Funding shortfall casts doubt over Rathlin Energy’s future
Rathlin Energy does not have enough money to meet its drilling and abandonment commitments in East Yorkshire, according to annual accounts published today.
Rathlin Energy does not have enough money to meet its drilling and abandonment commitments in East Yorkshire, according to annual accounts published today.
Rathlin Energy has announced it is seeking permission to inject fluid and proppant into a well at its West Newton-A site in East Yorkshire.
Rathlin Energy will fail to meet its obligations to drill a production well at West Newton in East Yorkshire because it can’t find the money, it was revealed today.
Union Jack Oil, the majority investor in the Wressle onshore site in North Lincolnshire, has announced its first move into the US.
DrillOrDrop’s checklist of what to look out for in 2024 on UK onshore oil and gas. You can also catch up with the headlines from 2023 in our review of the year.
Rathlin Energy, the company which runs oil and gas sites in East Yorkshire, is seeking extra funding to pay for drilling and testing obligations.
Work on a new well at the West Newton-B oil and gas site in East Yorkshire has been postponed again.
The Environment Agency has given formal consent for oil and gas production at an expanded West Newton-A well site in East Yorkshire.
An East Yorkshire wellsite, abandoned nine years ago, could be an “exciting appraisal opportunity”, an exploration company said today.
A horizontal gas well at an East Yorkshire site is due to be drilled this autumn, the operator said today.