Latest Share Chat

IN BRIEF: UK Oil & Gas Resan license area unaffected by earthquake

Fri, 10th Feb 2023 10:52

UK Oil & Gas PLC - oil and gas exploration and production firm with assets focused in the south of England - Says its partner and licence operator Aladdin Middle East Resan has advised that its Resan licence area is unaffected by the earthquake in Turkey. Notes that is located "some distrance away" from the East Anatolian fault zone and the earthquake epicentre. "Nonetheless, we continue to monitor the situation and will be looking at ways of how we can offer our support," it adds.

Current stock price: 0.061 pence, down 1.3% on Friday in London

12-month change: down 39%

By Sophie Rose, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Related Shares

More News

28 Jun 2024 14:11

UK Oil & Gas PLC makes "key step" for Dorset hydrogen storage project

(Alliance News) - UK Oil & Gas PLC on Friday reported a slump in revenue, whilst progress at certain projects offers a more positive outlook.

21 Jun 2024 15:50

UK Oil & Gas issues 247.5 million shares to repay lenders

(Alliance News) - UK Oil & Gas PLC on Friday announced the issue of shares to repay the principle balance of a 2023 facility.

12 Jun 2024 19:23

EARNINGS AND TRADING: Intuitive Investments NAV rises, talks up Hui10

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

4 Jun 2024 16:41

EARNINGS AND TRADING: Hummingbird loss narrows as revenue climbs

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reporte...

29 May 2024 14:37

UK Oil & Gas receives support for planned hydrogen storage project

(Alliance News) - UK Oil & Gas PLC on Wednesday said it received a letter of support for its planned Dorset and Yorkshire hydrogen storage projects fr...