Egdon reports 530% increase in oil and gas revenues
The oil and gas operator, Egdon Resources, has reported increased revenues of more than 530% because of rising production and prices.
Campaigners warn of “huge backlash” if government rewrites rules on fracking
Fracking opponents have warned of a “huge backlash” if the government agrees to industry demands for new rules to make shale gas production quicker and easier.
UKOG to farm out Surrey gas exploration
Drilling for gas near a Surrey village will be funded by another company, the operator has announced.
Minister avoids question on fracking tax relief
The energy minister, Greg Hands, sidestepped a question about the investment tax allowance proposed under the windfall tax for oil and gas companies.
Little public support for policy change on fracking – study
As the government considers the future of fracking in England, a new study has revealed little support for a change of policy.
“There can be no moving the fracking goalposts” – Fylde MP
The MP representing the area around Cuadrilla’s shale gas site in Lancashire has opposed efforts by some fellow Conservatives to lift the moratorium on fracking and relax regulations on earthquakes.
UKOG fails to win extra Turkish licences
The Weald-based UK Oil & Gas (UKOG) plc confirmed today its bid for three new licences in Turkey had been unsuccessful.
Angus updates on reinjection at Brockham and sidetrack at Lidsey
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.
“Disappointing” pause on UKOG’s Turkish well
Work has paused on UKOG’s Turkish well after the drilling assembly became stuck.
Shares fall on news of UKOG £5m placing
UK Oil & Gas has announced it has raised £5m in a placing, prompting a sharp fall in the share price.
