UK Oil & Gas plc (UKOG) has received permission to drill the forthcoming Basur-3 appraisal well located in the Resan licence, Turkey. The Turkish Ministry of Energy and Natural Resources granted approval to UKOG Turkey and its joint venture partner and site operator Aladdin Middle East (AME). UKOG Turkey, a wholly owned UKOG subsidiary, has a 50% […]
Tag: UK Oil & Gas plc (UKOG)
UKOG to start drilling in early 2021 at Turkish Resan
UK Oil & Gas plc (UKOG) aims to start drilling in early 2021 at the 305 km² Turkish Resan licence in which it has a 50% interest. The hydrocarbon exploration and development company executed the farm-in participation agreement last Wednesday (4 October) with Aladdin Middle East Ltd (AME) for its share in the project. UKOG […]
UKOG-Egdon-Angus give up Holmwood oil licence
UK Oil and Gas announced today that it had relinquished its oil licence PEDL143 in Holmwood, Surrey, in which it held a 67.5% stake. The other main partners in the licence who have also given up their interests are Egdon Resources plc (18.4%) and Angus Energy (12.5%). UKOG said that a detailed study had been […]