Delayed UKOG accounts reveal £35m cut in value of oil assets
Long-awaited annual accounts for UK Oil & Gas plc show a £35m drop in the value of the company’s oil and gas assets.
Long-awaited annual accounts for UK Oil & Gas plc show a £35m drop in the value of the company’s oil and gas assets.
Ambitious claims about potential production from a shale gas discovery in Lincolnshire have been described as “so misleading as to be ridiculous”.
More than 100 people braved torrential rain to attend an information meeting and exhibition about plans for gas exploration at Burniston in North Yorkshire.
Egdon Resources increased oil production by 27% in the second half of 2022, thanks to the Wressle field in North Lincolnshire.