Union Jack takeover update
New directors of Union Jack Oil will give their views next week on the proposed takeover by Reabold Resources, according to a statement to investors.
New directors of Union Jack Oil will give their views next week on the proposed takeover by Reabold Resources, according to a statement to investors.
A statement by Cuadrilla about the controversial Balcombe oil site in West Sussex apparently conflicts with information from officials and the company’s own partner.
A partner in the mothballed Waddock Cross oil site in Dorset gave details to shareholders this week of a proposed new well.
UK Oil & Gas plc announced this morning it has submitted a revised planning application for its Horse Hill site , near Redhill, in Surrey.
Detailed plans linked to long-term oil production and further drilling at Horse Hill in Surrey were withdrawn today by the site operator, officials confirmed.
DrillOrDrop reports on the latest news on UK planning and permitting applications for onshore oil and gas.
Angus Energy says its talks with its lender, Trafigura, are continuing over a proposed reverse takeover of US production assets and the revision of the loan repayment schedule.
The UK’s biggest onshore gas producer has reported an annual loss of more than £4m, down more than 100% on the profit in the year before.
The UK’s most controversial shale gas site has failed to meet the deadline to plug two fracked wells – putting it in breach of planning consent.
Arrangements are underway for a new appeal over oil drilling and production by Egdon Resources at Biscathorpe in Lincolnshire.