Shares in UK Oil & Gas closed down more than 4% on news that the company had raised £2m in a share placing, snapped up by a single investor.
Residents near a proposed oil and gas exploration site in Surrey are calling for an extension to the public consultation period on the scheme.
“I love it because it is not oil”, the head of Angus Energy said of his new gas asset in Lincolnshire.
UK Oil & Gas plc has announced the start of drilling at its Horse Hill site near Gatwick Airport.
Unexpected changes to drilling at the Horse Hill oil site near Gatwick have surprised residents and raised concerns about planning consent.
UK Oil & Gas has confirmed it will submit a second planning application for its proposed exploration site at Dunsfold, south of Guildford.
Angus Energy to seek permission for 2-year well test at Balcombe – resident says it is running away from problems
Angus Energy announced this afternoon it was seeking permission for a 24-month extended production test at its Balcombe oil exploration well in West Sussex.