Union Jack becomes biggest player in Wressle oil field
Union Jack Oil plc is to pay £500,000 to become the largest single investor in the Wressle oil field in North Lincolnshire.
2019 – disappointing year for many onshore oil and gas investors
Shareholders in most UK onshore oil and gas companies could be forgiven for looking forward to the end of 2019.
Cuadrilla to examine licences in preparation for exploration, says partner
Cuadrilla’s Australian investor has suggested that the shale gas company will be looking at new exploration sites next year.
Cuadrilla investor fails to meet fundraising target
Cuadrilla’s leading investor, AJ Lucas, has failed to raise its target in a recent share offer.
Investor backs Cuadrilla over fracking moratorium
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.
Reabold outlines drilling plans at second West Newton site in early 2020
An exploration company has told investors about plans to drill next year at a second site at West Newton in East Yorkshire.
Residents question whether UKOG is trying to dupe council planners over Horse Hill drilling plans
Unexpected changes to drilling at the Horse Hill oil site near Gatwick have surprised residents and raised concerns about planning consent.
Opposition to fracking targets large investors in shale gas exploration
The anti-fracking network, Reclaim the Power, is focusing its opposition next week on companies that finance shale gas exploration.
Council confirms Angus oil production scheme at Brockham does not have planning permission
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.
IGas talks to potential investor ahead of predicted breach of commitments
IGas said this morning it was having talks with a “potential strategic investor” as it headed towards a predicted failure to meet financial obligations.
DRILL OR DROP? 