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.
Egdon Resources, the company behind the UK’s newest onshore oil producer, announced this morning it has agreed to a takeover by Petrichor Partners.
Opponents of plans to test an oil well at the West Sussex village of Balcombe have got permission to bring a legal challenge.
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.
DrillOrDrop’s review of the latest UK onshore production data for January 2023 reveals another record month for flaring at oil fields. For the first time in this series of articles, we’ve added data on onshore gas production.
Keep up to date with April 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. Click here for headlines from previous months. Please let us know if we’ve missed something important contact@DrillOrDrop.com Friday 28 April […]
The oil and gas industry regulator has began another investigation into the suspected failure of a company to comply with licence obligations.
Onshore oil production in the UK in 2022 slumped to the lowest level since 1989.
Flaring in the North Sea has halved in the past four years, the industry regulator announced today. But analysis by DrillOrDrop shows that flaring at onshore fields reached record levels in 2022.
Keep up to date with March 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. Click here for headlines from previous months. Please let us know if we’ve missed something important contact@DrillOrDrop.com Friday 31 March […]
The new organisation created to hold government to account on the environment is seeking to contribute to a landmark legal case on the climate impact of onshore oil production.