Results of well testing at the Horse Hill oil exploration site in Surrey have exceeded expectations, the leading investor said this afternoon.
Surrey County Council has confirmed that Angus Energy submitted a planning application today for its oil site at Brockham near Dorking.
A previously unidentified oil-bearing zone has been found in Kimmeridge Limestone at Broadford Bridge, it was reported yesterday.
The company exploring for oil at Broadford Bridge in West Sussex announced this morning it had received permission to flow test the well.
West Sussex County Council has confirmed that the company behind oil drilling at Broadford Bridge, near Billingshurst, is to seek an extension to its planning permission for the site.
UK Oil and Gas Investments announced today that drilling had begun at its well site at Broadford Bridge in West Sussex.
UK Oil and Gas Investments plc confirmed this morning it had raised the money it needs to begin drilling its well at Broadford Bridge, near Billingshurst in West Sussex.
Work is underway at the Broadford Bridge oil site in West Sussex for the first time for nearly two and a half years.
Angus Energy said today it expected to be ready to produce oil from a new sidetrack well at its Brockham site in Surrey by this spring or summer.
Oil production in the Weald in southern England could generate around £52 billion over 40 years, according to forecasts published today by EY.
DRILL OR DROP? 