West Newton: New drilling and testing plans plus £4.7m fundraising
Another well at Rathlin Energy’s West Newton-B site is due to be drilled in the second half of 2021, according to an update to shareholders today.
West Newton B drilling “exceeds expectations with substantial hydrocarbon accumulation”
Drilling results from Rathlin Energy’s West Newton B site in East Yorkshire indicate a “substantial hydrocarbon accumulation”, partners said this morning.
Union Jack £1m loan for Wressle oil site – workover rig expected in New Year
Union Jack Oil announced this morning it is to lend £1m to Egdon Resources, the operator of the Wressle oil site in north Lincolnshire.
West Newton target shows “insufficient reservoir development” – sidetrack drilling begins
One of the targets of the West Newton-B exploration site in East Yorkshire contained “insufficient reservoir development”, partners in the project announced this morning.
Egdon plans for drilling and oil production at Biscathorpe
Egdon Resources has announced plans for a new well and oil production at its site at Biscathorpe in Lincolnshire.
Union Jack raises £7m
Union Jack Oil has raised £7m for work at oil sites in the East Midlands and future acquisitions.
Losses widen at Union Jack Oil
Losses in Union Jack Oil more than doubled in the first half of 2020, compared with the same period last year.
West Newton B: Drilling due in “next few weeks”
Drilling at Rathlin Energy’s West Newton B site in East Yorkshire is due to start in “the next few weeks”, one of the leading investors said this morning.
Campaigners commit to 24/7 monitoring of West Newton exploration site
Opponents of oil and gas exploration at West Newton in East Yorkshire have set up another camp to monitor operations in the area.
Union Jack Oil adds to stake in Lincolnshire oil exploration
Union Jack Oil announced this morning it had increased its interest in the Biscathorpe oil site in Lincolnshire.
DRILL OR DROP? 