Third Energy “forgiven” £80m loan before sale, accounts reveal
The gas production company, Third Energy, formerly owned by Barclays, has been released from a loan of more than £80m, according to its accounts.
“UK politics currently too uncertain for fracking” – Third Energy
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.
Third Energy to “focus on conventional gas” over fracking
The company behind plans to frack in North Yorkshire has told community representatives it is now concentrating on its conventional gas business.
Cuadrilla profits fall in “relentless and exhilarating year”
Cuadrilla saw profits drop by a third in 2018, according to annual accounts published this week.
Loss of Bury Hill Wood pushes Union Jack 2018 deficit over £1m
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 sells onshore gas business
Third Energy Holdings Limited has announced it has sold its troubled onshore gas business, which includes well sites in North Yorkshire.
IGas Springs Road shale gas well reaches total depth – company accounts reveal £21m loss
IGas has confirmed its first shale gas well at Springs Road in north Nottinghamshire has reached its total depth of 3,500 metres and encountered all three targets.
Losses in Europa rise to £2.8m with loss of Bury Hill Wood
The exploration company behind failed plans to drill for oil near Leith Hill in the Surrey Hills has announced an annual loss of £2.88m. This is up from a loss of £721,000 in the previous 12 months.
Council urged to refuse extra time for Rathlin Energy drilling plans
Campaigners against drilling for oil and gas in East Yorkshire are urging councillors to refuse permission for another three years at a well site in the county.
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