Angus Energy – the company behind oil sites in southern England – announced today it was looking into transactions of shares held by its chairman. It also claimed oil at one of its sites was higher quality than Brent Crude.
People living near a proposed oil production site in the South Downs National Park voted almost unanimously last night against the scheme.
The majority investor in the Horse Hill oil well near Gatwick is claiming record UK onshore flow rates. After completing initial flow tests, UK Oil & Gas described the results this morning as “outstanding” and equivalent to rates from the North Sea.
Planners in East Yorkshire have said Rathlin Energy should be allowed to work at an exploratory gas site in Holderness for another three years.