UKOG completes acquisition of additional Horse Hill stake
It takes UKOG's stake in the HHDL unit to 49.9%, meaning it now has a 32.435% interest in the underlying Horse Hill project
Company
UK Oil & Gas PLC
LON:UKOG
UKOG focusses primarily on oil and gas assets located in the Weald Basin in southern England where oil and gas drilling has been taking place for well over 100 years. Modern technologies have dramatically altered the methodology of the business – and subsequently drastically reduced the environmental impact for local communities and residents. Get your cbd oil delivery from USA UKOG, thanks to its policy of investing in expert advice from the world’s major analysts, is leading the way in ensuring that any oil and gas developments are conducted with full respect to the countryside and a determination to preserve the well-being and way of life of local residents. UKOG’s shares are listed and trade on London’s Alternative Investment Market (AIM). The current portfolio includes eight oil and gas assets held under Petroleum Exploration and Development Licences (PEDL). All assets are onshore. The Company is well funded and plans to grow its core UK Weald business with a programme of development and acquisition. Our technical team is driving the “proof of concept” for the new and potentially significant Weald Kimmeridge limestone naturally-fractured oil play, demonstrated by the successful Horse Hill-1 exploration well.
373 stories · page 3 of 4
Archive
Proactive Weekly Oil & Gas Round-up: Trinity Exploration & Production, Range Resources, UK Oil & Gas Investments ...
A look at the world of small cap oil and gas news this week
UKOG shares trade positively on Broadford Bridge side-track news
The side-track in the Broadford Bridge well will allow UKOG to carry out a production flow test
Archive
Small caps movers: blur Group booms as it starts afresh
A look back at some of the week's more interesting stories from the junior market
UKOG shares rise as investors look forward to Broadford Bridge production test
The company now has all regulatory approvals necessary for a planned flow testing programme
Solo Oil upside eyed by house broker ahead of pivotal Horse Hill planning decision
A longer term production test and a programme of two new wells could be in store, if a planning decision goes in favour of the group of oil companies invested in Horse Hill.
Solo Oil maybe odd-one-out among the Horse Hill players but analyst sees substantial upside
Attention will turn back to Horse Hill in due course, meanwhile, investors are also looking to developments in Tanzania.
Archive
Sound Energy puts focus on Morocco, UKOG sees more success at Broadford Bridge, and Hurricane banks more capital
Sound Energy turned the conversation to it successes at Tendrara, in eastern Morocco, where it is now planning its next moves.
UKOG sees another “intensely fractured” oil zone in Broadford Bridge well
“Whilst there is always uncertainty in any new well and testing outcome, the technical results from BB-1 to date continue to remain both positive and most encouraging."
Premier Oil’s world class Mexico discovery was the week’s stand-out
Premier Oil, Providence Resources, UKOG, Europa Oil & Gas and 88 Energy were all among the oil and gas sector's top stories this week.
UKOG’s Broadford Bridge well results are “exceedingly positive” - broker
“In our opinion, the indications are exceedingly positive."
Archive
Proactive end of day news round-up: UK Oil & Gas, 88 Energy, Aminex ...
A glance at some of the stories on the Proactive newswire today
UKOG unveils “ground breaking” results from Broadford Bridge well
The latest update from Broadford Bridge confirms a massive, 1,490 feet, continuous oil deposit.
Michelmersh Brick gets Battersea boost
From Telford to the Thames ... Michelmersh's bricks from its Blockleys plant in Telford will be used on one of London's most iconic structures
UKOG picks up more of Horse Hill ahead of planning meeting
"This acquisition fits perfectly within UKOG's stated strategy to further consolidate and increase its holdings in the Kimmeridge oil play"
Investments and investor services
FTSE 100 closes 19 ahead with miners in support
The top-shares index pushed on again in the afternoon session despite an indifferent showing on Wall Street
Archive
Proactive Weekly Oil & Gas Round-up: Petro Matad, Hurricane Energy, Sound Energy ...
A look at the world of small cap oll and gas news this week
Broker puts UKOG target under review as Broadford Bridge results beat expectations
WH Ireland's target price was surpassed earlier this week driven by the excitement surrounding the Broadford Bridge exploration well in Southern England.
UKOG gets green-light for Broadford Bridge flow test
"This enables us to move onto the next phase of operation at Broadford Bridge," said Stephen Sanderson, UKOG executive chairman.
