The Weald-based UK Oil & Gas (UKOG) plc confirmed today its bid for three new licences in Turkey had been unsuccessful.
A decision on proposals to reinject wastewater at the Brockham oil site in Surrey is expected next month (September), the site operator, Angus Energy has said.
Work has paused on UKOG’s Turkish well after the drilling assembly became stuck.
UK Oil & Gas has announced it has raised £5m in a placing, prompting a sharp fall in the share price.
Wells drilled at the Lidsey wellsite in West Sussex were probably on the edge of the oil reservoir, rather than the crest, the site operator has announced.
Lancashire shale gas will take longer to exploit than expected but the potential value remains, Cuadrilla’s chief executive told an Australian business newspaper today.
More than a third of damage reports following the UK’s strongest fracking-induced earthquake in Lancashire last year were from one town, according to data released this week.
The shale gas company, Cuadrilla Resources, is looking at conventional oil and gas opportunities in the UK after predicting no fracking this year.
An oil formation in Lincolnshire, missed by a well drilled last year, could be reached by a new sidetrack, a group of companies said today.
IGas should not be allowed to dispose of radioactive wastewater in a well at its Singleton oil site in the South Downs, campaigners have argued.