UK Oil & Gas plc (UKOG) said it had completed the second instalment due under the sale and purchase agreement with PW Well Test Ltd (PW) for surface production equipment for Horse Hill oil site in Surrey. UKOG bought the equipment from PW for £1.65 million with the purchase to be made in three equal […]
Tag: UK Oil & Gas
UKOG to appeal against Loxley gas appraisal refusal
UK Oil & Gas plc (UKOG) will appeal against Surrey County Council’s decision to refuse planning permission for its Loxley-1 gas appraisal project near Dunsfold. The council issued a decision notice on Tuesday (15 December 2020) following the planning committee’s refusal in November over concerns of highway safety and the impact on landscape. bit.ly/2WsmeOP UKOG […]
UKOG looks to appeal against Loxley refusal
UK Oil & Gas plc said it would likely appeal against Surrey County Council’s refusal to grant permission for gas appraisal at its PEDL234 licence in Loxley. ISSUES The council’s planning committee ruled against officers’ recommendations to approve the company’s 100% owned Portland gas appraisal project. UKOG said that all issues concerning planning, environmental and […]
UKOG starts test at Horse Hill for increased oil flow
UK Oil & Gas plc (UKOG) has completed surface-based intervention operations at Horse Hill-1 well (HH-1) which has now been shut in for a long term pressure build-up test (PBU). The company, which owns 85.635% of HH-1, said that the test would provide the data necessary to understand whether the Portland reperforation programme had achieved […]
UKOG plans for Loxley to be redetermined
UK Oil & Gas plc will have its application for a gas appraisal project in Loxley near the village of Dunsfold redetermined in November by Surrey County Council. ACCUMULATION The local authority refused permission at an earlier hearing against its officers’ recommended approval. Technical issues resulted in a rerun and the application will be now […]
UKOG raises £2.2m to fund Turkish Resan oil project
UK Oil & Gas plc said it has raised £2.2million to fund its share of initial drilling and seismic costs for the Turkish Resan oil project. UKOG announced on 23 July 2020 that it had signed a binding heads of agreement with Aladdin Middle East Ltd (AME) to take a 50% interest in the oil […]