Is UKOG going bust?18 Jul 2025 07:17
UK Oil & Gas (UKOG) is not currently going bust, though it has faced some financial challenges. While the company's shares were temporarily suspended from trading on AIM due to a delay in publishing its annual accounts, this is not an indication of imminent collapse. Furthermore, UKOG has recently seen an increase in production at its Horndean field, suggesting positive developments in its operations. The company has also been actively selling off some assets, such as UKOG GB Limited, to improve its financial position.