Rathlin auditor resigns
The oil and gas company, Rathlin Energy, has announced it has changed its independent auditor.
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.
West Newton well stimulation scheduled
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.
“Uncertainty” over Cuadrilla’s finances
There is “material uncertainty” over the finances of companies in the Cuadrilla oil and gas group, annual accounts have revealed.
Funding shortfall casts doubt over Rathlin Energy’s future
Rathlin Energy does not have enough money to meet its drilling and abandonment commitments in East Yorkshire, according to annual accounts published today.
Cuadrilla cuts value of oil and gas assets
The only company to frack horizontal shale gas wells onshore in the UK has cut the value of its exploration assets.
Cuadrilla back in the red, value of shale gas assets to be cut
Cuadrilla’s Australian owner is to cut the value of UK shale gas exploration assets, following the reinstatement of the moratorium on fracking in England last year.
Losses widen at Angus Energy on derivative swap
Angus Energy has reported widening annual losses because of a derivative swap.
Rathlin Energy’s £33.9m debt “casts doubt” over company viability – accounts
The exploration company, Rathlin Energy, owed nearly £34m, according to annual accounts published yesterday (7 November 2018).
IGas warning in half-year accounts
The shale company IGas has raised questions about its ability to operate as a going concern.
DRILL OR DROP? 