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London Stock Exchange

Share Price is delayed by 15 minutes

Share Price: 0.0245

Bid: 0.022

Ask: 0.027

Change: 0.0035 (16.67%)

Spread: 0.005 (22.727%)

Open: 0.021

High: 0.0245

Low: 0.021

Prev. Close: 0.021

UKOG Live Price

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IN BRIEF: UK Oil & Gas rises on West Sussex Broadford Bridge approval

Fri, 20th May 2022 11:20

UK Oil & Gas PLC - London-based exploration and production company focused on UK and Turkey - West Sussex County Council approves 2-year planning permission extension to the Broadford Bridge-1z Kimmeridge oil discovery, which is in its 100%-owned PEDL234 licence.

The extension runs until the end of March 2024.

"The additional 2 years will permit any learnings from possible future Kimmeridge drilling at both the company's nearby Loxley conventional gas and Horse Hill oil fields to be factored into the company's future Broadford Bridge plans," company says.

UKOG currently waiting on planning consent for the Loxley gas project in Surrey.

Current stock price: 0.13 pence, up 5.1% on Friday

12-month change: down 40%

By Paul McGowan; paulmcgowan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News

2 Oct 2020 13:26

IN BRIEF: UK Oil & Gas Raises GBP2.2 Million For Turkish Project

IN BRIEF: UK Oil & Gas Raises GBP2.2 Million For Turkish Project

2 Oct 2020 11:48

UK Oil & Gas raises £2.2m for Turkish project

(Sharecast News) - UK Oil & Gas has raised £2.2m of new equity to fund its share of initial drilling at the Turkish Resan project.

1 Oct 2020 18:16

IN BRIEF: UK Oil & Gas Starts Routine Intervention At Horse Hill-1

IN BRIEF: UK Oil & Gas Starts Routine Intervention At Horse Hill-1

21 Sep 2020 19:29

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3 Aug 2020 18:07

IN BRIEF: UK Oil & Gas Loxley Planning Project To Be Rerun

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23 Jul 2020 18:02

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16 Jul 2020 20:14

IN BRIEF: UK Oil & Gas Completes Horse Hill Equipment Purchase

IN BRIEF: UK Oil & Gas Completes Horse Hill Equipment Purchase

9 Jul 2020 19:18

IN BRIEF: UK Oil & Gas Granted Two-Year Broadford Bridge Extension

IN BRIEF: UK Oil & Gas Granted Two-Year Broadford Bridge Extension

30 Jun 2020 14:38

UK Oil & Gas Half-Year Loss Narrows On Administrative Expenses

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29 Jun 2020 20:32

IN BRIEF: UK Oil & Gas Set For Appeal After Loxley-1 Surrey Blow

IN BRIEF: UK Oil & Gas Set For Appeal After Loxley-1 Surrey Blow

26 Jun 2020 18:10

IN BRIEF: UK Regulator Grants Permit For UK Oil & Gas's Loxley-1 Well

IN BRIEF: UK Regulator Grants Permit For UK Oil & Gas's Loxley-1 Well

10 Jun 2020 16:17

UK Shareholder Meetings Calendar - Next 7 Days

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4 Jun 2020 18:00

UK Oil & Gas Raises Over GBP4 Million To Repay Debt, Cut Costs

UK Oil & Gas Raises Over GBP4 Million To Repay Debt, Cut Costs

4 Jun 2020 11:09

UK Oil & Gas moves to 'strengthen performance', raises £4.2m

(Sharecast News) - UK Oil & Gas announced on Thursday that it plans to carry out a number of material actions, designed to strengthen its overall financial and oil production performance during the current low oil price environment.

28 Apr 2020 13:29

UK Oil & Gas slashes costs at Horse Hill

(Sharecast News) - UK Oil & Gas said on Tuesday that, in response to the Covid-19-induced low oil price environment, it has implemented material cost savings at all levels across its organisation.