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UKOG's Gatwick oil project on hold as company awaits regulatory approval

Wed, 29th Apr 2015 10:05

UK Oil and Gas Investments (UKOG) has been stopped from drilling oil at Horse Hill, near Gatwick, The Telegraph reported late Tuesday.The project has been suspended since the company has not directly applied to the regulator, the Oil and Gas Authority (OGA), for permission to begin flow testing the Horse Hill-1 well in the Weald Basin.UKOG has local planning permission and a licence for the site but drilling would still require formal approval from the newly established OGA before any flow testing operations would be allowed.The news comes after UKOG announced that planning permission to proceed at Horse Hill was in place and that it had "already submitted the applications to the authorities for their consent" to conduct a flow test of the well.UKOG's shares had dropped 10.1% to 2.56p by 10:45 on Wednesday.Partners in the project include small-cap peers Solo Oil, Evocutis, Stellar Resources, Alba Mineral Resources and Doriemus.
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4 Mar 2014 11:57

Civil Works Start At Horse Hill Site In UK Weald Basin

LONDON (Alliance News) - Solo Oil PLC, Stellar Resources PLC, Doriemus Resources PLC and UK Oil & Gas Investments PLC Tuesday announced that civil works have now commenced on the Horse Hill site in the UK Weald Basin. The companies said civil works are in preparation for the drilling of a p

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3 Mar 2014 11:59

Doriemus Ups Stake In Horse Hill Field Operating Company To 10%

LONDON (Alliance News) - Doriemus PLC Monday said it has increased its interest in the company that operates the Horse Hill oil field in the Weald Basin in southeast England to 10%, from 7.5%, just months before test drilling starts on the field. In a statement, Doriemus said it it increase

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28 Feb 2014 12:30

UK Oil & Gas Investments Slides As Brockham Report Details Potential Reserves

LONDON (Alliance News) - UK Oil & Gas Investments PLC Friday said a rig has been booked to drill the side track well on the Brockham oil field in Surrey, as the operator of the site also got its independent report on the potential resources. UK Oil & Gas has an interest in the field through

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7 Feb 2014 09:37

Doriemus Says Reports For Lidsey, Brockham Oil Fields Due This Month

LONDON (Alliance News) - Oil and gas investment company Doriemus PLC Friday said that the Competent Persons Reports for both the Lidsey and Brockham oil fields are now scheduled to be completed and published later this month. It said RPS Group PLC, the independent energy consultancy, will p

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23 Jan 2014 13:55

Doriemus Reports 100% Increase In Production From Brockham Oil Field

LONDON (Alliance News) - Doriemus PLC Thursday announced a 100% increase in production from its Brockham-1 well following its stage work-over programme. The oil and gas investment company said the well, at the Brockham Oil Field in Surrey, is now producing 84 barrels a day of 28 degree crud

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15 Nov 2013 07:53

AIM IN BRIEF: Quindell And ValiRx Placings; Noricum Gold Positive Results

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14 Nov 2013 15:49

Doriemus Increases Interest In Lidsey Oilfield

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12 Nov 2013 12:41

Doriemus Says Lidsey Production Up After Oilfield Workover

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7 Nov 2013 13:09

Doriemus Shares Up 131% As Phase One Work-Over Begins In West Sussex

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1 Nov 2013 12:41

Doriemus places 400m new shares

AIM-listed oil firm Doriemus has placed 400m new shares at 0.09p each, raising 360,000 pounds before expenses, which will be used to the planned work-over and recompletion on the Lidsey-1 production well. It will also be used to pay for technical work relating to a potential new production well bei

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1 Nov 2013 09:31

Doriemus Slides After Placing To Raise Funds For Lidsey Work

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31 Oct 2013 11:02

Doriemus Signs Farm-In Deal For West Sussex Oil Field

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22 Oct 2013 11:25

Doriemus Says Operators At Lidsey Oilfield To Conduct Work-Over Of Site

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18 Oct 2013 14:43

Doriemus Acquires 10% Stake In West Sussex Oilfield For GBP340K

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19 Sep 2013 09:05

Rare Earth Minerals Appoints Kiran Mozaria As CEO, Donald Strang as CFO

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