Questions over Heyco’s “outstanding” Gainsborough gas claims
Ambitious claims about potential production from a shale gas discovery in Lincolnshire have been described as “so misleading as to be ridiculous”.
Ambitious claims about potential production from a shale gas discovery in Lincolnshire have been described as “so misleading as to be ridiculous”.
Angus Energy is seeking permission to drill up to four new wells at the UK’s largest onshore producing gas field.
The company behind long-term oil extraction at Biscathorpe in the Lincolnshire Wolds was accused today of inconsistencies in its plans.
The Horse Hill oil field in Surrey, once described by its owner as world class, was likened today to a “talented but troublesome teenager”.
IGas blamed the Covid-19 outbreak and a low oil price for falls in production and revenue, along with a rise in debt, in the first half of the year.
The former head of BP and the fracking firm Cuadrilla has warned that oil prices will remain low for “some considerable time”.