Two companies are banking on the approval of consent for oil production at the Wressle well in Lincolnshire and that it brings in expected revenues.
Egdon Resources announced today that it had taken over Celtique Energie’s interests in two oil and gas exploration licences.
A community group has given notice that it is planning a legal challenge to the extension of an oil and gas exploration licence in West Sussex.
Opponents of fracking throughout Sussex have written to the government objecting to any extension of an oil exploration licence recently bought by one of the companies behind the Horse Hill well near Gatwick.
UK Oil and Gas Investments, one of the companies behind the Horse Hill oil well near Gatwick, has paid £3.5m for a Petroleum Exploration and Development Licence (PEDL) in the West Sussex Weald.
The Denver-based oil company, Magellan Petroleum, is looking to sell its interests in exploration licences and drilling plans in the Weald in southern England.
More than 10,000 people have booked to see a play at Chichester Festival Theatre about reactions to fracking plans in a fictional village. All 33 performances of the new work by Alistair Beaton have sold out more than three months before it opens.