Union Jack buys into German oil and gas
Union Jack announced this morning it was buying a 3% stake in Beacon Energy plc, an onshore oil and gas company with assets in Germany.
UK onshore oil and gas production in charts – May 2023
Extraction from the UK’s largest onshore gasfield rose 50% in May 2023, reaching record levels since the restart of production last year. Oil from the UK’s largest oilfield returned to levels before a pipe leak in March 2023.
Latest UK onshore oil production – October 2022
DrillOrDrop’s review of the latest UK onshore oil data for October 2022: the monthly volume of flared gas was the highest reported since records began six years ago
Revenue quadruples at Europa Oil & Gas
The Wressle production site in Lincolnshire has helped Europa Oil & Gas quadruple its annual revenues.
Cuadrilla owner raises new funds for UK fracking
The Australian owner of shale gas company Cuadrilla has raised $19.7m (£11.79m) in a share placing.
UKOG calls meeting to approve share issue for Turkish operations
The weald-based drilling company, UK Oil & Gas, is seeking support for a share issue to fund new drilling in Turkey.
UKOG raises £2.2m for Turkish exploration project
UK Oil & Gas plc announced today it had raised £2.2m to fund initial operations in its new interest in the Resan oil exploration project in Turkey.
Redundancies at IGas in £1m cost cutting
IGas has announced redundancies, including the chief finance officer, in a £1m cost-cutting programme.
UKOG announces plan to boost production from “Gatwick Gusher”
UK Oil & Gas said today it would reperforate the Portland section of its first well at the Horse Hill oil site in Surrey.
April 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.
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