Europa and Egdon seek £6.5m+ funding for Burniston gas plans
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.
Rathlin gets more time to raise cash for West Newton drilling – annual accounts
The cash-strapped oil and gas company, Rathlin Energy, has won more time to secure funds to meet its drilling commitments.
“Uncertainty” over Cuadrilla’s finances
There is “material uncertainty” over the finances of companies in the Cuadrilla oil and gas group, annual accounts have revealed.
Horse Hill production fall hits UKOG revenue
Falling production at the Horse Hill well in Surrey cut revenue for UK Oil & Gas plc last year.
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.
Egdon prepares for more drilling at Wressle
New plans are underway to drill for more oil and gas at Wressle in North Lincolnshire.
Revenue quadruples at Europa Oil & Gas
The Wressle production site in Lincolnshire has helped Europa Oil & Gas quadruple its annual revenues.
Eight new wells for East Yorkshire’s West Newton gasfield – plan unveiled
The first of eight new horizontal wells to exploit the West Newton gasfield in East Yorkshire could be drilled within months, it was revealed today.
IGas 2020 accounts reveal cost of Covid-19
IGas saw revenue drop by nearly half last year following production cuts and a falling oil price during the Covid-19 pandemic.
DRILL OR DROP? 