UK Oil & Gas said today it would reperforate the Portland section of its first well at the Horse Hill oil site in Surrey.
The company behind oil production at Horse Hill in Surrey has raised £1.275m in a share placing to pay for cost cuts.
Angus Energy announced this morning that part of the target Kimmeridge oil interval at its well at Brockham in Surrey is producing water.
UKOG Broadford Bridge update: “unproductive” section, plans for new sites, extended flow test consent and new analysis
UK Oil and Gas has announced that a section of the reservoir at its Broadford Bridge oil well in West Sussex is “unproductive” because of low permeability.
Opponents of plans for 15 years of oil production near Scunthorpe had tears in their eyes when councillors refused planning permission this afternoon.
IGas said this morning it was having talks with a “potential strategic investor” as it headed towards a predicted failure to meet financial obligations.