Shrinking assets and cash – UKOG delayed accounts
The company behind the suspended oil site that is subject of a landmark Supreme Court ruling has reported declining assets and revenue.
The company behind the suspended oil site that is subject of a landmark Supreme Court ruling has reported declining assets and revenue.
UK Oil & Gas plc announced this morning it has submitted a revised planning application for its Horse Hill site , near Redhill, in Surrey.
Revenue and gas production at Angus Energy fell in 2025 compared with the year before.
The company behind the mothballed Horse Hill oil site in Surrey suspended share trading at 7.30am this morning because of delays to its annual report.
Angus Energy, the operator of oil and gas sites at Balcombe, Brockham and Saltfleetby, has announced its annual accounts will be delayed.
The operator of the Balcombe oil site in West Sussex has said it will submit a new planning application after permission lapsed last week.
An official report by UK Oil & Gas plc reveals why it gave up a licence to develop hydrocarbons in parts of Surrey and West Sussex.
The government said today there was no evidence of risk from lower volume fracking. This suggests, for the first time, that the government’s proposed ban on fracking will not include lower-volume processes, such as proppant squeeze.
A proposal for a new sidetrack production well at the Whisby oilfield in Lincolnshire is back with planners – three years after it was previously approved.
Long-awaited annual accounts for UK Oil & Gas plc show a £35m drop in the value of the company’s oil and gas assets.