The latest Investing Matters Podcast episode with Inclusive Asset Management's Alexandra McGuigan has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksUk Oil & Gas Regulatory News (UKOG)

Share Price Information for Uk Oil & Gas (UKOG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.05
Bid: 0.045
Ask: 0.055
Change: 0.0025 (5.26%)
Spread: 0.01 (22.222%)
Open: 0.05
High: 0.05
Low: 0.05
Prev. Close: 0.0475
UKOG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Horse Hill-1 Portland intervention commences

1 Oct 2020 12:00

RNS Number : 8052A
UK Oil & Gas PLC
01 October 2020

UK Oil & Gas PLC

("UKOG" or the "Company")


Horse Hill oil field update: Horse Hill-1 Portland intervention commences


UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that following this morning's arrival of a small workover rig, planned routine intervention operations at its 85.635% owned Horse Hill-1 well have now commenced. The short intervention seeks to further optimise oil flow via reperforating the full Portland oil producing section, insertion of a new simplified production tubing string and by setting the downhole pump at a deeper level to increase pumping efficiency.

Further updates will be issued in due course following completion of the intervention.

The Horse Hill Portland and Kimmeridge oil field is operated by UKOG's subsidiary company Horse Hill Developments Ltd ("HHDL"), in which UKOG has a direct 77.9% interest. HHDL has a 65% interest in the field and surrounding PEDL137 and PEDL246 licences, with the remaining 35% interest held by UKOG's wholly owned subsidiary, UKOG (137/246) Ltd.


Qualified Person's Statement


Matt Cartwright, UKOG's Commercial Director, who has 37 years of relevant experience in the global oil industry, has approved the information contained in this announcement. Mr Cartwright is a Chartered Engineer and member of the Society of Petroleum Engineers.


Stephen Sanderson UKOG's Chief Executive commented:


"We look forward to safe, swift and successful operations and to the resumption of stable oil production at Horse Hill as soon as possible."


For further information, please contact:


UK Oil & Gas PLC


Stephen Sanderson / Kiran Morzaria


Tel: 01483 941493

WH Ireland Ltd (Nominated Adviser and Broker)


James Joyce / James Sinclair-Ford


Tel: 020 7220 1666

Novum Securities (Joint Broker)


John Belliss


Tel: 020 7399 9400



Brian Alexander

Tel: 01483 941493





oil field

an accumulation, pool or group of pools of oil in the subsurface that produces oil to surface



The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact or visit may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Date   Source Headline
2nd Apr 20247:00 amRNSAnnual Report for the year ended 30 September 2023
27th Mar 20247:00 amRNSLoxley Gas Project Update
19th Mar 20245:00 pmRNSBroadford Bridge Planning Update
13th Mar 20249:29 amRNSLoan Reduction via Equity Share Subscription
5th Mar 20243:28 pmRNSResult of Reconvened General Meeting
1st Mar 20247:00 amRNSRevised Timetable for Capital Restructuring
23rd Feb 20241:01 pmRNSNotice of General Meeting Resumption
22nd Feb 20244:37 pmRNSEmployee Benefit Trust Share Subscription
16th Feb 20241:54 pmRNSGeneral Meeting Adjournment
2nd Feb 20242:08 pmRNSPinarova-1 Testing Operations Update
1st Feb 20241:53 pmRNSProposed Capital Reorganisation
23rd Jan 20243:48 pmRNSLoan Balance Reduction via Equity Share Issue
23rd Jan 20247:00 amRNSPinarova-1 Testing Operations Commence
12th Jan 20247:00 amRNSSuccessful Placing
11th Jan 20247:00 amRNSTurkey: Pinarova-1 Testing
10th Jan 202411:39 amRNSEquity Share Issue and Reduction in Loan Balance
9th Jan 20242:00 pmRNSCourt of Appeal Upholds Loxley Planning Consent
3rd Jan 20241:04 pmRNSTurkey: Pinarova-1 Operations Re-Commence
15th Dec 20237:00 amRNSTurkey: Pinarova-1 Testing Update
12th Dec 20237:00 amRNSHorse Hill Work Programme Extended by NSTA
11th Dec 20237:00 amRNSHorse Hill Farmin Update
8th Dec 20237:00 amRNSHorse Hill Developments Update
21st Nov 20237:00 amRNSTurkey: Pinarova-1 Testing Latest
3rd Nov 202312:13 pmRNSEquity Share Issue
13th Oct 20237:00 amRNSTurkey: Pinarova-1 Testing Update
22nd Sep 20237:00 amRNSTurkey: Pinarova-1 Testing Update
3rd Aug 20238:01 amRNSLoxley High Court Update
20th Jul 202310:44 amRNSHigh Court upholds Loxley Planning Consent
13th Jul 20237:00 amRNSAvington Oil Production to Restart
28th Jun 20237:00 amRNS£3 million funding facility
26th Jun 20232:13 pmRNSUnaudited results six-month ended 31 March 2023
21st Jun 20237:00 amRNSHorse Hill Update
8th Jun 20237:00 amRNSLoxley High Court hearing
23rd May 20239:06 amRNSTurkey: Pinarova-1 Testing Update
5th May 202312:12 pmRNSResult of Annual General Meeting
3rd May 20237:00 amRNSTurkey: Pinarova-1 Update
25th Apr 202312:30 pmRNSHolding(s) in Company
25th Apr 202312:13 pmRNSTurkey: Pinarova-1 drilling ahead
24th Apr 20237:00 amRNSHolding(s) in Company
21st Apr 20238:40 amRNSTurkey: Pinarova-1 oil shows & testing
18th Apr 202311:51 amRNSTurkey: Pinarova-1 casing set
13th Apr 202312:56 pmRNSHolding(s) in Company
13th Apr 20239:39 amRNSTurkey: Pinarova-1 reaches first casing point
11th Apr 20237:05 amRNSNotice of Annual General Meeting
11th Apr 20237:00 amRNSTurkey: Pinarova-1 drilling commences
5th Apr 20234:51 pmRNSHolding(s) in Company
3rd Apr 20237:00 amRNS2022 Annual Report and Accounts
31st Mar 20234:44 pmRNSAnnual Accounts for year ended 30 September 2022
31st Mar 20237:00 amRNSTurkey: Pinarova-1 construction completed
30th Mar 20231:44 pmRNSHolding(s) in Company

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.