Licensing system criticised after two UKOG PEDLs extended
UK Oil & Gas confirmed today it had more time to drill in two southern England exploration licences, where no work has yet been carried out.
UKOG sets out plans for the Weald
UKOG published half-year results this morning with details of its exploration and appraisal work in southern England. Horse Hill, Surrey UKOG said it had started construction work and site reorganisation for what it called simultaneous drilling. The programme would drill a new vertical pilot well (HH-2) and a […]
Company profile: UK Oil & Gas plc
As UK Oil & Gas publishes its latest results, DrillOrDrop reviews the company’s holdings, finances, plans and personnel.
UKOG suspends Broadford Bridge and announces two new Weald drill sites
The exploration company. UKOG, announced this morning it had suspended its well at Broadford Bridge in West Sussex, after describing observed oil flows as likely to be “sub-commercial”.
TV presenters join call on Government to block oil drilling off Bournemouth
Campaigners have described plans to drill for oil on the seabed off Bournemouth as a “reckless gamble” and urged the government to block it.
UKOG confirms surrender of Isle of Wight exploration licence – six weeks after it happened
UK Oil and Gas Investments Plc announced this morning it was not seeking a time extension of an exploration licence, off the south west coast of the Isle of Wight.
UKOG pays £3.5m for Celtique Energie Sussex drilling licence
UK Oil and Gas Investments, one of the companies behind the Horse Hill oil well near Gatwick, has paid £3.5m for a Petroleum Exploration and Development Licence (PEDL) in the West Sussex Weald.
Round-up of last week’s council fracking motions
Last week, four councils criticised government powers to override local decision-making on fracking applications.
Solo Oil reveals licence bid for Isle of Wight
Solo Oil plc reveals in its half-yearly report out today (29th September 2015) that it bid for oil and gas exploration licences on the Isle of Wight.
Lenigas steps down from board as UKOG expands interests in southern England
David Lenigas is retiring as chairman of UK Oil and Gas Investments plc, one of the companies behind the Horse Hill exploratory oil well near Gatwick. He has been replaced by Steve Sanderson, who will remain as chief executive.
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