“I love it because it is not oil”, the head of Angus Energy said of his new gas asset in Lincolnshire.
The rig to drill new wells at the Horse Hill oil site in Surrey has been delivered.
The decision on plans to drill two oil and gas wells near the Surrey village of Dunsfold have been delayed for a third time.
Unexpected changes to drilling at the Horse Hill oil site near Gatwick have surprised residents and raised concerns about planning consent.
UK onshore oil production is being held back by new regulations on water reinjection, Angus Energy told investors this evening.
An oil exploration company has said it will not inject dilute acid to stimulate flow at any of its wells in the Weald basin in southern England.
Europa Oil & Gas announced this morning it was transferring operation of the oil exploration licence around Leith Hill, near Dorking in Surrey.