News Oil & Gas

UKOG applies for three more Turkey oil licences

UK Oil & Gas plc (UKOG) and its joint venture partner Aladdin Middle East (AME) have applied for three further exploration licences in the southeast of Turkey. UNDRILLED FEATURES The application covers four 150 km² blocks to the south and southeast of the company’s 305km² Basur-Resan licence, with UKOG responsible for its 50% share of […]

News Oil & Gas

West Newton B-1Z oil drill surpasses expectations

The West Newton joint venture reported drill results exceeding expectations, suggesting the site could be the largest UK onshore hydrocarbon discovery since the 1970s.  JOINT VENTURE Rathlin Energy UK (Ltd) has a 66.67% interest in PEDL183, and Reabold Resources plc investment company has a 59% share in Rathlin and a 16.665% direct licence share. Union […]