Shrinking assets and cash – UKOG delayed accounts
The company behind the suspended oil site that is subject of a landmark Supreme Court ruling has reported declining assets and revenue.
UKOG reveals reasons for Weald licence surrender
An official report by UK Oil & Gas plc reveals why it gave up a licence to develop hydrocarbons in parts of Surrey and West Sussex.
Delayed UKOG accounts reveal £35m cut in value of oil assets
Long-awaited annual accounts for UK Oil & Gas plc show a £35m drop in the value of the company’s oil and gas assets.
Rathlin gets more time to raise cash for West Newton drilling – annual accounts
The cash-strapped oil and gas company, Rathlin Energy, has won more time to secure funds to meet its drilling commitments.
Summer 2024 diary
DrillOrDrop’s diary of events in summer 2024 involving the UK onshore oil and gas industry and campaigns about it.
Horse Hill initial farm-in agreement extended
The majority owner of the Horse Hill oil field in Surrey has announced an extension to the initial farm-in agreement with the Texas-focused PennPetro Energy.
Cuadrilla pulls back from another licence
Cuadrilla Resources is to give up operation of one of its Yorkshire licences, under an agreement announced today.
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