The company behind oil production at Horse Hill in Surrey has raised £1.275m in a share placing to pay for cost cuts.
The UK’s biggest shale gas licence-holder declared a loss of more than £10m for 2017.
The company behind plans to frack at Kirby Misperton in North Yorkshire released its long-awaited 2016 accounts this morning, declaring a loss of £3.405m.
Third Energy appoints new directors –opponents say the company is “unfolding new deckchairs on the Titanic”
The fracking company, Third Energy Onshore Ltd, announced today it had appointed Keith Cochrane as its non-executive chairman.