“Disappointing” pause on UKOG’s Turkish well
Work has paused on UKOG’s Turkish well after the drilling assembly became stuck.
Work has paused on UKOG’s Turkish well after the drilling assembly became stuck.
UK Oil & Gas has announced it has raised £5m in a placing, prompting a sharp fall in the share price.
The weald-based drilling company, UK Oil & Gas, is seeking support for a share issue to fund new drilling in Turkey.
UK Oil & Gas (UKOG) has announced the Turkish energy ministry has granted formal drilling consent for the Basur-3 well.