshire this morning.
Weald-based UK Oil & Gas plc (UKOG) announced this morning it has raised £3m to spend in Turkey.
One of the investors in the Wressle oil field in North Lincolnshire is lending £1m to another.
DrillOrDrop is compiling reaction to the government’s announcement that it will lift the moratorium on fracking in England.
The prime minister has given the go-ahead to fracking in England.
Union Jack Oil has revealed plans for two new wells next year, as it reported its first profit.