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.
Well tests at Rathlin Energy’s exploration sites in East Yorkshire recovered oil and gas but did not achieve sustained flow rates, it was revealed today.
Oil exploration plans on the Isle of Wight would “make the best use” of mineral resources in the transition to a low carbon future, the company behind the proposals has said. But local campaigners have disputed the arguments and said they should be rejected.
Another well at Rathlin Energy’s West Newton-B site is due to be drilled in the second half of 2021, according to an update to shareholders today.
Rathlin Energy has revealed proposals to add six new wells at its West Newton A wellsite in Holderness and seek consent for 25-years of production. In a short statement on its website, the company said it planned to drill, test and produce from up to six new wells. […]
Senior Conservatives in East Yorkshire are urging the county council to declare a climate emergency – after defeating two previous calls by their opponents.
Drilling results from Rathlin Energy’s West Newton B site in East Yorkshire indicate a “substantial hydrocarbon accumulation”, partners said this morning.
Hydrocarbon companies that want to maintain their position in the economy have to become wholly different businesses, the government’s climate change advisor has warned. Launching the world’s first detailed route map to a fully decarbonised nation, Lord Deben, chair of the Committee on Climate Change (CCC), said: “We […]
Union Jack Oil announced this morning it had increased its interest in the Biscathorpe oil site in Lincolnshire.
A planning application by UK Oil & Gas for an exploration site on the Isle of Wight was published online this afternoon.