The future of Europa Oil & Gas Limited depends on production this year from the Wressle well in north Lincolnshire, the company’s accounts have revealed.
Union Jack Oil plc has raised £5m to press ahead with drilling plans at West Newton in East Yorkshire, the company announced this morning.
IGas has been granted extra time for exploration work in six oil and gas licences awarded three years ago.
Angus Energy announced this morning it had completed a farm-in agreement for the Saltfleetby gasfield in East Lincolnshire.
IGas has confirmed its first shale gas well at Springs Road in north Nottinghamshire has reached its total depth of 3,500 metres and encountered all three targets.
Egdon Resources’ new well at Biscathorpe, near Louth in Lincolnshire, has failed to encounter the oil formation it was targeting, the company said this afternoon.
An oil company has banned members of a community information group from taking part in protests about its exploration site.