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UK Oil & Gas PLC Ord 0.01P (UKOG)

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15-Mar-2019 07:54 AM

UK Oil & Gas losses deepen on exploration write off

UK Oil & Gas reported a deeper annual loss, partly owing to an exploration write off. Pre-tax losses for the year through September amounted to £16.7m, compared to losses of £2.3m on-year. The loss included an exploration write off of £
29-Jun-2018 08:29 AM

UK Oil & Gas losses widen on write-down

UK Oil & Gas Investments reported a deeper first-half loss after costs rose and it wrote-down the value of an asset. Pre-tax losses for the six months through March amounted to £4.4m, compared to losses of £1.1m on-year. The write-down was m
31-May-2018 08:03 AM

UKOG Weald Basin licence extended

UK Oil & Gas Investments has had the licence term of its 100% owned PEDL234 licence extended from 30 June 2018 until 31 December 2023. The licence will now be converted to the 14th Licence Round Master Clauses Agreement which permits a retention area (R
27-Dec-2017 09:03 AM

Market report: IWG takeover approach, Shell tax joy and Halosource warning

The FTSE 100 advanced 16 points to 7,603 as trading resumed following the festive period. Serviced office provider IWG (IWG) has received an indicative takeover proposal from Brookfield Asset Management and Onex Corporation. The approach follows recent s
27-Dec-2017 08:32 AM

Market disappointed with UK Oil & Gas update

UK Oil & Gas Investments said operations would shut down until the New Year at its Broadford Bridge-1z exploration discovery and updated on recent events. It said the Basal KL3 test has been re-run following mechanical problems. Initial natural flow of a
10-Aug-2017 02:09 PM

UK Oil & Gas updates on Broadford Bridge-1 work

UK Oil & Gas Investments has announced that, to optimise well completion and subsequent flow test performance, it has successfully drilled, logged and cased a mechanical sidetrack, BB-1z, at its 100% owned Broadford Bridge-1 exploration well located in li
20-Jul-2017 01:44 PM

UK Oil & Gas updates on Broadford Bridge-1 well

UK Oil & Gas has reported that preliminary image log interpretations have revealed a further, highly naturally-fractured Kimmeridge shale and limestone reservoir zone, designated "KL0", from 5,508-5,640 ft measured depth ("MD") at its
23-Jun-2017 01:29 PM

UK Oil & Gas Investments updates on KL4 core samples

UK Oil & Gas Investments has reported that mobile light oil has been observed seeping from open natural fractures in Kimmeridge Limestone 4 ("KL4") core samples at its 100%-owned Broadford Bridge-1 ("BB-1") exploration well. The KL4 s
23-Jun-2017 01:29 PM

UK Oil & Gas Investments updates on KL4 core samples

UK Oil & Gas Investments has reported that mobile light oil has been observed seeping from open natural fractures in Kimmeridge Limestone 4 ("KL4") core samples at its 100%-owned Broadford Bridge-1 ("BB-1") exploration well. The KL4 s
23-Jun-2017 01:29 PM

UK Oil & Gas Investments updates on KL4 core samples

UK Oil & Gas Investments has reported that mobile light oil has been observed seeping from open natural fractures in Kimmeridge Limestone 4 ("KL4") core samples at its 100%-owned Broadford Bridge-1 ("BB-1") exploration well. The KL4 s
23-Jun-2017 01:29 PM

UK Oil & Gas Investments updates on KL4 core samples

UK Oil & Gas Investments has reported that mobile light oil has been observed seeping from open natural fractures in Kimmeridge Limestone 4 ("KL4") core samples at its 100%-owned Broadford Bridge-1 ("BB-1") exploration well. The KL4 s
20-Jun-2017 07:44 AM

UK Oil & Gas Investments issues drilling update

UK Oil & Gas Investments has now begun conventional coring operations at its 100% interest Broadford Bridge-1 (BB-1) exploration well. The first coring point was called at a measured depth of 4013 feet situated just above Kimmeridge Limestone 4 (KL4), t
16-Jun-2017 07:39 AM