David Lenigas gets Twitter-happy about share price gains of firms tied to Horse Hill oil discovery
Shares in a number of companies with stakes in the Horse Hill oil project have rallied today
The Horse Hill follow-ups are taking big steps forward
UK Oil & Gas Investments (UKOG), Angus, Doriemus and Alba all had news on Monday as they work to follow up the breakthrough success of the Horse Hill discovery, in southern England.
LPA Group shares fall as it warns on political uncertainty
A look at the biggest risers and fallers among the UK's small caps today
UKOG says Broadford Bridge appears to corroborate Gatwick Gusher success
“The coring programme continues to deliver positive results and important new insights," said UKOG chief executive Stephen Sanderson.
Archive
Proactive weekly oil & gas round-up: Echo Energy, Sound Energy, Hurricane Energy ...
A look at the world of small cap oll and gas news this week
UK Oil & Gas’s Broadford Bridge well can be the litmus test for Weald Basin believes analyst Gray
“Broadbridge Bridge well may prove a litmus test for whole play”
Are Horse Hill partners still a ‘strong stable’ or are Gatwick Gusher bosses becoming a coalition of chaos?
The run of positive well results may are de-risking and value-adding, but, there are signs that Horse Hill’s partner politics could be heading for a ‘coalition of chaos’.
UK Oil & Gas Investments Broadford Bridge well uncovers signs of gas; Lenigas bullish
It has now begun the process of coring, where samples are extracted from the areas most likely to be hydrocarbon-bearing
UKOG Investments is nearing Kimmeridge targets in Broadford Bridge well
BB-1 is targeting four intervals in the Kimmeridge limestone play, which was successfully tested at the Horse Hill discovery.
What is in the water? UKOG reveals make up of its drilling fluid
Getting on the front-foot the onshore UK oiler has published an inventory of the additives it is using in its 'drilling fluid', which is still described as "primarily water".
Directional drilling underway at UKOG’s Broadford Bridge-1 well in Weald Basin
The well has been cased and cemented, and directional got underway on Monday evening
Mineral & Financial buoyed by Portuguese expansion
Mineral & Financial Investments buoyed by Portuguese expansion. Lidco rises on FDA approval for bloodflow monitor, Zambeef profits slump but Tricorn surprises pleasantly
UKOG spuds Broadford Bridge-1 well in Weald Basin
The planned overall horizontal deviation of the well is approximately 1 km to the north-northeast of the well site.
Archive
Proactive weekly oil news- UK Oil & Gas Investments PLC, COPL and more
A look at the week's significant small cap oil and gas news
Will UK Oil & Gas Investments emulate the success of the Gatwick Gusher with Horse Hill lookalike?
Over the last two to three decades around 30 wells have been drilled into the Kimmeridge layer of the Weald Basin, which underlies the south and south-eastern corner of the country. However those 30 wells never tested for oil as the sedimen
Petrofac’s slide continues as RBC slashes price target
Some of the main risers and fallers in London at 3.45pm
UKOG set to start drilling Horse Hill lookalike in Weald Basin
Broadford Bridge-1 (BB-1) will test a geological look-alike to Horse Hill, located on the southern flank of the Weald Basin.
Archive
Proactive weekly oil news - Plexus Holdings, UK Oil & Gas Investments, Hurricane Energy and more
A look at the week in the small cap oil and gas sector
Pantheon Resources up as its says it can develop a processing facility that should produce gas for less than US$5 a barrel
A look at some of the biggest London-listed risers and fallers today
UKOG raises £6.5mln ahead of new onshore well programmes
"This fundraising, the largest in the company's history, has illustrated great confidence in our strategy to deliver near-term commercial production"
Archive
SMALL CAP MOVERS: Relaunched LGO Energy fuelled by new boss’s ambition
A look back at some of the week's more interesting stories from those on the junior market
InfraStrata jumps as investors requisition meeting to remove its entire board
A look at some of the biggest London-listed risers and fallers today
UKOG takes more time for Markwells Wood planning application
“Our target of drilling Markwells Wood by Q2 2019 is unlikely to be affected," says executive chairman Stephen Sanderson.
Archive
‘Exciting’ 88 Energy Plc set for pivotal result in Alaska
A 30 to 45-day drill programme got underway on Alaska's North Slope earlier this week.
UK Oil & Gas Investments Horse Hill lookalike well joins the watch list along with Kazakh pair
Two companies, three wells
Archive
Proactive news round-up: Solo Oil, UK Oil & Gas, AdEPT Telecom ...
A glance at some of the stories on the Proactive newswire today
UK Oil & Gas Investments readies for work on new Weald Basin well
The company already has planning permission for Broadford Bridge-1 (BB-1) in West Sussex and the drill pad has been constructed.
