The company behind oil production at Horse Hill in Surrey has raised £1.275m in a share placing to pay for cost cuts.
UK Oil & Gas plc said today it had delayed its capital expenditure programme because of the covid-19 outbreak.
UK Oil & Gas plc has announced it has successfully shut-off the source of formation water that entered an oil well at its Horse Hill site in Surrey.
Angus Energy said this morning its Balcombe oil well in West Sussex had flowed at rates of 853 and 1,587 barrels of oil per day in tests. But the company said it had encountered unexpected water and ran out of time to do more than two tests because […]
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.
One of the companies behind oil production plans at Wressle in Lincolnshire is optimistic that it will overturn two planning refusals when a public inquiry starts next week.
UK Oil & Gas, one of the companies behind the Horse Hill well near Gatwick Airport, is looking at multiple oil production sites across southern England.