UK Oil and Gas PLC is a UK-based oil and gas exploration and production company. The company is listed on AIM under the ticker UKOG.
The Company’s current UK onshore oil & gas portfolio consists of direct and indirect interests in five oil and gas exploration, appraisal, development, and production assets, all situated within the Weald Basin of southern England.
UKOG holds a majority operating interest in the producing Horse Hill oil field which has the necessary planning and environmental consents for further development drilling in the Portland and underlying Kimmeridge reservoirs and for produced water reinjection.
The Company also has a non-operating interest in the long established producing Horndean and Avington oil fields and holds majority interests in two further UK onshore oil and gas discoveries, including the significant Loxley Portland gas discovery, assessed to be the second largest gas accumulation ever discovered and flow tested in the UK onshore. The Company now holds all the necessary planning and environmental permits to proceed with appraisal of the Loxley gas discovery.
UKOG share price listed at 1,130p in 2005.