UK Oil & Gas share price drops as firm strikes farm-in deal with Edgon Resources June 29, 2015 Shares in UK Oil & Gas Investments (UKOG) tumbled yesterday after the firm announced it has increased its interest in the Weald Basin, where the so-called Gatwick Gusher is located, through a farm-in agreement with Egdon Resources. UKOG has bought a 20 per cent interest in an onshore licence located to the immediate west of [...]
UK Oil & Gas share price jumps as new report shows “significant” oil volumes in Horse Hill June 18, 2015 Horse Hill – the so-called "Gatwick Gusher" – could have as many as 9.25bn barrels of oil sitting underneath it, a report has suggested. Shares in UK Oil & Gas (UKOG), the oil explorer whose share price has yoyoed in response to speculation over the site, near Gatwick, opened 14 per cent higher today, after [...]
“Gatwick Gusher” firm UK Oil & Gas share price rises as it extends Isle of Wight exploration license June 15, 2015 Shares in UK Oil & Gas (UKOG), the oil exploration company whose shares rocketed earlier this month after it suggested the amount of oil at its Horse Hill well near Gatwick was almost twice as much as previously thought, jumped 4.2 per cent to 2.37p as the market opened, after it was granted a year-long [...]
UK Oil and Gas Investments share price slides after funding announcement June 11, 2015 Shares in the firm exploring oil reserves in the Weald Basin near Gatwick airport have opened lower following a new round of funding. UK Oil and Gas Investments shares were as much as four per cent lower in early trading after it announced a share sale raised £6m after Wednesday's market close. Shares closed down [...]
UK Oil and Gas Investments’s share sale raises £6m June 10, 2015 UK Oil and Gas Investments (UKOG) has raised £6m to fund its oil exploration in the Weald Basin. The Aim-listed company placed more than 200m ordinary shares at 2.25 pence per share. Ukog shares fell as much as six per cent to 2.35 pence per share in Tuesday trading, after the company confirmed it's in [...]
UK Oil and Gas Investments share price rockets on new Horse Hill oil report estimating more oil June 5, 2015 Shares in UK Oil and Gas Investments rocketed by as much as 52 per cent in early trading after it published a new report on the amount of oil located at Horse Hill near Gatwick. Shares in the Aim-listed oil exploration firm were suspended yesterday pending the announcement. The new report estimates overall oil in place (OIP) [...]
UK Oil and Gas Investments shares suspended pending Horse Hill oil announcement June 4, 2015 Trading in the shares of UK Oil and Gas Investments has been temporarily suspended pending an announcement about the firm's Horse Hill oil reserves. Shares were suspended on Aim from 7.30am Read more: "Gatwick gusher" shares are going berserk "The company has requested the temporary suspension of trading in its shares, pending an announcement in relation [...]
UK Oil and Gas investments share price jumps after extending Horse Hill Gatwick oil licenses May 13, 2015 UK Oil and Gas Investments (UKOG), the company exploring oil reserves in the area of Horse Hill near Gatwick, has had its licence extended, sending shares up more than six per cent in afternoon trading. Regulators have approved a year-long extension to licences held by Horse Hill Developments, the company in which UKOG holds a stake, [...]
UK Oil and Gas Investments share price jumps on another Horse Hill oil estimate upgrade May 11, 2015 Shares in UK Oil and Gas Investments (UKOG), the company behind the oil discovery at Horse Hill near Gatwick, were up six per cent in early trading after estimates for how much oil there is in sandstone rocks in the area were upgraded. The new estimates are separate to the one made last month claiming [...]
UK Oil & Gas Investments share price dips after issuing second clarification on Horse Hill Gatwick “100bn barrels” oil discovery claim May 5, 2015 UK Oil & Gas Investments (UKOG), the firm behind a potentially huge oil discovery at Horse Hill near Gatwick, has issued a second statement clarifying the size of the find following comments made by the company's chairman. Shares dipped more than three per cent in afternoon trading after spiking as much as five per cent [...]