IOG (Incorporated Oil and Gas) Plc is a UK-based oil and gas company that identifies, acquires, and markets oil and gas fields for customers in the United Kingdom. The company is focused on the Southern North Sea (SNS) and operates a portfolio of offshore gas fields, delivering the gas into the UK market through co-owned infrastructure.
IOG's assets include:
Blythe Hub: A 50% working interest in the Southern North Sea, which includes the Blythe and Elgood discoveries
Goddard area: A 100% working interest in the Goddard license, which is located 70 km north of the Norfolk coast
Offshore gas portfolio: A low-risk portfolio with multiple licenses across the Southern North Sea
IOG's low-carbon operating philosophy is based on reusing existing infrastructure, which the company says will help it play a role in the UK's Energy Transition and Net Zero target.
IOG share price launched at 24p in 2014.