The exploration company, Rathlin Energy, owed nearly £34m, according to annual accounts published yesterday (7 November 2018).
Breaking: Rotherham councillors refuse Ineos shale gas plans at Woodsetts for second time – live news updates
Live updates on the meeting of Rotherham Council discussing Ineos planning application to drill and test a shale gas well on the edge of the South Yorkshire village of Woodsetts.
The future of an oil exploration site in West Sussex depends on the results of tests at the so-called “Gatwick Gusher” well about 20 miles away in Surrey, a company has said.
The largest investor in the Horse Hill oil well near Gatwick is seeking to change its company status.
The exploration company, UK Oil and Gas, has defended its injunction which seeks to outlaw the protest tactic of slow walking.
Angus Energy – the company behind oil sites in southern England – announced today it was looking into transactions of shares held by its chairman. It also claimed oil at one of its sites was higher quality than Brent Crude.
The regulator of oil and gas licensing has begun a consultation on how it plans to assess the financial strength of companies.