UK Oil & Gas plc (UKOG) said that the secretary of state had recovered the company’s appeal against Surrey County Council’s refusal to allow the Loxley gas appraisal drilling project. ISSUES The company added that the planning inspectorate had informed UKOG of the move. Michael Gove, in charge of the department for levelling up, housing […]
Tag: UK Oil & Gas plc (UKOG)
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% […]
UKOG to complete Phase I of 2D seismic ahead of drilling at Basur-Resan JV
UK Oil & Gas plc (UKOG) said that the first tranche of 2D seismic acquisition is due to be completed within Q2 2022 at its Basur-Resan 50% joint venture in Turkey. SEISMIC The company holds a non-operated interest with partner and operator Aladdin Middle East (AME). During August, AME temporarily halted drilling of the proposed […]
UKOG JV pauses drilling at Basur-3 for new seismic acquisition
UK Oil & Gas plc’s joint venture (JV) partner has paused drilling for new seismic data after a directional drilling assembly became stuck in Basur-3 (B3) appraisal oil well in Turkey. DEVIATED SIDETRACK The directional drilling assembly became stuck after the well reached a drilled depth immediately above the Garzan and Mardin targets, which remain […]
UKOG granted extension to drill at Horse Hill
UK Oil & Gas plc (UKOG) has been granted a two-year extension to drill in its licences at Horse Hill oil field near Gatwick, southeast England. The company said that the Oil & Gas Authority gave approval to the remaining drilling deadlines at PEDL137 and PEDL246 in response to Covid-19. These are needed to satisfy […]
UKOG raises £462,554 via open offer
UK Oil & Gas plc raised £462,554 from an open offer to shareholders. The company received valid applications in respect of a total of 256,974,621 new ordinary shares in the company.