UK Oil & Gas plc will have its application for a gas appraisal project in Loxley near the village of Dunsfold redetermined in November by Surrey County Council. ACCUMULATION The local authority refused permission at an earlier hearing against its officers’ recommended approval. Technical issues resulted in a rerun and the application will be now […]
Oil & Gas
Rathlin continues plan for new wells at West Newton
Rathlin Energy (UK) Ltd said its proposals were moving forward for up to four new oil wells which would extend its hydrocarbon operations in West Newton, East Riding. The exploration and production company holds a 66 2/3% interest in PEDL 183 covering approximately 176,000 acres, with Union Jack Oil and Reabold Resources also holding interests. […]
Europa losses widen as it offloads licences
Europa Oil & Gas (Holdings) announced a pre-tax loss of £5.4 million compared with £0.7m in 2019 including write-offs taken following the company’s relinquishment of its Irish licences. In its final results for the 12 months ended 31 July 2020, the hydrocarbon company with interests in the UK, Ireland and Morocco also announced pre-tax loss […]
Union Jack increases North Kelsey stake to 50%
Union Jack Oil plc has acquired a further 30% from Egdon Resources plc of the North Kelsey prospect PEDL241 in Lincolnshire. TERMS The onshore hydrocarbon exploration and development company paid a cash consideration of £100,000 and has now aligned its 50% interest with operator Egdon. Previous financial farm-in obligations in respect of the 20% interest […]
Geoscience to be promoted as UK faces skills shortage
The UK faces an industry skills shortage as the number of students studying geology at university has fallen by 43% since 2014. The Geological Society and has decided on five aims for a strategy of action following a summit in June to discuss reasons for the decline with 50 geoscience educators, academics, industry representatives, and […]
Angus starts extension work on Saltfleetby gas pipeline
Angus Energy plc has started work on extending its gas pipeline by 750 metres at Saltfleetby near Mablethorpe on the Lincolnshire coast. The news comes after the onshore hydrocarbon exploration company agreed all planning conditions with Lincolnshire County Council. Angus has instructed sub-contractors to commence drilling and trenching works on the extension for pipeline to […]