Indigenous energy for a more secure UK
energy B plc is a publicly traded UK energy company quoted on the Aquis Growth Market (AQSE: NRGB).
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The UK still depends on oil and gas every day, from heating homes to fuelling transport and industry. We believe it's better to produce more of that energy responsibly at home than to import it, with all the cost and additional carbon emissions that it brings.
Our strategy is to build a portfolio of onshore UK oil and gas projects that put indigenous energy first, starting with the Gatwick energy site as our springboard into the Weald Basin and beyond.
— Neil Ritson, Chief Executive Officer
The well recorded some of the highest flow rates of any onshore well drilled in the UK, and the field has produced over 200,000 barrels of high‑quality sweet crude to date.
HH1 produces from relatively shallow onshore reservoirs, including the Portland sandstone and Kimmeridge limestones, at depths of less than 1,500 metres. These shallow, onshore zones are typically far lower-cost and much quicker to bring into production than offshore developments. Only a limited portion of the Kimmeridge interval was tested during the original programme, leaving meaningful further potential to be assessed as part of future work.
produced to date
energy B's interest on completion
combined peak flow rate in 2016 testing
gross 2C contingent resource (31 Dec 2024)
Our patented wind turbine technology was developed under our previous name, Hydrogen Future Industries plc.
Designed for efficient power generation, the turbine aims to produce more energy than conventional open-rotor designs, without the need for a gearbox or generator. It can operate across a broad range of wind speeds and be raised or lowered for servicing at ground level.
The technology remains part of energy B’s asset base and reflects the Company’s continuing link to energy innovation.
We are always ready to help you and answer your questions.
Registered office: 6 Heddon Street, London, W1B 4BT
energy B plc is incorporated in England and Wales with registration number 13508782. Our main country of operation is the UK.
info@energy-b.com
