energy B investors back Horse Hill purchase
Shareholders in energy B have approved the company’s plans to acquire the majority stake in the Horse Hill oil site in Surrey.
Angus debt restructuring deal signed
Angus Energy announced today it had signed conditional restructuring agreements with its creditors.
Reabold seeks to raise £1.1m
The major backer of oil and gas production in East Yorkshire has announced a share placing to raise £1.1m.
Europa shareholders back fundraising
Investors in Europa Oil & Gas, the company behind plans for gas drilling and lower-volume fracking at Burniston, have approved resolutions to issue more shares and warrants. Announcement
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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