UK 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.
Read moreUK Oil and Gas ups stake in Horse Hill Developments
30th Aug 2018 08:20
(Sharecast News) - AIM-listed investor UK Oil and Gas has upped its stake in the Horse Hill oil discovery via a £4.5m acquisition of fellow AIM-listed firm Solo Oil's interest in the project's operator.
Read moreUK Oil & Gas becomes majority shareholder in Horse Hill Developments
20th Aug 2018 10:10
(Sharecast News) - UK Oil & Gas has entered into sale and purchase agreements with Gunsynd and Primorus Investments to acquire their combined 7% shareholding in Horse Hill Developments - the operator and 65% interest holder in the Horse Hill-1 Portland and Kimmeridge Limestone oil discovery and 55 square mile PEDL137 and PEDL246 licences - it announced on Monday.
Read more'Excellent' Horse Hill flow rate results impress AIM quintet
3rd Aug 2018 12:31
(Sharecast News) - Horse Hill's testing results at the Portland reservoir in the UK's Weald Basin on Friday implied equivalent rates of 401 and 414 barrels of oil per day, beating 2016 results.
Read moreHorse Hill oil developers apply for further 'significant' drilling
17th Oct 2016 09:16
(ShareCast News) - UK Oil & Gas and its partners in the Horse Hill Developments (HHDL) company drilling for oil close to Gatwick Airport, have applied for planning permission with Surrey County Council for a further round of drilling. The HHDL group, in which AIM peers Alba Minerals, Doriemus, Gunsy
Read moreUK Oil & Gas Investments buys further stake in Horse Hill discovery
22nd Jul 2016 17:17
(ShareCast News) - UK Oil & Gas Investments on Friday announced it has bought a further interest in the Horse Hill-1 oil discovery. The group bought a 3.9% stake of Flowermay Limited in onshore Weald Basin licences PEDL137 and PEDL246 for £1m, bringing its total interest to 31.2%. UK Oil & Gas will
Read moreHorse Hill oil in place estimates almost trebled
19th Jul 2016 12:02
(ShareCast News) - The Horse Hill project in Surrey looks like providing a bonanza for the range of AIM-listed companies involved after a near trebling of oil in place estimates to 22.9m barrels per square mile. As announced in March, the final HH-1 test of the upper Portland pay zone flowed at a co
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