Angus debt restructuring deal signed
Angus Energy announced today it had signed conditional restructuring agreements with its creditors.
Union Jack warning on UK onshore oil and gas assets
An investor in the Wressle and West Newton fields warned today that government policy has made its UK business “increasingly difficult to progress”.
Star Energy update: revenue and production fall in 2025 plus share placing
Star Energy oil revenues fell more than 20% in 2025, compared with the year before, according to annual accounts. The company also announced a share placing aimed at raising £8.4m.
Production and revenue down at Angus Energy – annual accounts
Revenue and gas production at Angus Energy fell in 2025 compared with the year before.
Oil and gas earnings down 38% at Star Energy
The oil and gas company, Star Energy, said this week it was under increasing strain in a challenging operating environment.
Barton Moss and Doe Green wells abandoned – Star Energy accounts
Wells at two key sites in the UK’s failed shale gas revolution have been abandoned.
£4m+ loss at Angus Energy – annual accounts
The UK’s biggest onshore gas producer has reported an annual loss of more than £4m, down more than 100% on the profit in the year before.
“Uncertainty” over Cuadrilla’s finances
There is “material uncertainty” over the finances of companies in the Cuadrilla oil and gas group, annual accounts have revealed.
Carbon footprint of West Newton gas “significantly lower” than UK average – report
Potential gas production from two sites in East Yorkshire would have a significantly lower carbon footprint than the UK average, according to new estimates.
Horse Hill production fall hits UKOG revenue
Falling production at the Horse Hill well in Surrey cut revenue for UK Oil & Gas plc last year.
DRILL OR DROP? 