Angus takes out £1.5m loan to pay for clean-up costs
Angus Energy has raised a £1.5m loan facility to pay for the costs of decommissioning oil and gas wells.
Interview: Angus oil man backs gas for the future
“I love it because it is not oil”, the head of Angus Energy said of his new gas asset in Lincolnshire.
Campaigners reject Surrey’s description of anti-fracking protests as “extremism”
Environmental campaigners have dismissed Surrey County Council’s use of the term “extremism” for anti-fracking protests.
Angus conference call: “restrictions on water reinjection limiting UK onshore oil and gas”
UK onshore oil production is being held back by new regulations on water reinjection, Angus Energy told investors this evening.
Angus conference call: “Kimmeridge oil not mature at Brockham”
The Kimmeridge formation at Brockham in Surrey is unlikely to generate significant volumes of oil because it isn’t mature, investors were told this evening.
Angus looks to sell Brockham after sidetrack found “uncommercial” without fracking
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.
Surrey earthquakes unlikely to be caused by oil activity, say researchers
A new study has found no clear links between the recent swarm of earth tremors in Surrey and local oil drilling activity.
