South Downs oil field to restart production
Oil extraction is to resume at the Avington field in the South Downs National Park after a break of more than five years.
Oil extraction is to resume at the Avington field in the South Downs National Park after a break of more than five years.
UK Oil & Gas has announced it has secured a £3m loan to fund operations over the next 12 months.
UK Oil & Gas plc reported an operating loss of £1.32m for the six months to the end of March 2023, slightly larger than the year before.
A drilling project in the chancellor Jeremy Hunt’s constituency will be challenged at the High Court tomorrow (Thursday 8 June).
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A consultation is underway into detailed plans for a gas site in Surrey, even though the scheme is being challenged in court next month.
The Gatwick Gusher oil well, once said to be of national significance, has been downgraded in value for the third time by its owner.
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UK Oil & Gas has announced plans to farmout work at its oil production site at Horse Hill in Surrey.
Oil production at the IGas field at Horndean in Hampshire is expected to rise this year following the introduction of new pumps, one of the partners has said.