Angus works with lender on takeover
The operator of the UK’s largest onshore gasfield is working with its lender on the potential takeover of production assets off the southern USA.
The operator of the UK’s largest onshore gasfield is working with its lender on the potential takeover of production assets off the southern USA.
Cuadrilla’s Australian owner has refinanced its debt, it announced this morning.
There is “material uncertainty” over the finances of companies in the Cuadrilla oil and gas group, annual accounts have revealed.
Falling production at the Horse Hill well in Surrey cut revenue for UK Oil & Gas plc last year.
The operator of the Saltfleetby gas field, Angus Energy, has agreed a £20m debt facility.
Star Energy and Union Jack Oil have reported falling profits in interim accounts published this week.
Oil production from the Wressle field in north Lincolnshire helped boost annual revenue by 349% for Union Jack, the company said today.
In this guest post, the organisation representing farmers and both small and large landowners in Yorkshire put key questions on fracking to Rishi Sunak and Liz Truss.
IGas saw revenue drop by nearly half last year following production cuts and a falling oil price during the Covid-19 pandemic.
Angus Energy is looking to borrow up to £12m to redevelop the Saltfleetby gas field in Lincolnshire.