UK Oil & Gas gearing up for Loxley planning committee meeting re-run
16th Oct 2020 10:06
(Sharecast News) - UK Oil & Gas announced on Friday that, following Surrey County Council's August decision to redetermine its Loxley gas appraisal planning application, the council had now confirmed that the rerun was scheduled for 27 November.
Read moreUK Oil & Gas executes deal for Resan Licence in Turkey
14th Oct 2020 12:48
(Sharecast News) - UK Oil & Gas announced on Wednesday that it has executed the participation and joint operating agreements with Aladdin Middle East (AME) for its 50% interest in the 305 square kilometre Turkish Resan Licence, and the respective oil appraisal and exploration programme.
Read moreUK Oil & Gas raises £2.2m for Turkish project
2nd Oct 2020 11:48
(Sharecast News) - UK Oil & Gas has raised £2.2m of new equity to fund its share of initial drilling at the Turkish Resan project.
Read moreUK Oil & Gas moves to 'strengthen performance', raises £4.2m
4th Jun 2020 11:09
(Sharecast News) - UK Oil & Gas announced on Thursday that it plans to carry out a number of material actions, designed to strengthen its overall financial and oil production performance during the current low oil price environment.
Read moreUK Oil & Gas slashes costs at Horse Hill
28th Apr 2020 13:29
(Sharecast News) - UK Oil & Gas said on Tuesday that, in response to the Covid-19-induced low oil price environment, it has implemented material cost savings at all levels across its organisation.
Read moreUK Oil & Gas files planning application for drilling at Arreton
23rd Mar 2020 14:54
(Sharecast News) - UK Oil & Gas has filed a planning application with the Isle of Wight Council for the appraisal drilling and flow testing of the Arreton oil discovery, it announced on Monday.
Read moreUK Oil & Gas acquires majority interest in PEDL 143 licence
3rd Jun 2019 08:28
(Sharecast News) - UK Oil & Gas has acquired a further 20% interest in UK onshore licence PEDL 143 from Ireland-focussed exploration, development and production company Europa Oil & Gas.
Read moreUK Oil & Gas upbeat on latest testing at Horse Hill
17th May 2019 10:30
(Sharecast News) - UK Oil & Gas announced on Friday that, following a successful week-long pressure build-up test (PBU), the aggregate total Portland oil production at the Horse Hill oil field now exceeded 20,500 barrels.
Read moreEuropa sells PEDL 143 interest to UK Oil & Gas
16th Apr 2019 08:38
(Sharecast News) - UK and Ireland-focussed exploration, development and production company Europa Oil & Gas has conditionally agreed to sell its 20% interest in UK onshore licence PEDL 143 to UK Oil & Gas for a total consideration of £0.3m, it announced on Tuesday.
Read moreUK Oil & Gas jumps on plans for nine new wells
23rd Jan 2019 12:44
(Sharecast News) - UK Oil & Gas (UKOG) jumped on Wednesday after releasing its plans to drill up to nine production, appraisal and exploration wells during 2019 and 2020.
Read moreUK Oil & Gas reports sustained production from Horse Hill well test programme
16th Jan 2019 09:58
(Sharecast News) - UK Oil & Gas announced on Wednesday that Horse Hill Developments - its subsidiary and operator of the Horse Hill oil field - had informed it that sustained production continued to be maintained from the HH-1 extended well test programme, achieving a gross aggregate total of over 25,000 barrels to date - a "significant" production milestone.
Read moreUKOG acquiring Solo Oil's share of PEDL331 licence
12th Dec 2018 14:57
(Sharecast News) - UK Oil & Gas announced on Wednesday that it has entered into a binding heads of terms with Solo Oil to acquire their 30% shareholding in the PEDL331 onshore Isle of Wight licence.
Read moreAnti-fracking protestors banned from Horse Hill
4th Sep 2018 10:44
(Sharecast News) - Anti-fracking activists have been banned from disrupting operations at the UK Oil and Gas operated and majority owned Horse Hill site near Gatwick Airport after an interim injunction.
Read moreEuropa Oil and Gas' Weald lease knocked back by environment minister
4th Sep 2018 08:32
(Sharecast News) - Europa Oil and Gas has been told that the government had decided not to renew the group's lease at Bury Hill Wood, where the company had proposed test drilling for oil.
Read moreUK Oil and Gas granted interim injunction against 'persons unknown'
3rd Sep 2018 14:36
(Sharecast News) - UK Oil and Gas has been granted an interim injunction against "persons unknown" who would undertake "unlawful protest activity" at the firm's exploration sites.
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