The onshore oil and gas company, Union Jack Oil has announced a loss of £1.1m in its accounts for 2018, published today. This compares with a deficit of £0.75m in 2017.
Europa Oil & Gas announced this morning it was transferring operation of the oil exploration licence around Leith Hill, near Dorking in Surrey.
The exploration company behind failed plans to drill for oil near Leith Hill in the Surrey Hills has announced an annual loss of £2.88m. This is up from a loss of £721,000 in the previous 12 months.
Europa Oil & Gas, the company blocked last week from drilling near the Leith Hill beauty spot, began clearing the site today.
DrillOrDrop investigates the costs of a long-running planning battle over Surrey oil drilling plans which ended suddenly last week.
The Environment Secretary, Michael Gove, has refused to renew a lease of land for oil drilling in Surrey because of the damage it could do to ancient woodland.
The High Court has extended an injunction against protests at Europa’s exploratory oil site near Leith Hill in Surrey for less than a day.