UKOG sells Horse Hill stake in £1m deal
UK Oil & Gas is selling its stake in the troubled Horse Hill production site and licence, the company’s last remaining hydrocarbon interest.
UK Oil & Gas is selling its stake in the troubled Horse Hill production site and licence, the company’s last remaining hydrocarbon interest.
An investor in the Wressle and West Newton fields warned today that government policy has made its UK business “increasingly difficult to progress”.
The company behind the suspended oil site that is subject of a landmark Supreme Court ruling has reported declining assets and revenue.
Revenue and gas production at Angus Energy fell in 2025 compared with the year before.
Europa Oil & Gas Limited has been making headlines since it announced controversial plans a year ago for gas drilling and lower-volume fracking in the North Yorkshire village of Burniston, near Scarborough.
The cash-strapped oil and gas company, Rathlin Energy, has won more time to secure funds to meet its drilling commitments.
The operator of the UK’s largest onshore gasfield is working with its lender on the potential takeover of production assets off the southern USA.
Star Energy announced this morning it had acquired a further 20% of the geothermal company, A14 Energy Limited.
Rathlin Energy does not have enough money to meet its drilling and abandonment commitments in East Yorkshire, according to annual accounts published today.
Potential gas production from two sites in East Yorkshire would have a significantly lower carbon footprint than the UK average, according to new estimates.