Angus Energy “to return to Balcombe” in autumn 2020 + Brockham and Saltfleetby updates
Angus Energy has said it intends to return to its Balcombe oil exploration site in West Sussex later this year.
May 2020 headlines
You can keep up with the news here with our digest of headlines about UK fracking, shale and onshore oil and gas, updated daily.
Angus Energy update on Saltfleetby and Brockham
Angus Energy announced this morning it expected to submit a planning application next week for onsite gas processing at its Saltfleetby field in Lincolnshire.
Angus announces new £1.4m loan
Shares in Angus Energy rose this morning as the company announced it had taken out a £1.4m loan with a property company.
Angus counts on production at Saltfleetby and Balcombe
Production at Angus Energy’s Saltfleetby gasfield and oil flow at Balcombe would “mark a turnaround in the group’s fortunes” and bring “material cash flow for the first time”, the company said today.
What to watch in 2020
DrillOrDrop’s round-up of the possible action on UK fracking and onshore oil and gas developments in 2020.
2019 – disappointing year for many onshore oil and gas investors
Shareholders in most UK onshore oil and gas companies could be forgiven for looking forward to the end of 2019.
OGA approves transfer of Saltfleetby to Angus
Angus Energy has outlined plans for the Saltfleetby gas site in Lincolnshire after approval of its acquisition of a 51% stake.
December 2019 headlines
You can keep up with the news here with our digest of headlines about fracking, shale and onshore oil and gas, updated daily. Click here for headlines from previous months. Please let us know if we’ve missed something important contact@DrillOrDrop.com Key headlines Redacted version of secret government report on shale […]
Angus takes out £1.5m loan to pay for clean-up costs
Angus Energy has raised a £1.5m loan facility to pay for the costs of decommissioning oil and gas wells.
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