Another oil company sells stake in Horse Hill
Solo Oil has announced it is selling its direct interest in the Horse Hill oil exploration site in Surrey.
UKOG seeks change of company status
The largest investor in the Horse Hill oil well near Gatwick is seeking to change its company status.
Angus confirms chairman transferred shares to company headed by 20-year-old Hungarian
Angus Energy confirmed this morning that its chairman transferred 39 million shares to a company that appears to be less than six months old with one officer, a 20-year-old Hungarian living in Poland.
Angus announces shares investigation and oil test results
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.
UKOG confirms fundraising
The Weald-based exploration company, UK Oil and Gas Investments Plc, announced today it was considering raising funds.
UKOG announces well testing has stopped at Broadford Bridge
UK Oil & Gas Investments announced this afternoon that well testing operations had ceased at the Broadford Bridge oil exploration site near Billingshurst in West Sussex. In a brief statement to investors in the past hour, the company said: “Equipment is being removed from the site and the […]
£50m+ wiped off UKOG on news of possible formation damage at Broadford Bridge oil well
Shares in UK Oil and Gas dropped by more than 35% this afternoon following the company’s announcement of possible formation damage at its Broadford Bridge oil exploration well and the prospect of drilling another sidetrack.
UKOG shares rise on Broadford Bridge statement
UK Oil and Gas saw its shares rise in value by nearly 25% today following a statement on the company’s Broadford Bridge oil exploration site in West Sussex.
Angus shares keep rising despite no resolution to planning dispute over Brockham oil site
Surrey County Council and Angus Energy are standing firm in their conflicting positions in a long-running dispute over the Brockham oil site near Dorking.
IGas announces $35m investment and restructuring plan
The private equity company, Kerogen Capital, is proposing to invest US$35m in IGas, it was announced this morning. The deal depends on a restructuring of IGas’s bonds and may require approval from the Takeover Panel.
DRILL OR DROP? 