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.
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.
Oil and gas pay the bills at Star Energy
Revenue from oil and gas is funding Star Energy’s move to geothermal energy, company 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.
Star Energy’s revenue hit by oil and gas price falls
Lower commodity prices hit Star Energy last year, the company revealed today in annual accounts.
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.
Wressle oil earns Europa £5.3m – annual accounts
The Wressle oil field in North Lincolnshire earned Europa Oil & Gas £5.3m in the past year, the company reported this week.
Profits down at Star Energy and Union Jack
Star Energy and Union Jack Oil have reported falling profits in interim accounts published this week.
DRILL OR DROP? 