UK Oil & Gas updates on Broadford Bridge-1 well

UK Oil & Gas Investments has now drilled and cased-off the 12.25-inch hole section of its 100% interest Broadford Bridge-1 (BB-1) exploration well. BB-1 had reached a measured depth of more than 830m and wsa now drilling ahead in 8.5-inch hole towards t
05-Apr-2017 01:02 PM

UKOG changes registered address

UK Oil & Gas Investments (UKOG) has changed its registered office address to 8th Floor, The Broadgate Tower, 20 Primrose Street, London, EC2A 2EW, United Kingdom. At 1:02pm: (LON:UKOG) Uk Oil Gas Investments Plc a Ord 0.01p share price was +0.03p at
11-Aug-2016 03:53 PM

UKOG completes licence acquisition

UK Oil & Gas Investments has completed the 100% acquisition of the 300 sq km Weald Basin licence PEDL234 following the issue and admission of 142,648,840 new ordinary shares to AIM today. At 3:53pm: (LON:UKOG) Uk Oil Gas Investments Plc a Ord 0.01p sh
28-Jun-2016 08:51 AM

UK Oil and Gas Investments on track

UK Oil and Gas Investments (UKOG) said it is on track for two further permitted Kimmeridge exploration wells in 2017. KEY HIGHLIGHTS - Strong progress at Horse Hill with game-changing commercially viable initial oil flow rates from 3 horizons - 1,688 b
18-Apr-2016 07:48 AM

UKOG buys Angus Energy's stake in Horse Hill-1

UK Oil & Gas Investments has acquired all of Angus Energy Holdings UK Limited's remaining 7.8% interest in onshore Weald Basin licences PEDL137 and PEDL246. The company says this has significantly increased its net working interest in the licences
09-Mar-2016 07:44 AM

SOLO, RGM, STG, UKOG update on Horse-Hill 1

Solo Oil (SOLO), Regency Mines (RGM), Stellar Resources (STG) and UK Oil and Gas Investments (UKOG) said at the Horse Hill-1 well crude oil had flowed to surface, via rod pumping, at an average stabilised rate of 168 barrels per day over a continuous 9-ho
26-Feb-2016 09:50 AM

UK Oil and Gas widens FY pretax loss

UK Oil and Gas Investments has widened its FY pretax loss to GBP1.7m, from a loss of GBP0.9m. Revenue was GBP0.24m, from GBP7000. "This has been a significant period for UKOG where our key investments and assets have shown substantial progress towar
16-Feb-2016 07:55 AM

Horse Hill flows

Significant oil flows from the Horse Hill-1 well in the Weald Basin have been welcomed by Alba Mineral Resources, Doriemus, Evocutis, UK Oil & Gas, Stellar and Solo. They have been informed by Horse Hill Developments Limited that light, 40-degree API, sw
30-Nov-2015 11:43 AM

UK Oil & Gas announces grant of Horse Hill permit

UK Oil & Gas Investments has announced that it has been informed by Horse Hill Developments ("HHDL") that the Environment Agency ("EA") has formally granted the necessary permit to flow test the Horse Hill-1 ("HH-1") oil disc
08-Jul-2015 11:43 AM

New executive chairman at UK Oil & Gas Investments

UK Oil & Gas Investments has announced that Steve Sanderson has been appointed to the Board as the new executive chairman. Mr Sanderson has been (and will remain) the chief executive of the company, a non-board position, since January. Mr Sanderson re
24-Jun-2015 07:27 AM

UKOG's profit

UK Oil & Gas has widened its H1 pretax loss to £0.38m, from a loss of £0.29m. Turnover was £0.2m, from nil. UKOG was pleased with results, noting the balance sheet put it in an excellent position to benefit from the present oil price downturn and rival
13-May-2015 02:22 PM

UKOG pleased with Horse Hill extension

UK Oil & Gas Investments' board is pleased to announce it has been informed by Horse Hill Developments Ltd that the exploration stage of the Horse Hill PEDL137 licence has been extended for a further year by the Oil & Gas Authority. The exploratio
11-May-2015 07:53 AM

Alba reports Horse Hill STOIIP upgrade

Alba Mineral Resources reports an upgrade to the conventional stock tank oil initially in place (STOIIP) volumes estimated for the overall Upper Portland Sandstone conventional reservoir in the Horse Hill-1 and Collendean Farm-1 structure, in the PEDL137
 
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