UK Oil & Gas completes investment in Turkey's Basur-Resan prospect

Wed, 20th Jan 2021

Oil company UK Oil & Gas said it had completed a planned 50% investment in Turkey's Basur-Resan prospect. The company had become joint operator of the prospect with Aladdin Middle East and was finalising preparations for first appraisal well, Basur-3. 'The board views the licence's forthcoming 2021 appraisal drilling programme to present a compelling and potentially transformational growth opportunity for the company' UK Oil & Gas said. At 9:15am: (LON:UKOG) UK Oil Gas Investments Plc share price was 0p at 0.17p Story provided by StockMarketWire.com

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