Union Jack warning on UK onshore oil and gas assets
An investor in the Wressle and West Newton fields warned today that government policy has made its UK business “increasingly difficult to progress”.
Wressle production fall cuts revenue for Europa
Europa Oil & Gas plc saw a near halving of oil production at its onshore sites, according to the latest annual report.
Cuadrilla cuts value of oil and gas assets
The only company to frack horizontal shale gas wells onshore in the UK has cut the value of its exploration assets.
Profits down at Star Energy and Union Jack
Star Energy and Union Jack Oil have reported falling profits in interim accounts published this week.
Cuadrilla back in the red, value of shale gas assets to be cut
Cuadrilla’s Australian owner is to cut the value of UK shale gas exploration assets, following the reinstatement of the moratorium on fracking in England last year.
The falling value of the Gatwick Gusher
The Gatwick Gusher oil well, once said to be of national significance, has been downgraded in value for the third time by its owner.
Wressle boosts Egdon production
Egdon Resources increased oil production by 27% in the second half of 2022, thanks to the Wressle field in North Lincolnshire.
IGas cuts value of shale assets and opts not to sue government over fracking moratorium
One of the UK’s leading would-be fracking companies appears to be turning away from shale gas.
Report estimates potential value of UKOG’s Surrey gasfield
The gasfield near the Surrey village of Dunsfold could generate up to £124m for the operator, UK Oil & Gas plc, according to a report released today.
Closing arguments at Loxley/Dunsfold gas inquiry – who said what?
The public inquiry into plans to explore for gas in Surrey closed this morning with final arguments.
DRILL OR DROP? 