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.
Long-awaited annual accounts for UK Oil & Gas plc show a £35m drop in the value of the company’s oil and gas assets.
Plans to carry out a lower-volume hydraulic fracture at the West Newton-A oil and gas site in East Yorkshire look likely to get the go-ahead.
People are invited to comment on the environmental impacts of gas exploration, including lower-volume fracking, at Burniston in North Yorkshire.
An official online petition is calling on the government to ban “small-scale fracking” for onshore oil and gas.
A well at West Newton in East Yorkshire could be fractured in the next four to nine months, according to a partner in the project.
More than 100 people braved torrential rain to attend an information meeting and exhibition about plans for gas exploration at Burniston in North Yorkshire.
Two new wells planned for the UK’s newest onshore oil production site are likely to be stimulated by proppant squeeze, a small-scale hydraulic fracture.
Angus Energy has reported that its Saltfleetby gas site in Lincolnshire produced 5.6m therms between October and December 2022.
Rathlin Energy is apparently no longer targeting oil at its two sites at West Newton in East Yorkshire.
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.