Comments invited on UKOG’s Isle of Wight drilling plans
A public consultation into plans by UK Oil & Gas to explore for oil at Arreton on the Isle of Wight has opened.
Conservative MP opposes UKOG oil drilling plans on Isle of Wight
Bob Seely, the Conservative MP for Isle of Wight, has told campaigners he is against proposals to drill for oil at Arreton.
UKOG plans published for oil site on the Isle of Wight
A planning application by UK Oil & Gas for an exploration site on the Isle of Wight was published online this afternoon.
Campaigners celebrate changes to UKOG protest injunction
The High Court has reduced the scope of the injunction granted to UK Oil & Gas plc against protests at its exploration sites in Sussex and Surrey.
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.
UKOG issues 1.7 billion new shares in eight months
The number of shares in the onshore operator, UK Oil & Gas plc, has risen to 7.8 billion, up by more than a quarter since August 2019.
UKOG injunction accused of “bullying” and “breach of right to protest”
A group of campaigners will argue at the High Court tomorrow (2/4/2020) that an oil company’s injunction against protest is “unlawful, unfair and breaches the rights to free speech”.
UKOG announces solution to formation water problem at Horse Hill
UK Oil & Gas plc has announced it has successfully shut-off the source of formation water that entered an oil well at its Horse Hill site in Surrey.
Operation to find water source in Horse Hill well delayed to next month
No equipment to identify the source of formation water in the new well at Horse Hill was available in the UK or Europe until next month, the main investor in the Surrey site said today.
UKOG shares fall on news of Horse Hill well test
Shares in UK Oil & Gas plc fell 8% today following a statement on testing its new well at the Horse Hill site near Gatwick Airport.
DRILL OR DROP? 