IN BRIEF: UK Oil & Gas Resan license area unaffected by earthquake

Fri, 10th Feb 2023 10:52

UK Oil & Gas PLC - oil and gas exploration and production firm with assets focused in the south of England - Says its partner and licence operator Aladdin Middle East Resan has advised that its Resan licence area is unaffected by the earthquake in Turkey. Notes that is located "some distrance away" from the East Anatolian fault zone and the earthquake epicentre. "Nonetheless, we continue to monitor the situation and will be looking at ways of how we can offer our support," it adds.

Current stock price: 0.061 pence, down 1.3% on Friday in London

12-month change: down 39%

By Sophie Rose, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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