Shares fall on West Newton gas production update
Any commercial gas production at West Newton in East Yorkshire is about four years away, companies behind the plans revealed this morning.
Any commercial gas production at West Newton in East Yorkshire is about four years away, companies behind the plans revealed this morning.
Shares in Union Jack Oil fell more than 20% on the publication of an assessment of the Wressle oil field in North Lincolnshire this morning.
DrillOrDrop’s review of the latest UK onshore oil data for May 2022: daily production at 30+ year low
DrillOrDrop’s review of the latest UK onshore oil data for April 2022: daily production at a 12 month low
DrillOrDrop’s review of the latest UK onshore oil data for February 2022: small recovery in daily production but monthly volumes down
DrillOrDrop’s review of the latest UK onshore oil data for January 2022: production down despite high prices
IGas shares dropped nearly 18% today following news of the impact of Covid-19 on production.
Follow onshore oil production trends with our review of the latest official monthly data
UK Oil & Gas has announced it has raised £5m in a placing, prompting a sharp fall in the share price.
The exploration and production company, IGas, said today it was reviewing its capital spending plans with the increase in the oil price.