Shares in UK Oil and Gas dropped by more than 35% this afternoon following the company’s announcement of possible formation damage at its Broadford Bridge oil exploration well and the prospect of drilling another sidetrack.
The fracking company Third Energy is seeking to extend planning permission for a gas pipeline, which campaigners say is potentially unsafe.
Another eviction began early this morning to remove anti-drilling campaigners who occupied the Horse Hill oil site near Gatwick Airport. The final campaigners were removed at 5.45pm.
At about 4.30 this morning, campaigners said they occupied the so-called “Gatwick Gusher” oil site at Horse Hill in Surrey.
Council officers are investigating complaints of Sunday working at the Broadford Bridge oil exploration site in West Sussex.
Councillors in Surrey approved plans this afternoon for another two wells at the Horse Hill oil exploration site near Gatwick Airport.
An anti-fracking protester has been on top of a lorry near Cuadrilla’s shale gas site near Blackpool for more than 58 hours.
For the first time, there appears to be a concerted campaign by investors in an oil company to support planning proposals for exploration.
Plans for an exploratory oil well at Biscathorpe in Lincolnshire have finally got an environmental permit – more than 21 months after the operator, Egdon Resources, first applied.
The Environment Agency announced today it had granted a permit to INEOS for proposed shale gas exploration at the village of Marsh Lane in north east Derbyshire.
DRILL OR DROP? 