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Share Price: 0.025

Bid: 0.023

Ask: 0.027

Change: -0.0005 (-1.96%)

Spread: 0.004 (17.391%)

Open: 0.0255

High: 0.0255

Low: 0.025

Prev. Close: 0.0255

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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

More News

3 Sep 2018 14:36

UK Oil and Gas granted interim injunction against 'persons unknown'

(Sharecast News) - UK Oil and Gas has been granted an interim injunction against "persons unknown" who would undertake "unlawful protest activity" at the firm's exploration sites.

30 Aug 2018 11:25

UK Oil & Gas Ups Horse Hill Stake Buying Out 15% From Solo Oil (ALLISS)

LONDON (Alliance News) - UK Oil & Gas PLC on Thursday continued to raise its interest in Horse Hill Development Ltd by buying out Solo Oil PLC's 15% stake in the company.UK Oil Gas

30 Aug 2018 08:20

UK Oil and Gas ups stake in Horse Hill Developments

(Sharecast News) - AIM-listed investor UK Oil and Gas has upped its stake in the Horse Hill oil discovery via a £4.5m acquisition of fellow AIM-listed firm Solo Oil's interest in the project's operator.

20 Aug 2018 12:11

EXTRA: UK Oil & Gas Looking To Progress Horse Hill As It Takes Control

LONDON (Alliance News) - UK Oil & Gas PLC said Monday it has taken a majority position in the Horse Hill project, the so-called 'Gatwick Gusher', after buying out two Oil & Gas its

20 Aug 2018 10:10

UK Oil & Gas becomes majority shareholder in Horse Hill Developments

(Sharecast News) - UK Oil & Gas has entered into sale and purchase agreements with Gunsynd and Primorus Investments to acquire their combined 7% shareholding in Horse Hill Developments - the operator and 65% interest holder in the Horse Hill-1 Portland and Kimmeridge Limestone oil discovery and 55 square mile PEDL137 and PEDL246 licences - it announced on Monday.

20 Aug 2018 09:45

UK Oil & Gas Buys Out Two Horse Hill Partners, Takes Stake To 57% (ALLISS)

LONDON (Alliance News) - UK Oil & Gas PLC said Monday it has taken a controlling interest in Horse Hill Developments Ltd after buying out the stakes of Gunsynd PLC and Primorus Investments Oil

13 Aug 2018 14:17

UK Oil & Gas Raises GBP126,000 Following Warrants Exercise (ALLISS)

LONDON (Alliance News) - UK Oil & Gas PLC on Monday said it raised GBP126,000 following the exercise of share warrants.The exploration company said it exercised warrants to subscribe 14

3 Aug 2018 12:31

'Excellent' Horse Hill flow rate results impress AIM quintet

(Sharecast News) - Horse Hill's testing results at the Portland reservoir in the UK's Weald Basin on Friday implied equivalent rates of 401 and 414 barrels of oil per day, beating 2016 results.

24 Jul 2018 16:07

UK Shareholder Meetings Calendar - Next 7 Days

Wednesday 25 JulyAdvanced OncotherapyClear LeisureCircle GroupULS 26 La Capital &

24 Jul 2018 12:29

Europa Oil & Gas Submits Planning Application Regarding Oil Licence

LONDON (Alliance News) - Europa Oil & Gas PLC has submitted a planning application concerning one of its licences, both Union Jack Oil PLC and Egdon Resources PLC noted on Tuesday.The a

9 Jul 2018 09:09

UK Oil & Gas Investments To Become Operating Company

LONDON (Alliance News) - UK Oil & Gas Investments PLC said Monday that it intends to change its trading status under AIM rules to an "Operating Company" from an "Investing in up

4 Jul 2018 09:01

UK Oil & Gas Investments Raises Further GBP2 Million For Weald Basin (ALLISS)

LONDON (Alliance News) - UK Oil & Gas Investments PLC said Wednesday it raised GBP2 million via a share placing to expand its asset base in the Weald Basin in southern England.The 100 2

2 Jul 2018 17:20

UK Oil & Gas Raises GBP5 Million To Repay Loan And Fund Projects (ALLISS)

LONDON (Alliance News) - UK Oil & Gas Investments PLC on Monday said it raised GBP5 million via a share placing to repay loan and progress on exploration at the Weald Basin located in southern

15 Jun 2018 11:19

UK Oil & Gas Investments Raises Cash, Applies For Planning Extension (ALLISS)

LONDON (Alliance News) - UK Oil & Gas Investments on Friday announced it has raised GBP5.5 million in a share placing while also applying for a planning extension in West Sussex.UKOG at

15 Jun 2018 10:56

WINNERS & LOSERS SUMMARY: Rolls Royce Soars On Cash Flow Guidance

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - WINNERS----------Rolls up 11%.

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

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