Losses widen at Angus Energy on derivative swap
Angus Energy has reported widening annual losses because of a derivative swap.
Revenue quadruples at Europa Oil & Gas
The Wressle production site in Lincolnshire has helped Europa Oil & Gas quadruple its annual revenues.
UKOG to farm out Surrey gas exploration
Drilling for gas near a Surrey village will be funded by another company, the operator has announced.
UK tax benefits boost finances of Cuadrilla’s Australian owner
The Australian mining company that owns Cuadrilla is back in profit, partly thanks to benefits from the UK tax system.
Angus counts on production at Saltfleetby and Balcombe
Production at Angus Energy’s Saltfleetby gasfield and oil flow at Balcombe would “mark a turnaround in the group’s fortunes” and bring “material cash flow for the first time”, the company said today.
DRILL OR DROP? 