Uk Oil & Gas Share News (UKOG)

LONDON MARKET CLOSE: Stocks in the green; pound and euro stronger

(Alliance News) - Stocks in London closed in the green on Monday, with the FTSE 100 lifted by a strong performance from retailers like Tesco, Kingfisher, and Sainsbury.

UK Oil & Gas raises £3m, appoints new CFO

(Sharecast News) - UK Oil & Gas announced on Monday that it has raised £3m for general working capital, as well as the appointment of a new chief financial officer.

LONDON MARKET MIDDAY: Mood optimistic as eyes turn to US inflation

(Alliance News) - Stocks in London made headway on Monday morning as investors looked ahead to some key economic indicators, chiefly a US inflation reading due on Tuesday that is expected to show softening price pressures.

AIM WINNERS & LOSERS: Kape profit soars; UK Oil & Gas fundraises

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

UK Oil & Gas shares down on GBP3.0 million placing; appoints new CFO

(Alliance News) - UK Oil & Gas PLC shares dropped on Monday following a GBP3.0 million share placing to help fund its Phase 2 Turkey seismic programme.

IN BRIEF: UKOG, Alba Mineral note potential for Horse Hill appeal

UK Oil & Gas PLC - London-based exploration and production company focused on UK and Turkey - Updates on legal proceedings regarding Horse Hill oil field. Following the UK Court of Appeal's dismissal of the challenge from Sarah Finch on behalf of Weald Action Group to the Surrey County Council's grant of production consent at Horse Hill, Finch is given a final legal avenue to appeal the decision to the Supreme Court. Should the case go ahead, it is expected to be heard at some point from the second quarter of 2023 onwards. This would be the final legal recourse for Finch.

TRADING UPDATES: Skillcast expects revenue rise; Cap-XX solves dispute

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

DIRECTOR DEALINGS: EnQuest CEO buys 4 million shares in two weeks

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and not separately reported by Alliance News:

TRADING UPDATES: Angle hails study find; Eqtec buys plant in France

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

IN BRIEF: UK Oil & Gas discovers light oil on Resan licence

UK Oil & Gas PLC - London-based exploration and production company focused on UK and Turkey - Discovers live, light 41.7 degree API oil seep in an unused seismic drill hole on the Resan licence in Turkey. UK Oil & Gas holds a 50% interest in the Resan licence with operator Aladdin Middle East. This provides evidence of an active light oil petroleum system in the central area of the licence, UK Oil & Gas explains, and has positive implication for future exploration of the licence. Adds two drill holes completed several days later also recovered light oil. Oil samples have now gone for analysis.

EARNINGS UPDATES: UK Oil & Gas and 7digital post widened losses

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

UK shareholder meetings calendar - next 7 days

IN BRIEF: UK Oil & Gas successful in appeal for Loxley gas project

UK Oil & Gas PLC - London-based exploration and production company focused on UK and Turkey - Says the refusal of planning consent for its wholly-owned Loxley conventional gas and hydrogen feedstock project has been overturned. Planning and environmental consents in the Loxley project can now proceed. Surrey County Council twice refused planning consent for the project.

TRADING UPDATES: UKOG signs lease; Alien Metals to buy Vivash Gorge

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

UK Oil & Gas signs agreement to lease for Dorset gas storage

(Sharecast News) - UK Oil & Gas announced on Monday that its wholly-owned subsidiary UK Energy Storage (UKEn) has signed an agreement to lease with Portland Port, covering two sites at the former Royal Navy port in Dorset.