Rathlin reports £1m+ loss in 2020
Rathlin Energy, the operator of two oil and gas sites in East Yorkshire, has declared an annual loss in 2020 of £1,015,920. This was slightly smaller than the previous year.
Angus Energy raises £1.5m in share placing
Angus Energy reports it has raised £1.5m in a placing of 150 million ordinary shares.
Ineos cuts £63+m from value of UK shale assets because of fracking moratorium
Ineos’s shale gas business has cut the value of its exploration assets to zero following the government moratorium on fracking in England.
October 2020 headlines
You can keep up with October’s news here with our digest of headlines about UK fracking, shale and onshore oil and gas, updated daily.
Losses mount at IGas
IGas declared a pre-tax loss of £59.1m for 2019 in its group annual results published today. This was up from £25.1m in 2018.
UKOG delays capital spending because of coronavirus
UK Oil & Gas plc said today it had delayed its capital expenditure programme because of the covid-19 outbreak.
Egdon faces joint threat of fracking moratorium, delays and low gas prices
The moratorium on fracking, along with planning delays and weak commodity prices are a challenge for the future, Egdon Resources has concluded
Europa counts on Wressle oil production in 2020
The future of Europa Oil & Gas Limited depends on production this year from the Wressle well in north Lincolnshire, the company’s accounts have revealed.
UKOG seeks further oil and gas sites across southern England
The largest holder of oil and gas acreage in south-east England is seeking to add to its assets.
DRILL OR DROP? 