UK Oil & Gas plc (UKOG) has secured a £3 million loan to fund planned activities over the next 12 months at its onshore operations in England and Turkey. USES The loan, from previous lenders RiverFort Global Opportunities PCC Ltd and YA II PN Ltd, holds 0% interest and is repayable 18 months after each […]
Tag: PEDL137 – PEDL246 – Horse Hill
UKOG could face further appeal against Horse Hill
UK Oil & Gas plc (UKOG) said it could face an appeal in the Supreme Court against the company’s grant for oil production at Horse Hill near Gatwick in Surrey. HEARING The company added that it would “strongly contest” any further action against its interests which total 85.635%. Alba Mineral Resources plc holds an 11.765% […]
UKOG receives NSTA approval for HH-2z well conversion
UK Oil & Gas plc (UKOG) said that the North Sea Transition Authority had approved the recompletion, or conversion, of Horse Hill-2z into a water reinjection well at the site in Surrey. INTERESTS The move follows approval from the Environment Agency on 4 May. The company holds an 85.635% operated interest in the Horse Hill oil […]
UKOG granted production permit for Horse Hill oil field
UK Oil & Gas plc (UKOG) said that the Environment Agency had granted the company a full production permit for its 85.635% owned Horse Hill oil field in Surrey. PERMISSIONS The company said it submitted its initial application for the permit 31 months ago on 24 September 2019. UKOG added that the permit issued today […]
EA minded to grant Horse Hill changes as public consultation begins
The Environment Agency (EA) has said it was minded to accept draft proposals for changes, including construction of four additional boreholes, at Horse Hill oil field near Gatwick in Surrey. VARIATION Operator Horse Hill Developments Limited (HHDL) applied to the EA for a variation of its permit covering a range of work. UK Oil & […]
UKOG to develop geothermal hub at Horse Hill oil site
UK Oil & Gas plc announced it aimed to develop a geothermal energy hub (GeoHub) on part of its oil production site at Horse Hill near Gatwick, Surrey. JOINT VENTURE UKOG added it envisaged continuing oil production at Horse Hill to the end of economic life before repurposing boreholes and transforming the site into 100% […]