UKOG sells subsidiary
UK Oil & Gas plc (UKOG) announced this morning that it had sold one of its subsidiary companies.
West Newton well stimulation scheduled
A well at West Newton in East Yorkshire could be fractured in the next four to nine months, according to a partner in the project.
Reabold Resources ups stake in Rathlin Energy
Reabold Resources has acquired a further 20.4% of shares in Rathlin Energy, the operator of two exploration sites in East Yorkshire.
Updated: UKOG abandons Turkish well test and announces new fundraising plans for Loxley
UKOG shares dropped more than a third today on news that the company had abandoned testing the Pinarova-1 well in Turkey. The company said it was “disappointed” that the well had not met its expectations.
Wressle oil earns Europa £5.3m – annual accounts
The Wressle oil field in North Lincolnshire earned Europa Oil & Gas £5.3m in the past year, the company reported this week.
“Wressle workover successful” – partner
The workover of the well at the UK’s newest producing onshore oilfield has been “successfully concluded”, one of the partners reported today.
Star Energy buys into Croatian geothermal business
Star Energy – formerly known as IGas – has taken a majority stake in the owner of a geothermal exploration licence in northern Croatia.
Cuadrilla pulls back from another licence
Cuadrilla Resources is to give up operation of one of its Yorkshire licences, under an agreement announced today.
Egdon looks at North Yorkshire gas prospect
The operator of the UK’s newest producing onshore oil site, is considering a gas prospect in North Yorkshire.
Egdon reports 530% increase in oil and gas revenues
The oil and gas operator, Egdon Resources, has reported increased revenues of more than 530% because of rising production and prices.
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