Uk Oil & Gas Share News (UKOG)

UK Oil & Gas up as High Court upholds Loxley planning consent

(Alliance News) - UK Oil & Gas PLC on Thursday said the High Court ruled that planning consent for its conventional gas and hydrogen feedstock project in Surrey, is entirely lawful.

UK Oil & Gas to restart oil production at Avington field

(Alliance News) - UK Oil & Gas PLC on Thursday said the Avington joint operating committee has formally agreed to restart oil production at the field in Hampshire, England.

TRADING UPDATES: Lansdowne Oil & Gas seeks talks over Barryroe dispute

(Alliance News) - The following is a round-up of updates by London-listed companies, issued Wednesday and not separately reported by Alliance News:

UK Oil & Gas announces £3m committed funding facility

(Sharecast News) - UK Oil & Gas announced a £3m committed funding facility through a loan agreement with RiverFort Global Opportunities PCC and YA II PN on Wednesday.

IN BRIEF: UK Oil & Gas reports interim loss and revenue decline

UK Oil & Gas PLC - London-based exploration and production company focused on UK and Turkey - Says in its six months ended March 31 that its pretax loss slightly widens to GBP1.39 million from GBP1.35 million the year before. Interim revenue drops to GBP890,000 from GBP911,000 the year prior. The company also reports an operating loss of GBP1.32 million, slightly higher from GBP1.29 million.

IN BRIEF: UK Oil & Gas "convinced" Horse Hill legal backing was lawful

UK Oil & Gas PLC - UK-focussed oil and gas exploration company - Alongside UK government and Surrey County council, will defend a Supreme Court hearing to draw line under long-standing legal action against Horse Hill planning consent. Local resident tried to reverse planning permission that had been granted. UK Oil & Gas says final verdict is likely to be heard in late summer or early autumn. The company says that planning consent remains in force and lawful production continues at the Horse Hill site, in which the company holds an 86% interest.

UPDATE: UK Oil & Gas backs Loxley decision amid legal challenge

(Alliance News) - UK Oil & Gas PLC on Thursday backed an earlier decision for planning consent at the Loxley gas discovery, in the face of opposition to the Surrey development.

LONDON BRIEFING: Wizz Air expects return to profit in financial 2024

(Alliance News) - Stocks in London were set to open flat on Thursday, with market sentiment cautious amid fears that interest rates have further to rise across the globe.

Campaigners begin challenge to UKOG gas drilling in Surrey

(Alliance News) - Environmental campaigners will go to the UK High Court to challenge plans to begin gas drilling in rural Surrey.

TRADING UPDATES: Harworth optimistic on 2027; Plexus extends agreement

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

IN BRIEF: UK Oil & Gas to run tests as Pinarova-1 reaches final depth

UK Oil & Gas PLC - UK-focused oil and gas exploration and production company - Says Pinarova-1 well in Turkey has reached a final depth of 600 metres below surface. Plans are being made to run a selective cased hole flow test operation. Also, oil samples recovered from Pinarova-1 have been dispatched to the UK for geochemical study to assist investigations into the possibility that a deeper light oil accumulation may exist below the Pinarova area within cretaceous limestones.

UK shareholder meetings calendar - next 7 days

TRADING UPDATES: Round Hill Music and Jadestone Energy swing to profit

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

UK Oil & Gas to conduct further tests on encouraging drilling results

(Alliance News) - UK Oil & Gas PLC on Friday hailed progress at Pinarova-1, after "encouraging" findings.

UK Oil & Gas finds oil shows at Pinarova-1

(Sharecast News) - UK Oil & Gas announced on Friday that its Pinarova-1 well had encountered oil shows within the target Eocene Hoya limestone sequence.