The onshore oil and gas company, Union Jack Oil has announced a loss of £1.1m in its accounts for 2018, published today. This compares with a deficit of £0.75m in 2017.
As UK Oil & Gas publishes its latest results, DrillOrDrop reviews the company’s holdings, finances, plans and personnel.
Cuadrilla has accused some of the opponents of its shale gas operations in Lancashire of “irresponsible and intimidating behaviour”.
The shale gas company, Cuadrilla, has announced a loss of $17.671m for the 12 months ending 31 December 2015, up from $11.568m on the previous year.
A company which supports the shale industry has proposed that proceeds from fracking should be used to makes homes more energy efficient and to pay for household renewable energy schemes.
The head of one of the companies behind the Horse Hill oil well said today he was committed to giving local people a share of any production revenues.
IGas announced it would submit a planning application to drill exploratory wells in Nottinghamshire in the next quarter. The company in its annual accounts released today said if it received consent it would expect to start drilling in the first half of next year.