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Friday, 23 May 2014
Britain's potential new oil bonanza revealed: 4.4BILLION barrels found beneath The Weald in Sussex Hampshire and Kent - but will the Greens let us get at it?
Daily Mail
Official analysis by British Geological Survey reveals billions of barrels
Report was commissioned by Department for Energy and Climate Change
It estimates that there are 4.4billion barrels-worth of oil under Weald Basin
How much of it may be recoverable is not yet known - test drilling will tell
New discovery is a tenth of what has been extracted from North Sea
Report says it's unlikely there's any shale gas potential in the area
Discovery will have implications for politicians and Britain's energy market
New plans to allow energy firms to drill in exchange for £20,000 per well
Green MP Caroline Lucas says fracking on huge scale will be 'disastrous'
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