UK Shale Regulation Fails To Ensure Public Safety, Report Claims
21st Jul 2014 13:58
LONDON (Alliance News) - Egdon Resources Tuesday said it has obtained consent from the UK Department of Energy and Climate Change for the transfer of shale gas exploration licences from Alkane Energy PLC. Egdon did a deal in May to buy interests in 10 UK shale exploration and development li Read More
LONDON (Alliance News) - Egdon Resources PLC said Thursday it is still awaiting consent from the Department of Energy and Climate Change for the transfer of licences from Alkane Energy PLC. Egdon Resources said it now expects this consent - which will see the transfer of Alkane's rights ove Read More
LONDON (Alliance News) - The UK government will introduce a bill which should further promote the development of fracking in the country by reducing trespass laws against shale oil and gas companies wanting to drill under peoples homes, confirmed the Queen in her annual speech on Wednesday. <p Read More
LONDON (Alliance News) - Egdon Resources PLC said Tuesday that it had raised GBP606,709 through an over subscribed open offer, to help fund its acquisition of the onshore shale gas business and assets of Alkane Energy PLC. Egdon announced the acquisition in May and at that time said it plan Read More
LONDON (Alliance News) - UK shares have opened slightly higher Monday on a good manufacturing PMI reading from China at the weekend and ahead of Thursday's European Central Bank meeting.<br /><br />Goldman Sachs likes the shares of UK estate agents, raising <strong>Countrywide</strong> to Buy Read More
LONDON (Alliance News) - Union Jack Oil PLC Monday said that an independent technical report carried out on its PEDL201 licence in the UK Midlands has confirmed significant shale oil and gas potential at the Widmerpool Gulf region of the site. The UK-focused oil and gas exploration and deve Read More
LONDON (Alliance News) - Union Jack Oil PLC and Europa Oil & Gas PLC Thursday said that Egdon Resources PLC has informed them that drilling on the Wressle-1 conventional exploration well on the PEDL 180 Licence in Lincolnshire is expected to start in July. Europa Oil said that the Wressle-1 Read More
LONDON (Alliance News) - The British Geological Survey and the UK Department of Energy and Climate Change on Friday provided a central estimate of 4.4 billion barrels of shale oil in the Weald Basin in the south-east of England, as the UK government has launched a process to simplify land access Read More
LONDON (Alliance News) - <strong>AstraZeneca</strong> Tuesday again rejected Pfizer's "opportunistic" GBP63 million takeover approach, as UK politicians grilled executives of both companies about the potential deal and what it will mean for the UK's pharmaceutical industry.<br /><br />Cruciall Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.<br />-------<br />F<strong>TSE 100 - WINNERS</strong><br />-------<br /><strong>Barratt Developments</strong>, up 3.1%, and Persimmon, up 2.1%. The housebuilders have Read More
LONDON (Alliance News) - Egdon Resources PLC Tuesday confirmed a placing and open offer to raise up to GBP7 million and entered a sale and purchase deal with Alkane Energy PLC regarding the previously announced transaction of Alkane's shale assets for Egdon shares. Egdon, a UK-focused oil a Read More
LONDON (Alliance News) - Egdon Resources PLC and Alkane Energy PLC said Monday that they are in advanced discussions regarding a potential transaction of Alkane's shale assets for Egdon shares. Accompanying the proposed transaction, Egdon has proposed a GBP7 million fundraising for working Read More
LONDON (Alliance News) - Egdon Resources PLC Friday said it swung to profit in the first half, as it unveiled a resource estimate upgrade for its northern England licences. The exploration and production company, with a primary focus on the hydrocarbon-producing basins of the onshore UK, po Read More
LONDON (Alliance News) - UK shares have opened lower Friday on heightened concerns about the standoff in Ukraine.<br /><br /><strong>William Hill</strong> said it will close 109 gaming shops in response to the UK government's hike to machine gaming duty, putting 420 employees at risk. William Read More
LONDON (Alliance News) - UK ministers are hoping to give energy companies the right to run shale gas pipelines under private land without being affected by trespass laws, according to the BBC on Tuesday. The BBC said Whitehall sources have confirmed that the planned move will be included in Read More
LONDON (Alliance News) - UK ministers are hoping to give energy companies the right to run shale gas pipelines under private land without being affected by trespass laws, according to the BBC on Tuesday. The BBC said Whitehall sources have confirmed that the planned move will be included in Read More
LONDON (Alliance News) - IGas Energy PLC Monday said it has found positive results from exploration on the Irlam-1 well at Barton Moss near Manchester, and it has completed a 3D seismic survey on its PEDL 139/140 Licence. The UK-focused oil and gas exploration and development company said t Read More
LONDON (Alliance News) - UK Onshore Gas Ltd is planning a listing on the London Stock Exchange's AIM market in the next three months to help finance its ongoing exploration programme in Wales, according to The Times Friday. The shale gas explorer, which plans to start drill testing in June, Read More