Horse Hill partners land extensions for Gatwick Gusher licence and nearby area
The update from the partners also provided a timeline for testing the Horse Hill well in Surrey as well as setting out a detailed work programme.
Angus Energy denies Brockham drilling was ‘unauthorised’
“The company is of the firm opinion that the drilling of the BR-X4Z well, which was approved by the OGA, EA and HSE, did not constitute a breach of the planning consents," Angus said.
UK Oil & Gas Investments shares tipped to double as confidence builds over Weald basin discoveries
“We believe that UKOG’s assets are at the early stage of appraisal and that further appraisal and testing have the potential to unlock what we believe to be the most exciting potential new resource the onshore UK oil & gas sector has seen i
Europa Oil & Gas deals Angus Energy into Holmwood project in Weald basin
“As the operator of the nearby Brockham oil field, Angus can provide invaluable technical insights in tandem with our other partners including UKOG, a major stakeholder in the Horse Hill discovery."
UK Oil & Gas Investments lands Isle of Wight extension
The firm will submit a planning application to drill in the coming year.
Archive
Proactive news round-up: Scancell Holdings, Defenx, Sirius Minerals ...
A glance at some of the stories on the Proactive newswire today
Horse Hill explorers step up momentum as confidence grows
In the first-half of next year UKOG will move 11 miles along the road from Horse Hill to the PEDL234 licence area
Was Horse Hill just a blip? We'll find out soon
UKOG probably won’t be the first cab off the block as a number of rivals are planning similar exploration programmes.
UKOG plans new well to test billion barrel ‘Horse Hill mirror’
Broadford Bridge, which like Horse Hill has been estimated to host billions of barrels of oil, is one of a number of new projects planned for 2017 that aim to replicate the standout success of the 'Gatwick Gusher'.
David Lenigas’s Doriemus confirms spot in UKOG’s Isle of Wight venture
Executive chairman David Lenigas highlighted what he called “tremendous potential” within the PEDL331 area.
Starting pistol fired for next phase of Horse Hill oil field development
The application is for a new, extended production test on the existing well - as well as a programme to drill two new wells.
Is the Gatwick oil driller ready to gush again? King of Charts Zak Mir sees trading opportunity
Zak Mir, in a TIP TV segment for Proactive Investors, explained that UKOG shares should soon rise to around 2.5p.
Archive
IS UKOG ready to hit top gear?
It's what we at Proactive politely refer to as a nutter stock because its movements often defy logic. Here our resident rune reader tries to make sense of UKOG.
Europa Oil & Gas cashes out part of Wressle to Union Jack Oil
Europa earmarks £600,000 from the sale for the Holmwood project near Horse Hill and plans drilling in 2017
Doriemus sees a lot more oil near Horse Hill
Horse Hill company identifies 282 million barrels of oil at nearby well
Is UK Oil & Gas set to more than double in value?
We had our chart guru look at UK Oil & Gas, one of the leading players developing the Horse Hill, the so-called Gatwick gusher. But will the shares gush too?
Risers & Fallers: Altitude, Epwin, OptiBiotix, Patisserie Holdings, Serabi Gold, UK Oil & Gas
Altitude Group hit the heights as its chairman bought 135,000 shares
Archive
Proactive oil highlights: Active Energy, Cairn Energy, Gulfsands, KrisEnergy, SoloOil and more...
Round up of this week's oil news from the world of Proactive.
UK Oil & Gas ups stake further in Horse Hill
UKOG now owns 31.2% of the project, through a 48% stake in HHDL a consortium that has 65% interest in the two licences.
Gatwick Gusher: Horse Hill’s Portland oil zone upgraded
Nutech upped oil in place figures for the Portland zone by some 200%, meanwhile work has begun for a planning application for the next phase of work at Horse Hill.
Horse Hill partners granted two-year licence extension
Horse Hill could be one of the most important onshore UK discoveries ever, having flowed at rates of almost 1,700 barrels per day from just one oil-bearing zone.
Archive
Proactive news highlights: FairFX, Allergy Therapeutics, SalvaRx, Akers Biosciences, GW Pharma & more
Low-cost currency provider FairFX enjoyed its best ever week last week thanks to heightened trading activity amid the UK’s EU referendum vote.
Holmwood exploration venture boosted by licence extension
Extending the licence to October 1 2018 allows a proposed drill programme to go ahead, Europa highlighted.
Trending: G4S under scrutiny again after Orlando shooting
Shares in the security firm slumped this morning after it emerged that the gunman responsible for the shooting in Orlando was one of its employees.
