Angus Energy has outlined plans for the Saltfleetby gas site in Lincolnshire after approval of its acquisition of a 51% stake.
Angus Energy has raised a £1.5m loan facility to pay for the costs of decommissioning oil and gas wells.
Two shareholders in Angus Energy have called a general meeting in a bid to remove the managing director, Paul Vonk, from the board.
The exploration company, Rathlin Energy, owed nearly £34m, according to annual accounts published yesterday (7 November 2018).
The company behind fracking plans at Kirby Misperton in North Yorkshire is again overdue with its annual accounts. It has also increased its loan from Barclays by £1.5m.
Barclays suggested this morning that it had not sold Third Energy because fracking at the company’s gas site at Kirby Misperton site in North Yorkshire had been delayed by the government.
The leading oil exploration company in the Weald in southern England announced this morning it had taken out a £10m loan.