Angus Energy reported today it has raised £7.1m in a share placing and subscription.
English councils have begun voting against shale gas development in their areas, in response to the new government polity that fracking needs local support to go ahead.
Drilling of a delayed sidetrack at the Saltfleetby gasfield in Lincolnshire will begin next month, the site operator, Angus Energy, has said.
Shares in Angus Energy rose 28% today on news that the company had begun processing wellhead gas from its B2 well at Saltfleetby in Lincolnshire.
The British Geological Survey (BGS) has submitted its scientific review of shale gas extraction to the UK government.
The Horse Hill oil site in Surrey has been granted permission to pump waste water underground.
UK Oil & Gas (UKOG) has announced it will not appeal against the refusal of planning permission for exploration near the village of Arreton on the Isle of Wight.
A tree planting scheme on the site of a former oil site in the South Downs National Park has failed.
Predictions for a single gas well in East Yorkshire suggest initial production could exceed many entire fields in the North Sea.
Angus Energy said this morning it had received at least six “bona fide” approaches from parties interested in making an offer for the company or its interest in the Saltfleetby gas field.