PPP12 Jun 2024 12:43
"UK Oil & Gas Plc (London AIM: UKOG) is pleased to announce that further to its announcement of 28th March 2023, the Company's relevant subsidiaries and Pennpetro Energy Plc ("PPP") have agreed to extend the conditional binding Horse Hill farm-in term sheet until 30 June 2024, whereby PPP will farm-in to the Horse Hill Oil Field on an incremental production only basis by paying 100% of both a 12 km² 3D seismic survey and a new crestal production well, Horse Hill-3 ("HH-3"). "
"A binding promise, agreement, or decision must be obeyed or carried out."
I wonder what the next RNS will say instead of binding?