UK Oil & Gas raises £4m for Weald operations
UK Oil & Gas Investments, one of the companies with interests in the Horse Hill exploratory oil well near Gatwick, has announced it is to invest an extra £4m in the Weald basin in southern England.
Campaign group warns of increasing impacts as Horse Hill well claims “outstanding” flow rates
The majority investor in the Horse Hill oil well near Gatwick is claiming record UK onshore flow rates. After completing initial flow tests, UK Oil & Gas described the results this morning as “outstanding” and equivalent to rates from the North Sea.
Gatwick oil find could be 70% higher than previously thought – not good news say Friends of the Earth
The volume of oil in the area round Gatwick could be 70% higher than previously estimated, according to UK Oil and Gas.
IGas says disclosure of CEO’s share dealings was correct
IGas issued a statement this morning saying an earlier announcement about the share dealings of its chief executive, Andrew Austin, had been “full and correct disclosure” under market rules.
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