UKOG shares dropped more than a third today on news that the company had abandoned testing the Pinarova-1 well in Turkey. The company said it was “disappointed” that the well had not met its expectations.
UK Oil & Gas plc reported an operating loss of £1.32m for the six months to the end of March 2023, slightly larger than the year before.
Drilling for gas near a Surrey village will be funded by another company, the operator has announced.
UK Oil & Gas has revealed that it has given up its licence to explore for hydrocarbons on the Isle of Wight.
Opponents of onshore oil and gas operations disrupted an industry agm in London this morning.
UK Oil & Gas plc is investigating international oil and gas projects and renewable schemes at home, the company’s annual accounts said today.
The Weald-based UK Oil & Gas (UKOG) plc confirmed today its bid for three new licences in Turkey had been unsuccessful.
Keep up with August 2021’s news with our digest of daily updated headlines about the business, regulation and campaigns around UK fracking, shale, and onshore oil and gas.
Work has paused on UKOG’s Turkish well after the drilling assembly became stuck.
An UK Oil & Gas share offer has raised just a tenth of the target funds, the company has reported.
DRILL OR DROP? 