UKOG issues 637m new shares to fund cuts in the cost of oil production
The company behind oil production at Horse Hill in Surrey has raised £1.275m in a share placing to pay for cost cuts.
The company behind oil production at Horse Hill in Surrey has raised £1.275m in a share placing to pay for cost cuts.
Angus Energy – the company behind oil sites in southern England – announced today it was looking into transactions of shares held by its chairman. It also claimed oil at one of its sites was higher quality than Brent Crude.