Company updates: Angus, Union Jack and Reabold
DrillOrDrop’s round-up of announcements from three companies with UK onshore oil and gas interests: investor raises stake, director resigns and refinancing continues.
Council calls for urgent government ban on fracking
A Conservative-led council has urged the UK government to deliver its promise to ban fracking.
Challenge to West Newton fracking consent heads for court
Legal papers have been submitted to the High Court in a legal challenge against plans for lower-volume fracking at an oil and gas site in East Yorkshire.
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”.
Rathlin Energy founder quits
The founder and director of a company behind new plans to use UK onshore gas for bitcoin mining, has resigned.
Call for councillors to reject North Yorkshire fracking plans
Two campaign groups have urged councillors to block fracking plans later this week for the village of Burniston in North Yorkshire.
Lower-volume fracking could trigger earthquakes – expert report
A leading geologist has warned that plans for lower-volume fracking in northern England could cause earthquakes as large and unpredictable as high volume operations.
Campaigner begins legal action against West Newton fracturing
An environmental campaigner has taken the first steps in a legal challenge to the approval of lower-volume fracking in East Yorkshire.
Reabold seeks to raise £1.1m
The major backer of oil and gas production in East Yorkshire has announced a share placing to raise £1.1m.
Council unanimously opposes West Newton fracking
East Yorkshire this afternoon unanimously opposed fracking in the county.
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