Rathlin Energy’s £33.9m debt “casts doubt” over company viability – accounts
The exploration company, Rathlin Energy, owed nearly £34m, according to annual accounts published yesterday (7 November 2018).
Third Energy’s accounts reveal “financial melt down”, say campaigners
The government should refuse consent for Third Energy’s fracking plans in North Yorkshire, campaigners said this morning in response to publication of the company’s annual accounts.
Fracking company’s accounts are late again and loan rises to £16.9m
The company behind fracking plans at Kirby Misperton in North Yorkshire is again overdue with its annual accounts. It has also increased its loan from Barclays by £1.5m.
June 2018 drilling headlines
June 2018 sees the opening of the inquiry into the Ineos scheme to explore for shale gas in the Derbyshire village of Marsh Lane, plus plans for a blockade of Cuadrilla’s Lancashire fracking site.
Centrica payment puts Cuadrilla in profit
The shale gas company, Cuadrilla, has recorded an annual profit for the first time following a multi-million dollar payment from partner, Centrica.
IGas back in profit predicts 2018 will be “a defining year”
IGas declared a profit of £15.5m in 2017, after two previous years of loss.
Fracking firm Third Energy records loss of £3.4m in delayed 2016 accounts
The company behind plans to frack at Kirby Misperton in North Yorkshire released its long-awaited 2016 accounts this morning, declaring a loss of £3.405m.
February 2018 drilling headlines
Keep up with the news with DrillOrDrop’s February 2018 digest of headlines about fracking, shale and onshore oil and gas updated daily.
Updated: Minister delays fracking decision at Kirby Misperton until Third Energy submits its overdue accounts
The government is delaying a decision on Third Energy’s fracking plans at Kirby Misperton in North Yorkshire until the company has filed its latest accounts.
Council agrees £160,000 restoration fund for Kirby Misperton fracking site – “deeply worrying” say campaigners
Opponents of Third Energy’s plans to frack in North Yorkshire have criticised a site restoration fund as inadequate.
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