UKOG issues 637m new shares to fund cuts in the cost of oil production
The company behind oil production at Horse Hill in Surrey has raised £1.275m in a share placing to pay for cost cuts.
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.
The fracking company, Third Energy Onshore Ltd, announced today it had appointed Keith Cochrane as its non-executive chairman.