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Share Price: 0.0325

Bid: 0.03

Ask: 0.035

Change: 0.00 (0.00%)

Spread: 0.005 (16.667%)

Open: 0.0325

High: 0.0325

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UK Oil & Gas Reduces Riverfort And YA Debt To GBP2.3 Million

Wed, 22nd Apr 2020 15:27

(Alliance News) - UK Oil & Gas PLC on Wednesday said it received a notice from lenders Riverfort Global Opportunities PCC Ltd and YA II PN Ltd to convert GBP75,000 of a loan into shares.

The oil & gas firm said it has allotted 27.7 million shares to the lenders, reducing the loan balance to GBP2.3 million. Following admission of the shares, the company now has 7.85 billion shares in issue.

UKOG shares were trading flat at 0.30 pence each on Wednesday afternoon in London.

By Ife Taiwo; ifetaiwo@alliancenews.com

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(Sharecast News) - UK Oil & Gas announced on Thursday that, following detailed consultations with its legal counsel and planning advisers, it would now launch an appeal against Surrey County Council's 15 December decision to refuse planning consent for its wholly-owned Loxley gas appraisal project.

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IN BRIEF: UK Oil & Gas Applies For Three Further Licences In Turkey

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UK Oil & Gas applies for three more licences in Turkey

(Sharecast News) - UK Oil & Gas announced on Thursday that, together with its 50-50 joint venture partner in Turkey, Aladdin Middle East (AME), it has applied to the Turkish authorities for three further exploration licences in the south east of the country.

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UK Oil & Gas Reduces Riverfort And YA Debt To GBP2.3 Million

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