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Pin to quick picksUk Oil & Gas Share News (UKOG)

Share Price Information for Uk Oil & Gas (UKOG)

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Share Price: 0.0165
Bid: 0.015
Ask: 0.018
Change: -0.0015 (-8.33%)
Spread: 0.003 (20.00%)
Open: 0.0185
High: 0.0185
Low: 0.0165
Prev. Close: 0.018
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UK Oil & Gas Investments Raises Further GBP2 Million For Weald Basin (ALLISS)

Wed, 04th Jul 2018 09:01

LONDON (Alliance News) - UK Oil & Gas Investments PLC said Wednesday it raised GBP2 million via a share placing to expand its asset base in the Weald Basin in southern England.

The company placed 100 million shares at 2 pence each. The price represents a 5% discount to its closing price of 2.10p on Tuesday.

Shares UK Oil & Gas were trading 4.8% higher at 2.2p on Wednesday.

The company said it intends to use the placing proceeds to deliver its consolidation goal and expand its asset base in the Weald Basin.

The oil and gas company had already raised GBP10.5 million for the development of its assets and previously said it had secured "sufficient working capital for the next 18 months".

Admission to trading of the new shares is expected on July 10. Following admission, the company will have 5.20 billion shares in issue.

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16 Feb 2024 18:36

IN BRIEF: UK Oil & Gas adjourns Friday's general meeting

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."

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9 Feb 2024 16:09

UK shareholder meetings calendar - next 7 days

Monday 12 February 
Arix Bioscience PLCGM re takeover by RTW Biotech Opportunities Ltd
JPMorgan UK Smaller Companies Investment Trust PLCGM re merger with JPMorgan UK Smaller Companies
Mears Group PLCGM re authority to buy back up to 10% of shares
Tuesday 13 February 
Cellular Goods PLCAGM
Iconic Labs PLCAGM
JPMorgan Indian Investment Trust PLCAGM
Tui AGAGM including London Stock Exchange delisting vote
Xtract Resources PLCGM re sale of Manica gold project to MMP
Wednesday 14 February 
GCP Infrastructure Investments LtdAGM
Gfinity PLCGM re annual report
Tertiary Minerals PLCAGM
Tritax EuroBox PLCAGM
Thursday 15 February 
JPMorgan Asia Growth & Income PLCAGM
Synergia Energy LtdGM re share placing
VVV Resources LtdAGM
Friday 16 February 
Irish Residential Properties REIT PLCEGM re removal of 5 of 9 directors
Location Sciences Group PLCGM concerning reverse takeover agreement
Red Rock Resources PLCAGM
UK Oil & Gas PLCGM re proposed capital reorganisation
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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2 Feb 2024 15:52

UK Oil & Gas shares sink after Pinarova-1 testing setback

(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.

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24 Jan 2024 17:41

TRADING UPDATES: MetalNRG's legal settlement; Impellam confirms payout

(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:

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23 Jan 2024 13:08

UK Oil & Gas begins Pinarova-1 swab testing after equipment delivery

(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.

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12 Jan 2024 12:05

UK Oil & Gas raises £0.75m for hydrogen storage project

(Sharecast News) - UK Oil & Gas has secured £0.75m in placing proceeds, it announced on Friday, to help fund its potential hydrogen storage project in Portland, Dorset.

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12 Jan 2024 10:29

AIM WINNERS & LOSERS: Power Metal explores opportunities in Saudi

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

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12 Jan 2024 09:42

UK Oil & Gas sinks after GBP750,000 fundraise via discounted placing

(Alliance News) - UK Oil & Gas PLC on Friday said that the placing was necessitated by the UK government's accelerated hydrogen storage schedule.

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11 Jan 2024 15:21

IN BRIEF: UK Oil & Gas notes Pinarova-1 progress in Turkey

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.

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9 Jan 2024 14:27

IN BRIEF: UK Oil & Gas celebrates as court gives Loxley final consent

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.

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3 Jan 2024 13:32

UK Oil & Gas jumps as recommences operations at Pinarova-1

(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.

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15 Dec 2023 16:58

TRADING UPDATES: 88 Energy expands Texas footprint with acquisitions

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

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15 Dec 2023 11:36

UK Oil & Gas gets explosives permits for Pinarova well

(Sharecast News) - UK Oil & Gas has obtained all the necessary explosives permits to deploy new seven-inch perforating guns, it announced on Friday, designed to penetrate the nine-and-five-eighths-inch casing of the Pinarova well fully.

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15 Dec 2023 10:49

AIM WINNERS & LOSERS: Getech falls on revenue warning; Arkle rises

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

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12 Dec 2023 12:14

IN BRIEF: UK Oil & Gas gets extension for Horse Hill oil field work

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.

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