Reabold Resources ups stake in Rathlin Energy
Reabold Resources has acquired a further 20.4% of shares in Rathlin Energy, the operator of two exploration sites in East Yorkshire.
Funding shortfall casts doubt over Rathlin Energy’s future
Rathlin Energy does not have enough money to meet its drilling and abandonment commitments in East Yorkshire, according to annual accounts published today.
West Newton gets more time for drilling plans
The industry regulator, the North Sea Transition Authority (NSTA), has extended the deadline for drilling plans at the West Newton field in East Yorkshire, it was reported today.
Rathlin Energy needs more money for East Yorkshire drilling
Rathlin Energy, the company which runs oil and gas sites in East Yorkshire, is seeking extra funding to pay for drilling and testing obligations.
Abandoned Crawberry Hill: “exciting appraisal opportunity” – Reabold Resources
An East Yorkshire wellsite, abandoned nine years ago, could be an “exciting appraisal opportunity”, an exploration company said today.
Regulator gives oil and gas companies more time to meet exploration commitments
The shale gas company, Cuadrilla, has got three more years in which to seek consent for two new wells near Blackpool in Lancashire.
Drilling starts on second well at Rathlin Energy’s West Newton site in East Yorkshire
Investors in the West Newton oil and gas site north of Hull have announced that drilling is underway on a second well.
Rathlin Energy’s £33.9m debt “casts doubt” over company viability – accounts
The exploration company, Rathlin Energy, owed nearly £34m, according to annual accounts published yesterday (7 November 2018).
DRILL OR DROP? 