Union Jack Oil is spending £1m to become the largest investor in the Biscathorpe oil licence in Lincolnshire.
Doriemus is to sell its interest in the Brockham oil licence in Surrey to the operator, Angus Energy.
Union Jack Oil announced this morning it had increased its interest in the Biscathorpe oil site in Lincolnshire.
Union Jack Oil plc is to pay £500,000 to become the largest single investor in the Wressle oil field in North Lincolnshire.
Europa Oil & Gas, one of the main investors in oil production plans at Wressle, announced today it had cut salaries and cancelled non-core contracts because of the coronavirus outbreak and oil price falls.
An Australian mining group has almost doubled its stake in the UK shale gas company, Cuadrilla Resources.
UK Oil & Gas plc reported today that it intended to increase its stake in the Horse Hill exploration licences in Surrey.
The anti-fracking network, Reclaim the Power, is focusing its opposition next week on companies that finance shale gas exploration.
HSBC bank has increased its stake in IGas, which is currently drilling for shale gas at Tinker Lane in Nottinghamshire.
The exploration company, Rathlin Energy, owed nearly £34m, according to annual accounts published yesterday (7 November 2018).