Union Jack Oil plc has raised £5m to press ahead with drilling plans at West Newton in East Yorkshire, the company announced this morning.
Rathlin Energy has suspended the extended well test at its West Newton well site in East Yorkshire – just a week after the start.
Egdon Resources, the company behind plans for long-term oil production at Wressle near Scunthorpe, said today North Lincolnshire Council had withdrawn its case against the company.
An investor in the West Newton wellsite in East Yorkshire has said it could be the UK’s largest onshore gasfield and the largest onshore hydrocarbon discovery since 1973.
Edgon Resources confirmed this afternoon it had begun drilling its oil exploration well at Biscathorpe, near Louth in Lincolnshire.
Celtique Energie’s withdrawal from oil and gas licences has continued with the announcement today that it has sold more interests in the East Midlands.
DrillOrDrop reports on developments and prospects at North Kelsey, Biscathorpe, Wressle and Crosby Warren in Linconshire.