New application for Wressle oil site and £0.85m half-year loss – Egdon accounts
Egdon Resources has confirmed it has made a new planning application for its Wressle oil site near Scunthorpe.
Egdon Resources has confirmed it has made a new planning application for its Wressle oil site near Scunthorpe.
Proposals by Angus Energy to continue oil production from its Lidsey site until 2028 have been supported by officials at West Sussex County Council.
For this weekend’s long read, Ben Dean explores the rules behind onshore Petroleum Exploration and Development Licences (PEDLs) and examines the decisions to be made for a group of PEDLs this year.
Angus Energy announced this morning it was producing more than 200 barrels of oil a day, mainly from its site at Lidsey in West Sussex.
The oil and gas company, Angus Energy, made no money from production in the year 2016-2017, according to its accounts published today. But its message to investors was that 2018 would be different.
The oil company, Angus Energy, has applied for permission to produce from its Lidsey site near Bognor Regis in West Sussex for another 10 years.
A new planning application for oil production at the Wressle site near Scunthorpe is expected by the end of April, one of the partners in the project has said.
Correspondence seen by DrillOrDrop shows that the planning application submitted by Angus Energy for its Brockham oil site late last year has been found to be invalid by Surrey County Council.
Angus Energy announced this morning it would be producing oil from four wells in the Weald in southern England in the first three months of this year.
Villagers opposed to drilling for oil in a remote part of the South Downs have accused regulators of a lack of robustness in handling the licence near their homes.