Two shareholders in Angus Energy have called a general meeting in a bid to remove the managing director, Paul Vonk, from the board.
Angus Energy announced this morning it had begun its testing programme on a controversial oil well at Brockham in Surrey. But local people have been asking questions about whether the company has met all the conditions of its environmental permit.
The shale gas company, IGas, confirmed this evening that its Tinker Lane well near Blyth in north Nottinghamshire had failed to discover the primary target, the Bowland shale formation.
IGas has confirmed that it has delivered most of the drilling equipment to its Tinker Lane shale gas site in north Nottinghamshire.
The leading company behind exploration at the Horse Hill oil site near Gatwick said total production from the flow test so far had reached nearly 14,000 barrels.
The Health and Safety Executive has issued two improvement notices to IGas after an unintended escape of water at an injection well in Hampshire.
The Horse Hill oil site in Surrey looks increasingly likely to be one of the UK’s leading onshore producing fields, its leading investor said this afternoon.