Angus Energy could have avoided another planning application for its extended well test at Balcombe in West Sussex, the company admitted this evening.
UK onshore oil production is being held back by new regulations on water reinjection, Angus Energy told investors this evening.
Investors in the West Newton oil and gas site north of Hull have announced that drilling is underway on a second well.
Egdon Resources’ new well at Biscathorpe, near Louth in Lincolnshire, has failed to encounter the oil formation it was targeting, the company said this afternoon.
Horse Hill Portland oil tests “exceed expectations” – long-term production application expected soon, says UKOG
Results of well testing at the Horse Hill oil exploration site in Surrey have exceeded expectations, the leading investor said this afternoon.
The exploration company. UKOG, announced this morning it had suspended its well at Broadford Bridge in West Sussex, after describing observed oil flows as likely to be “sub-commercial”.
UK Oil and Gas Investments – the company with interests at Horse Hill, Broadford Bridge and Markwells Wood – has confirmed it is meeting with potential new institutional investors.