The gas production company, Third Energy, formerly owned by Barclays, has been released from a loan of more than £80m, according to its accounts.
Third Energy, the company behind plans to frack in North Yorkshire, has announced it now has no immediate shale gas plans.
Dunsfold drilling: Decision delayed again and opponents consider legal challenge as operator declares £6.9m loss
The decision on plans for two oil and gas wells near the Surrey village of Dunsfold have been postponed for the fourth time.
The company behind plans to frack in North Yorkshire has told community representatives it is now concentrating on its conventional gas business.
Cuadrilla saw profits drop by a third in 2018, according to annual accounts published this week.
The onshore oil and gas company, Union Jack Oil has announced a loss of £1.1m in its accounts for 2018, published today. This compares with a deficit of £0.75m in 2017.
Third Energy Holdings Limited has announced it has sold its troubled onshore gas business, which includes well sites in North Yorkshire.