Profits down at Star Energy and Union Jack
Star Energy and Union Jack Oil have reported falling profits in interim accounts published this week.
Star Energy and Union Jack Oil have reported falling profits in interim accounts published this week.
Oil production from the Wressle field in north Lincolnshire helped boost annual revenue by 349% for Union Jack, the company said today.
A horizontal gas well at an East Yorkshire site is due to be drilled this autumn, the operator said today.
A former champion boxer has backed a group seeking to take control of the company that owns more than half of Rathlin Energy’s onshore oil and gas operations.
15 wells would be drilled in a decade in a rural part of East Yorkshire, according to a plan by Rathlin Energy for its West Newton gasfield in East Yorkshire.
Any commercial gas production at West Newton in East Yorkshire is about four years away, companies behind the plans revealed this morning.
One of the investors in the Wressle oil field in North Lincolnshire is lending £1m to another.
Union Jack Oil has revealed plans for two new wells next year, as it reported its first profit.
Graham Stuart, the MP representing the area of East Yorkshire around Rathlin Energy’s West Newton oil site, is the new climate minister.
The first of eight new horizontal wells to exploit the West Newton gasfield in East Yorkshire could be drilled within months, it was revealed today.