IGas blames Covid-19 for 2021 production levels
IGas shares dropped nearly 18% today following news of the impact of Covid-19 on production.
Angus Energy raises £1.4m and delays deadline for prospective buyer
Angus Energy has raised £1.4m through a placing of 175m shares.
UKOG chief executive commits to invest £12,000 in company over a year
UK Oil & Gas chief executive Stephen Sanderson bought 985,221 shares in the company this month, at a price of 0.1015p per share, the company has confirmed.
Review of Lidsey oil field alters target location
The target of the Lidsey oil field in West Sussex is not where it was previously predicted, the operator said today.
Shares up at IGas but down at Union Jack
Shares in IGas rose more than a third this morning on an announcement that the company had signed a memorandum of understanding with SSE Heath Networks on the development of a geothermal district heating project in Stoke-on-Trent.
Formation damage reported at West Newton-B well
Suspected damage to the target formation at Rathlin Energy’s West Newton-B site in East Yorkshire is limiting hydrocarbon flow, two of the partners said this morning.
Wressle flow test tops 500 barrels of oil per day
Tests at the Wressle oil site in North Lincolnshire have exceeded flow rates of 500 barrels of oil per day, the operator, Egdon Resources said this morning.
More time for UKOG drilling at Horse Hill
Regulators have given UK Oil & Gas plc more time to drill at the Horse Hill site in Surrey, the company announced today.
UKOG share offer raises 10pc of target
An UK Oil & Gas share offer has raised just a tenth of the target funds, the company has reported.
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.
DRILL OR DROP? 