February 2023 headlines
Keep up to date with February 2023’s news with our digest of daily updated headlines about the business, regulation and campaigns around UK fracking, shale, and onshore oil and gas.
Saltfleetby sidetrack drilling extended
Angus Energy has said the drilling of a sidetrack at its Saltfleetby gas site has been extended by about 14 days.
Saltfleetby gas – quarterly volume of 5.6m therms
Angus Energy has reported that its Saltfleetby gas site in Lincolnshire produced 5.6m therms between October and December 2022.
3 onshore oil and gas wells drilled in 2022 – official data
Just three onshore wells were drilled in 2022, despite record oil and gas prices.
What to watch in 2023?
DrillOrDrop’s checklist of what to look out for in 2023 on UK onshore oil and gas
Angus Energy raises £7.1m
Angus Energy reported today it has raised £7.1m in a share placing and subscription.
Angus Energy announces new start date for Saltfleetby sidetrack
Drilling of a delayed sidetrack at the Saltfleetby gasfield in Lincolnshire will begin next month, the site operator, Angus Energy, has said.
Angus Energy shares rise on Saltfleetby gas processing
Shares in Angus Energy rose 28% today on news that the company had begun processing wellhead gas from its B2 well at Saltfleetby in Lincolnshire.
Shares drop again as Angus Energy acquires 100% of Saltfleetby gas project for £14m+
Angus Energy announced today it had bought out its partner in the Saltfleetby gas field in Lincolnshire for more than £14m.
Angus Energy raises £1.4m and delays deadline for prospective buyer
Angus Energy has raised £1.4m through a placing of 175m shares.
DRILL OR DROP? 