“Climate change will not affect our operations” – Rathlin Energy
The East Yorkshire based oil and gas firm, Rathlin Energy, has said climate change will not affect its future operations.
“Largely non-operational” Cuadrilla profits from tax relief
Tax relief has pushed the shale gas company, Cuadrilla, into profit, company accounts have revealed.
Wressle oil helps lift Union Jack revenues by 1000%+ in 2021 – accounts
The leading partner in the Wressle oil site has reported an increase in revenues of 1099% in 2021, compared with the year before.
Updated: Increased prices and production turn loss to profit for Egdon Resources
The operator of the Wressle oil field in North Lincolnshire reported a 500% increase in oil and gas revenues in its latest interim accounts today.
80 fracking wells could supply 3 million homes in a year – IGas
IGas has estimated it could produce fracked gas for three million homes within 12-18 months if the fracking moratorium was lifted.
UKOG accounts look beyond Weald oil and gas
UK Oil & Gas plc is investigating international oil and gas projects and renewable schemes at home, the company’s annual accounts said today.
Breaking: UKOG gives up on oil drilling at Arreton, Isle of Wight
UK Oil & Gas (UKOG) has announced it will not appeal against the refusal of planning permission for exploration near the village of Arreton on the Isle of Wight.
Cuadrilla spent $0.9m in six months on fracking strategies and licence admin
The shale gas company, Cuadrilla, spent $900,000 in six months last year mostly on strategies to lift the fracking moratorium and administer its UK licences, it emerged today.
Onshore shale gas company closing
One of the winning companies in the most recent auction of onshore oil and gas licences is going out of business.
Wressle well test nets Union Jack $300,000 – company report
Union Jack Oil reported today it had made about US$300,000 (£217,000) from test production at the Wressle well in North Lincolnshire.
DRILL OR DROP? 