United Kingdom Onshore Oil and Gas (UKOOG) today marked the second anniversary of the moratorium on hydraulic fracturing, or fracking, by calling on the Government to allow UK shale gas. CARBON FOOTPRINT The organisation’s chairman Martin York said that the industry could provide employment, reduce the country’s carbon footprint and level up the British economy. […]
Month: November 2024
Block issues share options to directors and PDMRs
Block Energy plc said it had issued nil-cost options over a total of 1,767,513 ordinary shares of 0.25p each to directors/PDMRs and employees as part of cash conservation measures. CASH CONSERVATION The options were issued on 1 November in lieu of cash payment for 40% of salaries and up to 50% of directors’ fees for […]
Neptune in first EDF advanced drone emissions study
Neptune Energy has completed a first-of-its-kind collaboration with Environmental Defense Fund (EDF) using advanced drone technologies to measure methane emissions from a working UK offshore platform. OBJECTIVE The operation assessed advanced methods for identifying, quantifying and reducing offshore methane emissions from the Neptune-operated Cygnus gas production facility in the UK Southern North Sea. Results of […]
Cononish production steady as planning begins for 2022
Scotgold Resources Ltd said it had maintained the rate of gold production at the Cononish gold-silver mine in Tyndrum, Scotland. OPERATIONS The company has also completed the first ball mill reline and started preparing plans for 2022 PRODUCTION “Around 64 tonnes of concentrate were produced during October,” said the company in a statement. “The concentrate […]
Scotgold chairman Nathaniel Le Roux steps down
Scotgold Resources Ltd announced that Nathaniel (Nat) Le Roux is stepping down from his position as non-executive chairman. Mr Le Roux had held the post since March 2015 when he recapitalised Scotgold and will remain on the board as a NED and major shareholder of the company. Non-executive director (NED) Peter Heatherington has been appointed […]
Egdon plans rejected for side-track at Biscathorpe
Egdon Resources plc has been refused planning permission for a side-track drilling operation, associated testing and long-term oil production at the Biscathorpe site (PEDL253) in Lincolnshire. OPTIONS The county council’s planning committee rejection is against the council’s planning officers recommendation to approve the operator’s plans. The project’s joint venture partner Union Jack Oil plc (45%) […]