United Oil & Gas raises funds to accelerate hydrogen projects, shares drop
7th Oct 2025 10:00
(Sharecast News) - The share price of UK Oil & Gas dropped on Tuesday morning after the company announced it further funding for hydrogen projects by its wholly owned subsidiary UK Energy Storage (UKEn).
Read moreUK Oil & Gas raises £3m in share placing
2nd Oct 2025 07:38
(Sharecast News) - UK Oil & Gas has raised £3m to help further support its transition away from fossil fuels, the energy developer confirmed on Thursday.
Read moreUK Oil & Gas delays results, temporarily suspends trading on AIM
28th Mar 2025 13:19
(Sharecast News) - UK Oil & Gas said on Friday that trading on AIM would be temporarily suspended as it announced a delay to the publication of its annual results.
Read moreUK Oil & Gas reports increase in production at Horndean
10th Feb 2025 14:52
(Sharecast News) - UK Oil & Gas reported a significant increase in production at the Horndean oil field on Monday, following a successful workover campaign in late 2024.
Read moreUK Oil & Gas strikes lease deal for Dorset hydrogen storage site
21st Aug 2024 12:46
(Sharecast News) - UK Oil & Gas announced the execution of a heads of terms agreement for a 60-year lease on land and subsurface mineral rights on Wednesday, for a second underground hydrogen storage facility in south Dorset.
Read moreUK Oil & Gas raises £1m in discounted placing to fund hydrogen storage projects
5th Aug 2024 09:25
(Sharecast News) - UK Oil & Gas tumbled on Monday after it conditionally raised gross proceeds of £1m in a discounted share placing to fund hydrogen storage projects.
Read moreUK Oil & Gas raises £0.75m for hydrogen storage project
12th Jan 2024 12:05
(Sharecast News) - UK Oil & Gas has secured £0.75m in placing proceeds, it announced on Friday, to help fund its potential hydrogen storage project in Portland, Dorset.
Read moreUK Oil & Gas gets explosives permits for Pinarova well
15th Dec 2023 11:36
(Sharecast News) - UK Oil & Gas has obtained all the necessary explosives permits to deploy new seven-inch perforating guns, it announced on Friday, designed to penetrate the nine-and-five-eighths-inch casing of the Pinarova well fully.
Read moreUK Oil gets £0.68m payment from Horse Hill Developments
8th Dec 2023 16:25
(Sharecast News) - UK Oil & Gas reported a positive financial development related to the Horse Hill oil field on Friday.
Read moreUK Oil & Gas says testing to resume at Pinarova-1
13th Oct 2023 14:59
(Sharecast News) - UK Oil & Gas updated the market on testing operations at the Pinarova-1 well on Friday, with testing set to resume in around four weeks.
Read moreUK Oil & Gas announces £3m committed funding facility
28th Jun 2023 13:27
(Sharecast News) - UK Oil & Gas announced a £3m committed funding facility through a loan agreement with RiverFort Global Opportunities PCC and YA II PN on Wednesday.
Read moreUK Oil & Gas finds oil shows at Pinarova-1
21st Apr 2023 11:38
(Sharecast News) - UK Oil & Gas announced on Friday that its Pinarova-1 well had encountered oil shows within the target Eocene Hoya limestone sequence.
Read moreUK Oil & Gas starts drilling at Pinarova-1
11th Apr 2023 14:41
(Sharecast News) - UK Oil & Gas said on Tuesday that drilling operations at Pinarova-1 began on 7 April.
Read moreUK Oil & Gas joint venture secures rig for Pinarova
1st Mar 2023 14:20
(Sharecast News) - UK Oil & Gas announced on Wednesday that the Resan joint venture, in which it has a 50% non-operated interest, had secured a suitable small rig to drill the Pinarova-1 shallow oil exploration well, with site construction expected to start within the next seven-to-10 days.
Read moreUK Oil & Gas drills holes for Horse Hill reinjection
27th Feb 2023 14:23
(Sharecast News) - UK Oil & Gas announced on Monday that, as a "necessary precursor" to its planned Horse Hill-2z Portland formation water reinjection project, it had installed three shallow groundwater monitoring boreholes at its 85.635%-owned producing oil field.
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