Regulations covering oil and gas developments are confusing and misleading and there are discrepancies between different agencies, a senior Surrey planner has said.
The oil and gas company, Angus Energy, made no money from production in the year 2016-2017, according to its accounts published today. But its message to investors was that 2018 would be different.
The oil company, Angus Energy, has applied for permission to produce from its Lidsey site near Bognor Regis in West Sussex for another 10 years.
UK Oil and Gas, the company behind oil exploration at Broadford Bridge in West Sussex, has rejected comments made about its operations by Angus Energy.
Angus Energy has said it expects to test its newly-acquired well at Balcombe in West Sussex, before turning to Brockham in Surrey.
Angus Energy announced this morning that it would become the operator of Cuadrilla’s Balcombe licence in West Sussex, after acquiring a 25% stake.
Angus Energy has denied that its planning application on the Brockham oil site in Surrey was found to be invalid.