Union Jack shares fall on Wressle estimates
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.
West Newton looks at reservoir stimulation treatments to make wells flow
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.
Two sides disagree on benefits of Arreton oil drilling plans
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.
West Newton: New drilling and testing plans plus £4.7m fundraising
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.
Expansion and long-term production planned at East Yorkshire well site
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. […]
Council leaders call on East Yorkshire to declare a climate emergency
Senior Conservatives in East Yorkshire are urging the county council to declare a climate emergency – after defeating two previous calls by their opponents.
West Newton B drilling “exceeds expectations with substantial hydrocarbon accumulation”
Drilling results from Rathlin Energy’s West Newton B site in East Yorkshire indicate a “substantial hydrocarbon accumulation”, partners said this morning.
Government advisor warns oil and gas industry to face realities of climate change
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 adds to stake in Lincolnshire oil exploration
Union Jack Oil announced this morning it had increased its interest in the Biscathorpe oil site in Lincolnshire.
UKOG plans published for oil site on the Isle of Wight
A planning application by UK Oil & Gas for an exploration site on the Isle of Wight was published online this afternoon.
DRILL OR DROP? 