14th Oct 2020 21:33
UK Oil & Gas PLC - oil and gas exploration company - successfully executes participation agreement and joint operating agreement with Aladdin Middle East Ltd for 50% interest in Turkish Resan licence and respective oil appraisal and exploration programme. Following October 2 equity raise, will now fund its share of preparatory operations so that first oil appraisal well, Basur-3, "can be drilled as soon as practicable in early 2021".
Current stock price: 0.16 pence
Year-to-date change: down 81%
By Anna Farley; [email protected]
Copyright 2020 Alliance News Limited. All Rights Reserved.
Related Shares:
UK Oil & Gas