UK Oil & Gas PLC - London-based exploration and production company, which focuses on projects in the UK and Turkey - Says that as a result of shareholders' questions, it is in the process of taking further advice in relation to its capital reorganisation and the associated resolutions proposed at Friday's general meeting. Consequently, it decided to adjourn the meeting "for the time being." Read More
(Alliance News) - Shares UK Oil & Gas PLC were down over 30% on Friday, after the company announced that it will abandon testing of a Turkish asset. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - UK Oil & Gas PLC on Tuesday said it began swab testing at its Pinarova-1 site in Turkey, following the delivery of equipment. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More
(Alliance News) - UK Oil & Gas PLC on Friday said that the placing was necessitated by the UK government's accelerated hydrogen storage schedule. Read More
UK Oil & Gas PLC - London-based exploration and production company focused on UK and Turkey - Operator of Pinarova-1 in Turkey, AME, advises that perforating operations should commence towards the end of next week or by the following Monday. Announcement follows the successful completion of repair and strengthening of the access track and well pad during recent good weather. Read More
UK Oil & Gas PLC - London-based exploration and production company focused on UK and Turkey - Says UK Court of Appeal has refused permission for any further appeal against the grant of planning consent for UKOG's Loxley conventional gas and hydrogen feedstock project in Surrey. Court's decision is final and cannot be appealed or reviewed, so planning permission will now remain in full force and effect. Order upholds the High Court's in late July which likewise refused permission to appeal. Loxley forms part of UKOG's move into hydrogen, alongside its Portland storage project in Dorset, and will supply gas as feedstock for reformation into clean burning hydrogen. Read More
(Alliance News) - UK Oil & Gas PLC on Wednesday said that it has re-commenced operations at Pinarova-1, with site access and well pad strengthening and repair. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More
UK Oil & Gas PLC - London-based exploration and production company focused on UK and Turkey - Says the UK North Sea Transition Authority has granted a one-year extension to the PEDL137 retention area work programme at its Horse Hill oil field in southern England until September 30, 2025. Adds that work programme now fully corresponds to the farm-in programme agreed with Pennpetro Energy PLC announced on Monday. Read More
(Alliance News) - Pennpetro Energy PLC and UK Oil & Gas PLC on Monday said they have agreed to extend their conditional agreement for Pennpetro to farm-in to the Horse Hill oil field in southern England. Read More
UK Oil & Gas PLC - London-based exploration and production company focused on UK and Turkey - Says that the "continued profitability" of the Horse Hill oil field has allowed the operator, Horse Hill Developments Ltd, to make a payment of GBP675,000 to UK Oil & Gas. Explains that this represents a partial repayment of certain historic shareholder loans. UK Oil & Gas holds an effective 86% interest in the field and surrounding PEDL137 licence, and a 78% direct shareholding in HHDL. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
UK Oil & Gas PLC - London-based exploration and production company focused on UK and Turkey - Says that as part of a GBP3 million funding facility, it has delivered the first and second tranches of ordinary shares to RiverFort Global Opportunities PCC Ltd and YA II PN Ltd, in relation to the first cash sum received of GBP2 million gross. Adds that these shares can be converted at the investors' discretion to repay the loan, the balance of which now stands at GBP1.4 million. Any equity shares unsold at the end of the loan term or on early repayment will be sold by the investors and the net proceeds repaid to the company. Read More
UK Oil & Gas PLC - London-based exploration and production company focused on UK and Turkey - Pinarova-1 well operator, Aladdin Middle East, says that the resumption of testing operations within the Germik/Hoya sequence, is expected in around four weeks. Says testing will cover the section where strong oil odours were recorded over a 12-hour period during drilling. Read More
(Alliance News) - UK Oil & Gas PLC on Friday said it has "finally" sourced larger and more powerful 7-inch perforating guns, following the temporary suspension of Pinarova-1 testing operations in Turkey. Read More
UK Oil & Gas PLC - London-based exploration and production company focused on UK and Turkey - Says UK High Court judge Karen Steyn refuses Protect Dunsfold permission to appeal the ruling from July that UKOG's planning consent for its conventional gas and hydrogen feedstock project in Surrey was entirely lawful. Read More