November 2023 headlines
Keep up to date with November 2023’s news with our digest of daily updated headlines about the business, regulation and campaigns around UK fracking, shale, and onshore oil and gas.
Breaking: Inspector rules national need for oil justifies production in Lincolnshire Wolds AONB
A planning inspector has allowed long-term oil production in the Lincolnshire Wolds, even though he admitted it would harm the landscape and beauty of the area.
Union Jack buys into German oil and gas
Union Jack announced this morning it was buying a 3% stake in Beacon Energy plc, an onshore oil and gas company with assets in Germany.
Profits down at Star Energy and Union Jack
Star Energy and Union Jack Oil have reported falling profits in interim accounts published this week.
Egdon shares rise 80%+ as it agrees to £27m takeover
Egdon Resources, the company behind the UK’s newest onshore oil producer, announced this morning it has agreed to a takeover by Petrichor Partners.
Wressle oil delivers first Union Jack annual profit
Oil production from the Wressle field in north Lincolnshire helped boost annual revenue by 349% for Union Jack, the company said today.
Wressle boosts Egdon production
Egdon Resources increased oil production by 27% in the second half of 2022, thanks to the Wressle field in North Lincolnshire.
3 onshore oil and gas wells drilled in 2022 – official data
Just three onshore wells were drilled in 2022, despite record oil and gas prices.
Egdon reports 530% increase in oil and gas revenues
The oil and gas operator, Egdon Resources, has reported increased revenues of more than 530% because of rising production and prices.
Egdon Resources challenged over changes to Biscathorpe oil production plans
The company behind long-term oil extraction at Biscathorpe in the Lincolnshire Wolds was accused today of inconsistencies in its plans.
DRILL OR DROP? 