RE: Energy Minister Endorsement of UKOG10 Sep 2024 13:40
This is huge news indeed'' and still yet to be fathom by the wider Market, how undervalued we are''
UKOG is transitioning from its controversial involvement in onshore oil and gas developments in southern England to a future focused on renewable energy. Despite its ongoing court battles over oil and gas fields in the Weald and Purbeck areas, the company won the right to drill in the Loxley gas field near Horsham, Surrey, with production expected to start next year.
A UKOG spokesperson emphasized the company’s strategic shift, stating, “We are moving away from oil and gas and see a much bigger future in renewable energy.”
This ambitious hydrogen storage project marks a significant step towards ensuring the UK’s energy resilience, particularly as the nation transitions to more sustainable energy sources.
so what SS and the BOD is saying is that the OLD UKOG AND LEGACY OIL CO HAS GONE AND ANY ARGUMENT ABOUT THE PAST IS OLD NEWS AS TO WHERE UK ENERGY IS GOING ? WELL THAT GET RID OF DOG'' PENGU'' DR BANNER / BOBBLES and the rest of the trolls 100m 30 BOPD argument for weeks and end wouldn't IT'' ??
THE RISE IS JUST STARTING IMO, WE HAVE NOT SEEN NOTHING YET''
WAIT TILL WE GET FUNDING CONFERMATION FROM THE INTERNATIONAL ?
Boooooooooooooooooooooooooooooom i would expect