UKOG announces OGA production consent for Horse Hill oil site
UKOG has announced that it has consent for long-term production from its Horse Hill site in Surrey from the Oil & Gas Authority (OGA).
Rathlin Energy’s £33.9m debt “casts doubt” over company viability – accounts
The exploration company, Rathlin Energy, owed nearly £34m, according to annual accounts published yesterday (7 November 2018).
Centrica payment puts Cuadrilla in profit
The shale gas company, Cuadrilla, has recorded an annual profit for the first time following a multi-million dollar payment from partner, Centrica.
New application for Wressle oil site and £0.85m half-year loss – Egdon accounts
Egdon Resources has confirmed it has made a new planning application for its Wressle oil site near Scunthorpe.
IGas in talks with bondholder Trans European Oil & Gas and new investors
IGas confirmed this morning it was having discussions with Trans European Oil & Gas, thought to be a leading holder of its secured debt.
Cuadrilla losses mount to $17.6m
The shale gas company, Cuadrilla, has announced a loss of $17.671m for the 12 months ending 31 December 2015, up from $11.568m on the previous year.
IGas bondholders divided over debt terms
IGas shares closed down more than 9% on the day after the company’s bondholders disagreed in votes over proposals to relax liquidity obligations.
