UKOG announces £10m loan to fund Weald oil exploration
The leading oil exploration company in the Weald in southern England announced this morning it had taken out a £10m loan.
UKOG announcement confirms DrillOrDrop report on Broadford Bridge sidetrack
UKOG has announced that it drilled a mechanical sidetrack to its exploratory oil well at Broadford Bridge in West Sussex, confirming DrillOrDrop’s report published yesterday. The company made the announcement in a formal RNS statement to investors, 10 days after the 3,000+ft sidetrack was spudded.
DRILL OR DROP? 