Bitcoin mining plan for cash-strapped East Yorkshire gasfield
Two mothballed gas sites in East Yorkshire could be used for cryptocurrency mining, company announcements revealed today.
West Newton to miss drilling deadlines
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.
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.
Updated: Shareholders challenge oil directors
Two directors of an oil firm have retired after “consultation with shareholders” and the entire board of a second company faces a call for its replacement.
West Newton B drilling “exceeds expectations with substantial hydrocarbon accumulation”
Drilling results from Rathlin Energy’s West Newton B site in East Yorkshire indicate a “substantial hydrocarbon accumulation”, partners said this morning.
West Newton “potentially UK’s largest onshore hydrocarbon discovery since 1973” – investor
An investor in the West Newton wellsite in East Yorkshire has said it could be the UK’s largest onshore gasfield and the largest onshore hydrocarbon discovery since 1973.
Rig contracts for West Newton and Brockham
Drilling a second well at Rathlin Energy’s exploration site in East Yorkshire is due to start next month, an investor in the project announced this morning.
DRILL OR DROP? 