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.
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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.
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.