UKOG interim accounts delayed
UK Oil & Gas has delayed publication of its interim accounts.
Angus Energy chief resigns
The chief executive of the oil and gas company, Angus Energy, has a resigned, a statement said this morning.
Angus works with lender on takeover
The operator of the UK’s largest onshore gasfield is working with its lender on the potential takeover of production assets off the southern USA.
Star Energy increases stake in geothermal group
Star Energy announced this morning it had acquired a further 20% of the geothermal company, A14 Energy Limited.
Reabold Resources ups stake in Rathlin Energy
Reabold Resources has acquired a further 20.4% of shares in Rathlin Energy, the operator of two exploration sites in East Yorkshire.
West Newton to miss drilling deadlines
Rathlin Energy will fail to meet its obligations to drill a production well at West Newton in East Yorkshire because it can’t find the money, it was revealed today.
Loxley drilling deadline extended again
The deadline to start drilling a gas exploration well in Surrey has been extended again.
Updated: UKOG pushes ahead with share plan to raise money for Loxley gas site
UK Oil & Gas has revived a bid to reorganise its share capital, needed to raise money for future projects, including a gas site in Surrey.
Updated: UKOG abandons Turkish well test and announces new fundraising plans for Loxley
UKOG shares dropped more than a third today on news that the company had abandoned testing the Pinarova-1 well in Turkey. The company said it was “disappointed” that the well had not met its expectations.
Updated: Shareholders challenge oil directors
Two directors of an oil firm have retired after “consultation with shareholders” and the entire board of a second company faces a call for its replacement.
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