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.
Alba cuts value of Horse Hill stake by a quarter
Alba Minerals has downgraded the value of its investment in the Horse Hill oil field in Surrey by more than £1.43m.
Saltfleetby loan signed
Funding for work at the Saltfleetby gas field in Lincolnshire has been agreed, it was announced this morning.
Union Jack raises stake in Biscathorpe
Union Jack Oil is spending £1m to become the largest investor in the Biscathorpe oil licence in Lincolnshire.
Doriemus to pull out of Brockham oil licence
Doriemus is to sell its interest in the Brockham oil licence in Surrey to the operator, Angus Energy.
Union Jack Oil adds to stake in Lincolnshire oil exploration
Union Jack Oil announced this morning it had increased its interest in the Biscathorpe oil site in Lincolnshire.
Union Jack becomes biggest player in Wressle oil field
Union Jack Oil plc is to pay £500,000 to become the largest single investor in the Wressle oil field in North Lincolnshire.
Europa cuts costs to fund Wressle oil production
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.
Australian mining group takes control of fracking firm Cuadrilla
An Australian mining group has almost doubled its stake in the UK shale gas company, Cuadrilla Resources.
UKOG to increase share of Horse Hill oil licences
UK Oil & Gas plc reported today that it intended to increase its stake in the Horse Hill exploration licences in Surrey.
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