Wells drilled at the Lidsey wellsite in West Sussex were probably on the edge of the oil reservoir, rather than the crest, the site operator has announced.
Council planners have supported proposals for a one-year well test at the controversial Balcombe oil site in West Sussex, which saw daily protests in summer 2013.
Angus Energy reports it has raised £1.5m in a placing of 150 million ordinary shares.
The Oil & Gas Authority (OGA) has confirmed that it has extended Angus Energy’s licence at Brockham in Surrey until spring next year.
Doriemus is to sell its interest in the Brockham oil licence in Surrey to the operator, Angus Energy.
UK Oil & Gas plc announced this morning it has relinquished an oil exploration licence near Dorking in Surrey, which included a controversial site near the Leith Hill beauty spot.
Angus Energy has said it will abandon the Brockham oil field in Surrey if it does not get permission to reinject waste water.
Angus Energy is looking to borrow up to £12m to redevelop the Saltfleetby gas field in Lincolnshire.
Angus Energy’s new plans to test for oil at its Balcombe site in West Sussex have been published.
A revised planning application for an extended well test at the Balcombe oil exploration site in West Sussex is due to be submitted within a week, operator Angus Energy said today.