“£1.9m investment commitment for West Newton” – Reabold
A new share placing could raise £1.9m for the West Newton oil and gas project in East Yorkshire, the leading partner has announced.
A new share placing could raise £1.9m for the West Newton oil and gas project in East Yorkshire, the leading partner has announced.
The UK’s second biggest onshore oil operator saw production volumes drop nearly 6% below predictions in 2025. In a trading update, Star Energy said net production averaged 1,886 barrels of oil equivalent per day (boe/d), compared with the 2,000 boe/d expected for the year. The company’s chief executive, […]
Cuadrilla has announced two of its subsidiaries are to cease trading.
Europa Oil & Gas Limited has been making headlines since it announced controversial plans a year ago for gas drilling and lower-volume fracking in the North Yorkshire village of Burniston, near Scarborough.
Two of the companies behind controversial proposals to drill for gas near the North York Moors National Park are looking to raise more than £6.5m for the scheme.
The cash-strapped oil and gas company, Rathlin Energy, has won more time to secure funds to meet its drilling commitments.
There is “material uncertainty” over the finances of companies in the Cuadrilla oil and gas group, annual accounts have revealed.
Falling production at the Horse Hill well in Surrey cut revenue for UK Oil & Gas plc last year.
Oil production from the Wressle field in north Lincolnshire helped boost annual revenue by 349% for Union Jack, the company said today.
Egdon Resources increased oil production by 27% in the second half of 2022, thanks to the Wressle field in North Lincolnshire.