19 September 2018
Third Energy Reaches Agreement for the acquistion of its offshore business by Hague and London Oil PLC
Following a strategic review of the business, a decision was taken to divest the offshore business and focus on the onshore conventional and unconventional opportunities. As such, an agreement has been reached with Hague and London Oil (HALO) to acquire the offshore business, Third Energy Offshore Limited.
Further information can be found here
12th October 2017
Kirby Misperton to Benefit from new Community Fund
Community groups and charities in the area of Kirby Misperton will soon be able to apply for grants from a new £100,000 fund. Third Energy has signed an agreement with the Two Ridings Community Foundation to be the independent managers of the community fund linked to the hydraulic fracturing operations in Kirby Misperton. This Fund has been set up under the United Kingdom Onshore Oil & Gas (UKOOG) community engagement charter to help support community benefit schemes.
10th October 2017
Third Energy Receives Approval from Environment Agency of Hydraulic Fracture Plan
Third Energy welcomes approval of its Hydraulic Fracture Plan (HFP) for the KM8 well by the Environment Agency.
Commenting on the approval Third Energy’s chief executive, Rasik Valand, said:
“We are very pleased to have achieved another significant regulatory milestone towards hydraulic fracturing of our KM8 well following a thorough review of all the technical issues and protections. We will now be in a position to prepare and submit a formal application to the Secretary of State for Hydraulic Fracturing Consent (HFC).
“The Hydraulic Fracture Plan is a technical document that sets out how the company will meet a range of specific regulatory protections around hydraulic fracturing. These measures are in addition to the established regulatory environment which covers all onshore oil and gas development.”
The additional measures include setting out how the Government’s Traffic Light System will be used to ensure that, in the unlikely event that the fracturing were to trigger any small, induced seismic event, the risk of impacts at surface will be minimised and controlled. It also covers how the deep sub-surface fractures will be measured to demonstrate that they are within the Environment Agency permit boundary. This will provide assurance that no pathways have been created to allow the frac fluid to reach any groundwater above the frac zones.
The approved plan can be found here.
Note to Editors:
Before issuing a Hydraulic Fracturing Consent the Secretary of State must be satisfied that a range of conditions has been met: Infrastructure Act 2015; Ministerial Statement by Edward Davey 2012: Exploration for shale gas
4th September 2017
Third Energy appoints new Non-Executive directors
Third Energy is pleased to announce that Keith Cochrane CBE has been appointed Non-Executive Chairman of Third Energy Onshore Ltd and Jitesh Gadhia is being appointed as Senior Independent Director.
3rd July 2017
Third Energy Submits Hydraulic Fracture Plan for KM8
Third Energy has submitted its Hydraulic Fracture Plan (HFP) to the Oil and Gas Authority (OGA) and the Environment Agency. As part of the regulatory framework, onshore oil and gas operators must prepare and submit an HFP for approval by the OGA. The EA’s remit extends to the protection of all groundwater and made its approval of the HFP an Environmental Permit condition.
26th April 2017
Third Energy statement in response to the illegal action by protestors at Kirby Misperton
Third Energy condemns, in the highest possible terms, the actions of a small group of protestors who blockaded access to our KM-A site at Kirby Misperton, trapping a number of people on the site.
On Tuesday 25th April, staff from Third Energy, along with contractors working for Third Energy, went onto our site to conduct routine monitoring and testing equipment as part of our regulatory compliance programme. Our staff and contractors undertake such activities on all our sites regularly and have done so for over twenty years. Monitoring and testing is a very important part of ensuring the safety and integrity of our wells.
During the early afternoon, our people became aware that protestors were gathering at the access point to the site, and discovered that they had locked the gates, using chains and padlocks in addition to using their cars to block the site entrance. A number of people were effectively imprisoned by this action for over seven hours in extremely cold conditions and with no access to food.
The protestors, who shouted insults and abuse, deigned to allow our staff and contractors off site at 9:30pm in the evening, “slow walking” them through Kirby Misperton, causing additional distress and disruption to both local residents and our people. All of this action was gleefully captured by the protestors for social media and their identities are clearly apparent through the postings.
Rasik Valand, Chief Executive of Third Energy, said: “This illegal action is calculated to cause distress to our staff, and our contractors, who are only trying to go about their daily, legitimate work, and will continue to do so. In fact, they were conducting activities required by regulatory bodies, one of the key aspects of additional protection that public and protestors have wanted. Third Energy respects people’s right to lawful protest, but this is not lawful and prevents people from going about their legitimate work, indeed imprisoning them on site. We call on the police and authorities to take the strongest possible action to ensure this sort of mob rule by a minority, which we have seen in other parts of the country, doesn’t come to Ryedale.”
Third Energy has been producing gas and energy in Ryedale in a safe, discreet and environmentally sensitive way for more than two decades, and the first well was drilled at the KMA site in 1985. We work closely with local residents, local businesses, local councils and the regulators. We look forward to being able to develop our operations in the future in the same safe, discreet and environmentally sensitive way.