E Midlands fracks could supply 3m homes in a year and be less prone to earthquakes- IGas
The shale gas company, IGas, said today it could drill 80 wells by this time next year, with the “right government support”.
IGas CEO leaves immediately
Stephen Bowler, who has been chief executive of IGas for the past seven years, is leaving immediately by mutual consent.
Campaigners warn of “huge backlash” if government rewrites rules on fracking
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.
Union Jack shares fall on Wressle estimates
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.
UKOG share placing raises another £3m for operations in Turkey
Weald-based UK Oil & Gas plc (UKOG) announced this morning it has raised £3m to spend in Turkey.
Union Jack lends £1m to Europa Oil & Gas
One of the investors in the Wressle oil field in North Lincolnshire is lending £1m to another.
Fracking moratorium to be lifted – reaction
DrillOrDrop is compiling reaction to the government’s announcement that it will lift the moratorium on fracking in England.
Liz Truss to lift fracking moratorium
The prime minister has given the go-ahead to fracking in England.
Union Jack reveals drilling plans and maiden profit
Union Jack Oil has revealed plans for two new wells next year, as it reported its first profit.
Graham Stuart becomes climate minister
Graham Stuart, the MP representing the area of East Yorkshire around Rathlin Energy’s West Newton oil site, is the new climate minister.
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