Angus Energy raises £7.1m
Angus Energy reported today it has raised £7.1m in a share placing and subscription.
Angus Energy reported today it has raised £7.1m in a share placing and subscription.
For the first time since 1935, no onshore oil or gas wells were drilled in a calendar year, according to 2021 data from the industry regulator.
Union Jack Oil has announced plans to restart an extended well test at the West Newton-A oil and gas site in East Yorkshire.
About 50 people from the West Sussex village of Balcombe joined a protest this morning against imminent tests at a nearby oil site.
Drilling of the UK’s first horizontal shale gas well has been completed, Cuadrilla announced this morning.
The number of onshore oil and gas wells drilled in the UK in 2017 was another 50-year low for the industry.
Surrey County Council is meeting the oil and gas company, Angus Energy, this week to discuss a side-track well at Brockham, amid allegations that it was drilled without planning permission.
The majority investor in the Horse Hill oil well near Gatwick is claiming record UK onshore flow rates. After completing initial flow tests, UK Oil & Gas described the results this morning as “outstanding” and equivalent to rates from the North Sea.
The short answer is not many companies sank wells anywhere onshore in 2015. The number of oil and gas wells drilled in the UK in 2015 was the lowest for almost 40 years.