Angus conference call: Planning blunder forced company to reapply for Balcombe consent
Angus Energy could have avoided another planning application for its extended well test at Balcombe in West Sussex, the company admitted this evening.
Angus Energy could have avoided another planning application for its extended well test at Balcombe in West Sussex, the company admitted this evening.
UK onshore oil production is being held back by new regulations on water reinjection, Angus Energy told investors this evening.
Events in July 2019 and beyond about UK fracking, onshore oil and gas and campaigning
Angus Energy has said it is in talks to sell its stake in an oil production licence in Surrey after revealing that a controversial sidetrack well was unlikely to flow commercially without extra stimulation.
Angus Energy announced this morning it had completed a farm-in agreement for the Saltfleetby gasfield in East Lincolnshire.
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.