Egdon shares rise 80%+ as it agrees to £27m takeover
Egdon Resources, the company behind the UK’s newest onshore oil producer, announced this morning it has agreed to a takeover by Petrichor Partners.
Cumbrian coal mine company intervenes in Supreme Court challenge over Horse Hill oil production
A landmark legal case on the climate impacts of onshore oil production, to be heard by the Supreme Court in June, could threaten plans for a controversial new coal mine in Cumbria – as well as other fossil fuel developments.
Wressle oil delivers first Union Jack annual profit
Oil production from the Wressle field in north Lincolnshire helped boost annual revenue by 349% for Union Jack, the company said today.
Residents get go-ahead for court challenge to Balcombe oil test
Opponents of plans to test an oil well at the West Sussex village of Balcombe have got permission to bring a legal challenge.
The falling value of the Gatwick Gusher
The Gatwick Gusher oil well, once said to be of national significance, has been downgraded in value for the third time by its owner.
May 2023 headlines
Keep up to date with May 2023’s news with our digest of daily updated headlines about the business, regulation and campaigns around UK fracking, shale, and onshore oil and gas.
UK onshore oil and gas production in charts – February 2023
DrillOrDrop’s review of the latest UK onshore production data for February 2023 reveals rising daily oil production but falls at the newest producing field at Wressle. Lower gas production at Saltfleetby contributed to falls in the UK onshore gas total.
End oil extraction at Wytch Farm, say campaigners
Campaigners and residents in Dorset are calling for tougher measures against the company behind last month’s oil leak in Poole Harbour.
Court rules that campaigners can challenge new oil and gas licences
Campaigners have been granted permission to challenge last year’s decision by the government to issue new oil and gas licences.
Wressle boosts Egdon production
Egdon Resources increased oil production by 27% in the second half of 2022, thanks to the Wressle field in North Lincolnshire.
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