Egdon shares rise 80%+ as it agrees to £27m takeover
Egdon Resources, the company behind the UK’s newest onshore oil producer, announced this morning it has agreed to a takeover by Petrichor Partners.
Challenge to Surrey gas drilling goes to court
Opponents of plans to explore for gas near the Surrey village of Dunsfold take their case to the Royal Courts of Justice next week.
Grid can take Loxley gas – UKOG
The gas network could accept potential supplies from UKOG’s proposed site in Surrey, the company said today.
Saltfleetby sidetrack drilling extended
Angus Energy has said the drilling of a sidetrack at its Saltfleetby gas site has been extended by about 14 days.
Angus Energy raises £7.1m
Angus Energy reported today it has raised £7.1m in a share placing and subscription.
Campaigners welcome U-turn on fracking moratorium
Anti-fracking groups have welcomed confirmation from Downing Street that Rishi Sunak will reimpose the moratorium in England.
Shares fall on West Newton gas production update
Any commercial gas production at West Newton in East Yorkshire is about four years away, companies behind the plans revealed this morning.
Union Jack shares fall on Wressle estimates
Shares in Union Jack Oil fell more than 20% on the publication of an assessment of the Wressle oil field in North Lincolnshire this morning.
UKOG share placing raises another £3m for operations in Turkey
Weald-based UK Oil & Gas plc (UKOG) announced this morning it has raised £3m to spend in Turkey.
Shares drop again as Angus Energy acquires 100% of Saltfleetby gas project for £14m+
Angus Energy announced today it had bought out its partner in the Saltfleetby gas field in Lincolnshire for more than £14m.
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