A new study has found no clear links between the recent swarm of earth tremors in Surrey and local oil drilling activity.
Investors and anti-drilling campaigners have criticised proposals by Angus Energy to use money intended for decommissioning to connect a shut-in gas field to the grid.
Angus Energy announced today it had raised just over £3m in a placing of more than 70 million new shares.
UK onshore oil production fell to a seven-year low in 2018, according to official data.
The operation to identify a water zone in Angus Energy’s Brockham sidetrack well in Surrey has been estimated by the company to take up to 10 weeks.
Drilling a second well at Rathlin Energy’s exploration site in East Yorkshire is due to start next month, an investor in the project announced this morning.
As geologists continue to disagree about the cause of the Surrey earthquakes, a local MP has urged the government to investigate any link with oil operations.