UK 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.

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UK 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.

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UK 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.

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UK 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.

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UK 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.

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UK 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.

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UK 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.

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UK 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.

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UK 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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High Court upholds UK Oil & Gas planning consent for Loxley

14th Oct 2022 13:11

(Sharecast News) - UK Oil & Gas announced on Friday that the High Court had rejected legal challenges by Protect Dunsfold and Waverley Borough Council against the decision to grant planning permission for Loxley - a conventional gas and hydrogen feedstock project in Surrey.

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UKOG completes second phase seismic programme in Turkey

16th Sep 2022 08:00

(Sharecast News) - UK Oil & Gas announced on Friday that the acquisition of the second-phase seismic programme over its Turkey Resan licence, where it has a 50% interest, was now successfully complete, with the field crew demobilised.

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UK Oil & Gas raises £3m, appoints new CFO

12th Sep 2022 16:36

(Sharecast News) - UK Oil & Gas announced on Monday that it has raised £3m for general working capital, as well as the appointment of a new chief financial officer.

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UK Oil & Gas signs agreement to lease for Dorset gas storage

30th May 2022 13:15

(Sharecast News) - UK Oil & Gas announced on Monday that its wholly-owned subsidiary UK Energy Storage (UKEn) has signed an agreement to lease with Portland Port, covering two sites at the former Royal Navy port in Dorset.

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UKOG gets two-year planning extension to Broadford Bridge discovery

20th May 2022 13:30

(Sharecast News) - UK Oil & Gas announced on Friday that the West Sussex County Council has approved, by a 7-2 majority vote, a two-year planning extension to its Broadford Bridge-1z (BB-1z) Kimmeridge oil discovery.

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UKOG gets consent to recomplete Horse Hill-2z well

16th May 2022 13:36

(Sharecast News) - UK Oil & Gas announced on Monday that, following the Environment Agency's Horse Hill production consent on 4 May, the North Sea Transition Authority - formerly the Oil and Gas Authority - has now granted its formal consent for the recompletion of Horse Hill-2z into a water reinjection well.

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