Angus debt restructuring deal signed
Angus Energy announced today it had signed conditional restructuring agreements with its creditors.
Angus Energy announced today it had signed conditional restructuring agreements with its creditors.
UK Oil & Gas is selling its stake in the troubled Horse Hill production site and licence, the company’s last remaining hydrocarbon interest.
Europa Oil & Gas, the company behind rejected plans for lower-volume fracking at Burniston in North Yorkshire, is also pursuing developments at three other sites onshore in the UK, it revealed today.
The company behind the suspended oil site that is subject of a landmark Supreme Court ruling has reported declining assets and revenue.
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.
Revenue and gas production at Angus Energy fell in 2025 compared with the year before.
Europa Oil & Gas Limited has been making headlines since it announced controversial plans a year ago for gas drilling and lower-volume fracking in the North Yorkshire village of Burniston, near Scarborough.
Long-awaited annual accounts for UK Oil & Gas plc show a £35m drop in the value of the company’s oil and gas assets.
The oil and gas company, Star Energy, said this week it was under increasing strain in a challenging operating environment.
Wells at two key sites in the UK’s failed shale gas revolution have been abandoned.