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Good news for Leith Hill.
https://www.getsurrey.co.uk/news/surrey-news/no-drilling-oil-leith-hill-15108525
damn, us brexiters were counting on that oil...
damn, us brexiters were counting on that oil…
It's only a matter of time. There's all sorts under the Surrey Hills - oil, shale gas, coal probably. It's the West Virginia of the Home Counties. Yee hah!
Latest from J.R. himself:
"Various work streams are underway across our asset base to advance all our licences and in the process expose our shareholders to high impact drilling activity. With this in mind, I look forward to providing further updates on our progress."
Sounds like a bad time to be a shareholder. Unless they strike oil during your high impact drilling.
Only a matter of time. The government will need money during Brexit so say hello to onshore drilling and fracking...
british oil and gas for British people please, non of that foreign muck thank you
I suspect that there'll be drilling elsewhere in the vicinity within the next 5 years. When Sterling devalues in March 30th 2019 then there'll be a change to UK energy interests that make onshore oil and gas exploration and extraction quite likely.
Someone believed the "fracking" spin from the fracking protestors that were dropped in 😀
Not that I agreed with digging up Leith for oil (even turned up to one of the protests on the hill). Though the real locals had a campaign going which was concerned about the real issues about potential affects on water supply and traffic and trucks up the sunken lane. They were more involved with the political and legal side of campaigning, and maybe they got more done than a bunch of hippies camping out banging on about fracking. Still, the latter gets the publicity so does help.
Reality is more likely just down to money, market and cost of extraction. Bearing in mind this was a test site to see if it was worth drilling.