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 […]
Tag: UKOG
UKOG soon to resume oil production at Horse Hill
UK Oil & Gas plc (UKOG) expects to resume oil production soon following the arrival of a small workover rig at the company’s Horse Hill site north of Gatwick. Planned routine intervention operations at UKOG 85.635% owned Horse Hill-1 well have also started. The short intervention aims to optimise oil flow via reperforating the full […]