Angus Energy shares rise on Saltfleetby gas processing
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.
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.
The oil and gas company, Angus Energy plc, is considering a potential sale as part of a strategic review of its options.
The operator of the Wressle oil site in North Lincolnshire said well testing would be completed early next year.
Angus Energy has delayed drilling a sidetrack well at the Saltfleetby gas field in Lincolnshire until spring next year.