Union Jack takes £1m loan from Egdon
The company with the biggest stake in the Wressle oil field has agreed a £1m loan from the site operator, Egdon Resources.
Onshore shale gas company closing
One of the winning companies in the most recent auction of onshore oil and gas licences is going out of business.
Residents report work underway to abandon Markwells Wood oil site in South Downs
A residents’ group in the South Downs is reporting that UK Oil & Gas is pulling out of its exploration site at Markwells Wood.
DRILL OR DROP? 