Europa general meeting update
Europa Oil & Gas, the company behind plans for lower-volume fracking at Burniston, in North Yorkshire, has indefinitely adjourned its general meeting planned for the end of this month and announced a new one.
Europa shares drop 16% on news of £3.5m fundraising and going concern warning
The company behind plans for lower-volume fracking in Burniston, North Yorkshire, warned today it could go out of business if shareholders did not approve a £3.5m fundraising later this month.
Updated: UKOG abandons Turkish well test and announces new fundraising plans for Loxley
UKOG shares dropped more than a third today on news that the company had abandoned testing the Pinarova-1 well in Turkey. The company said it was “disappointed” that the well had not met its expectations.
Angus to borrow £12m for Saltfleetby
Angus Energy is looking to borrow up to £12m to redevelop the Saltfleetby gas field in Lincolnshire.
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