Delayed UKOG accounts reveal £35m cut in value of oil assets
Long-awaited annual accounts for UK Oil & Gas plc show a £35m drop in the value of the company’s oil and gas assets.
Rathlin gets more time to raise cash for West Newton drilling – annual accounts
The cash-strapped oil and gas company, Rathlin Energy, has won more time to secure funds to meet its drilling commitments.
Updated: UKOG funding resolutions passed
Investors in UK Oil & Gas plc have approved two resolutions aimed at raising money for the company’s hydrogen storage and production plans.
UKOG accounts delayed again
The oil company at the centre of a landmark legal ruling on climate emissions has again delayed the publication of its annual report and accounts.
Oil production restarts at Keddington
Production at the Keddington oilfield in Lincolnshire has resumed, a partner announced this morning.
UKOG interim accounts delayed
UK Oil & Gas has delayed publication of its interim accounts.
Horse Hill one year on – no site clearance date
The Horse Hill well pad in Surrey still has no final date for site clearance, a year after the Supreme Court quashed its planning permission, officials have confirmed.
Profits down at Union Jack
Gross profits at Union Jack Oil fell 40% in 2024, compared with the year before, annual acounts revealed today.
£4m+ loss at Angus Energy – annual accounts
The UK’s biggest onshore gas producer has reported an annual loss of more than £4m, down more than 100% on the profit in the year before.
Funding shortfall casts doubt over Rathlin Energy’s future
Rathlin Energy does not have enough money to meet its drilling and abandonment commitments in East Yorkshire, according to annual accounts published today.
DRILL OR DROP? 