Union Jack Oil announced this morning it had increased its interest in the Biscathorpe oil site in Lincolnshire.
The amount of carbon that would be emitted during any future oil production at West Newton in East Yorkshire would be smaller than the UK onshore average, according to the conclusions of a study announced today.
The exploration and production company, Union Jack Oil, is planning to withdraw from three licences in 2020 because of falls in their value.
The oil and gas company, Rathlin Energy, has confirmed that it has started work at its second site in East Yorkshire.
An oil formation in Lincolnshire, missed by a well drilled last year, could be reached by a new sidetrack, a group of companies said today.
Events in March 2020 and beyond about UK fracking, onshore oil and gas and campaigning
2019 saw a Conservative government withdraw its support from fracking and introduce a moratorium on the process.
Statements made by partners in the oil and gas well at West Newton in East Yorkshire have prompted opponents to question future plans for the site.
Union Jack Oil plc has raised £5m to press ahead with drilling plans at West Newton in East Yorkshire, the company announced this morning.
The exploration site at West Newton, north of Hull, has more oil than previously estimated, investors in the site said today.