UK Oil and Gas Investments is looking to invest in new oil exploration and production across southern England, its half-year accounts stated today.
IGas said today it expects to drill its Nottinghamshire shale gas wells in the second half of this year.
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The largest holder of oil and gas acreage in south-east England is seeking to add to its assets.
Third Energy UK Gas Limited – the company behind fracking plans at Kirby Misperton in North Yorkshire – made a loss of £3.854m in 2015.
The shale gas company, Cuadrilla, has announced a loss of $17.671m for the 12 months ending 31 December 2015, up from $11.568m on the previous year.
DrillOrDrop’s digest of the past month’s news about fracking, shale and onshore oil and gas developments in the UK and around the world. InfraStrata puts Swanage gas drilling plans on hold SW Energy gives up Forest of Dean and Wiltshire gas exploration licences Nottinghamshire planners recommend approval of […]
The oil and gas company, Europa, recorded a pre-tax loss of £1.9m for the year to 31 July.
The shale company IGas has raised questions about its ability to operate as a going concern.
IGas announced it would submit a planning application to drill exploratory wells in Nottinghamshire in the next quarter. The company in its annual accounts released today said if it received consent it would expect to start drilling in the first half of next year.