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.
Water reinjection permitted at Horse Hill
The Horse Hill oil site in Surrey has been granted permission to pump waste water underground.
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.
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