The amount of carbon that would be emitted during any future oil production at West Newton in East Yorkshire would be smaller than the UK onshore average, according to the conclusions of a study announced today.
Union Jack Oil plc is to pay £500,000 to become the largest single investor in the Wressle oil field in North Lincolnshire.
Shareholders in most UK onshore oil and gas companies could be forgiven for looking forward to the end of 2019.
Cuadrilla’s Australian investor has suggested that the shale gas company will be looking at new exploration sites next year.
Cuadrilla’s leading investor, AJ Lucas, has failed to raise its target in a recent share offer.
Cuadrilla’s Australian investor has said it continues to give the shale gas company its “full support” in the face of a moratorium on fracking announced two days ago.
An exploration company has told investors about plans to drill next year at a second site at West Newton in East Yorkshire.
Unexpected changes to drilling at the Horse Hill oil site near Gatwick have surprised residents and raised concerns about planning consent.
The anti-fracking network, Reclaim the Power, is focusing its opposition next week on companies that finance shale gas exploration.
Surrey County Council is standing by its position that Angus Energy does not have planning permission for oil production from a well at its Brockham site, despite an announcement of “final go-ahead” this morning.
DRILL OR DROP? 