Egdon Resources reported a £4.75m loss today, along with falling production and revenues.
The company behind oil drilling at Horse Hill in Surrey said this morning it had taken a licence stake in south east Turkey in the hope of “rapid monetisation” of reserves.
Planners in the South Downs National Park have issued a second order to UK Oil and Gas to restore its site at Markwells Wood within six months.
News that the oil exploration company, UKOG, has had no right of access to its well site at Markwells Wood in the South Downs since last year has been welcomed by local people and campaigners.
Angus Energy announced this morning that it would become the new operator of Cuadrilla’s Balcombe oil exporation site in West Sussex. The deal, giving Angus 25% of the PEDL244 exploration licence, will cost Angus £4m and has to be approved by the Oil and Gas Authority. Details DrillOrDrop […]
A legal agreement clearing the way for Nottinghamshire’s first shale gas site has been delayed for the third time, the County Council confirmed today.
A legal agreement required for final planning consent at Nottinghamshire’s first shale gas site has been delayed for another month.
The government is being urged to block a land agreement that will allow exploratory drilling for oil near the Leith Hill beauty spot in Surrey.
The chief executive and co-founder of IGas, Andrew Austin, is stepping down from the board, the company announced this morning. It also gave details of cuts of more than 25% to its workforce and consultants.
Cuadrilla Resources Ltd has renewed the lease on its exploration site at Balcombe until 2043. The lease was signed with Simon Greenwood, owner of the Balcombe Estate, on September 26th, 3 days before the previous agreement expired. View the Land Registry document giving lease details: RegisterPlanWSX359771 News of the […]