May 2024 headlines
Keep up to date with May 2024’s news with our digest of daily updated headlines about the business, regulation and campaigns around UK fracking, shale, and onshore oil and gas.
UKOG gets help to farmout Loxley drilling project
UK Oil & Gas (UKOG) has appointed a company to help farmout up to half its interest in the Loxley gas project in Surrey.
Horse Hill production fall hits UKOG revenue
Falling production at the Horse Hill well in Surrey cut revenue for UK Oil & Gas plc last year.
Loxley drilling deadline extended again
The deadline to start drilling a gas exploration well in Surrey has been extended again.
Updated: UKOG pushes ahead with share plan to raise money for Loxley gas site
UK Oil & Gas has revived a bid to reorganise its share capital, needed to raise money for future projects, including a gas site in Surrey.
Updated: UKOG abandons Turkish well test and announces new fundraising plans for Loxley
UKOG shares dropped more than a third today on news that the company had abandoned testing the Pinarova-1 well in Turkey. The company said it was “disappointed” that the well had not met its expectations.
Norwegian campaigners secure historic win on key issue at centre of Horse Hill landmark legal challenge
The arguments at the centre of a landmark legal challenge to UK onshore oil production have secured a separate historic court win against the Norwegian government.
Breaking: Court of appeal refuses further Dunsfold challenge
Opponents of gas exploration near the Surrey village of Dunsfold have been refused permission for a further appeal.
Oil company accused of “clutching at tea leaves” to avoid restoring Broadford Bridge site
A company that wants to delay restoration of an oil well to explore using geothermal heat for tea growing has been accused of “clutching at tea leaves”.
Time for tea? Could mothballed West Sussex oil well provide heat for tea production?
A suspended oil site in West Sussex, where no work has been carried out for nearly six years, could supply geothermal heat for farming, including tea production, according to new plans.
DRILL OR DROP? 