UKOG expands footprint and adds drilling opportunity in Weald basin
The more than doubles UKOG’s net acreage holdings in the prime Kimmeridge limestone oil province.
Investments and investor services
Proactive Investors small cap highlights: IGas, Westminster...
IGas Energy and Egdon Resources are among few listed companies with a piece of Britain’s promised shale gas boom.
Archive
Proactive oil highlights: 88 Energy, Genel Energy, Haydale, Mosman, Union Jack and more
The weekly round up news and updates from the world of oil
Horse Hill investor UKOG brings in £4mln to advance portfolio
It recently lifted its stake in two Horse Hill licences to 27.3%.
Investments and investor services
Risers & Fallers: Alba Minerals, Daily Mail, Onzima, Pan African, SDX Energy, UK Oil & Gas
Daily fail. The owner of the popular tabloid saw half-year profits slump 11% from a year earlier.
Risers and Fallers: Rosslyn Data Technologies, Action Hotels, Progility ..
Major share price risers and fallers in London at 4.00pm
UKOG ups stake in Horse Hill as EY extols UK’s new onshore oil play
Stephen Sanderson, UKOG CEO, said it was a ‘logical step’ and highlighted it is part of an ongoing strategy to consolidate and expand the company’s position in the significant new oil play.
London Aim shares advance while FTSE 100 dips
The top-share index fell back but shares on the junior market firmed
Investments and investor services
Iofina sparkles as blue-chips get off to lacklustre start
If you are looking for big share price movements, do not bother looking at FTSE 100 stocks
Archive
Oil & gas highlights: Cluff Natural Resources PLC, Green Dragon Gas PLC, LGO Energy
UK Oil & Gas Investments chief executive Stephen Sanderson reckons the aggregate flow of oil measured in the Horse Hill programme would be equivalent to 8.5% of the UK’s total daily production from onshore fields.
Archive
Proactive news summary: ANGLE PLC, Avation PLC, CloudTag, DP Poland and more...
"Outstanding" and unexpected results at the Horse Hill site near Gatwick, Amur Minerals completes its annual ice road and a potential breakthrough for ANGLE cancer testing.
Most followed: Sainsbury's, Tungsten Corporation, UK Oil & Gas, Solo Oil PLC and YouGov
Sainsbury's to take on Amazon after Argos bid and unexpected news from Horse Hill.
Horse Hill test flows equate to 8.5% of Britain’s daily onshore production
The final Horse Hill test measured oil flows at a rate of 323 bopd from the Portland reservoir, which takes the aggregate for the discovery’s three tested zones to 1,688 bopd.
Archive
Proactive news summary: Abzena PLC, Breedon Aggregates Ltd, Noricum Gold Ltd and more...
Metal Tiger chairman Terry buys £50,000 worth of shares in the AIM listed resources investor, news from Horse Hill and an update of Abzena's acquisitions.
Risers & Fallers, including Cairn Energy PLC, Metal Tiger PLC, UK Oil & Gas PLC ...
Here are some significant movers at around 2.00pm midweek....
Horse Hill: Who is behind the Gatwick Gusher?
If you don’t yet have a horse in the race, here are the runners and riders.
Horse Hill performs well in another test
It flowed at an instantaneous rate above 1,000 bopd, before averaging 838 bopd over a 7.5 hour period.
Archive
Proactive news summary: Amur, Aureus, Forbidden, Purecircle and more...
Horse Hill off to the races, Forbidden technologies extends contract and PureCircle doubles earnings.
London shares brush off bank and manufacturing gloom
Markets looked on the bright side, driving up the FTSE 100 Index by 48.15 points to 6145 at lunchtime
Risers & fallers: Tribal, Servelec, Atlas Development, Fresnillo..
Major share price risers and fallers in London at 4.30pm
Horse Hill’s second test zone impresses
Horse Hill’s Upper Kimmeridge zone, the second of three zones to be tested, has flowed oil to surface at a rate in excess of 900 barrels per day.
Regency Mines seals Horse Hill acquisition
The transaction, valued by Regency at £400,000, sees the AIM quoted company making a share payment as well as £223,730 in cash.
Regency Mines back in the Horse Hill saddle
New testing success has prompted a return to the UK oil project which Regency exited last April.
Risers and fallers: Tribal Group, Stratmin Global Resources, UKOG, Northcote Energy, 88 Energy...
Main share price risers and fallers in London at 4pm
Horse Hill: Second well test also flows above 450 bopd
A second test, carried out yesterday, lasted for nine hours and oil flowed at a rate of 456 barrels of oil per day.