UK Oil & Gas Plc (AIM: UKOG), a UK and internationally focused energy company, is pleased to announce its full year results for the full year ended 30 September 2020. A copy of the full annual report and details of the Company s annual general meeting will be posted to shareholders in due course. A copy of the full annual report will also be made available on the Company s website: www.ukogplc.com Qualified Person s Statement Matt Cartwright, UKOG s Commercial Director, who has 38 years of relevant experience in the global oil industry, has approved the information contained in this announcement. Mr Cartwright is a Chartered Engineer and member of the Society of Petroleum Engineers.
UK: Judge upholds injunction against unlawful protest at UKOG s Horse Hill site
10 Feb 2021
UK Oil & Gas (UKOG) has announced that the High Court has upheld the Company s injunction against unlawful protest at the
Horse Hill site near Gatwick Airport.
Having conducted a comprehensive review of the case, the Judge, Mrs. Justice Falk DBE found, yesterday, that:
There was a sufficiently real and imminent risk to justify the interim injunction order and its revised scope (see the Company s 5th February RNS), which prohibits trespass to the site s land, obstruction of the main entrance and lorry surfing.
The injunction is a reasonable and proportionate restriction on protesters activities. The order does not prevent slow walking or simply standing outside the site, provided that this does not physically obstruct anybody entering or leaving the site.
UK: UKOG provides Horse Hill oil field update
18 Jan 2021
Horse Hill oil field.
Production
To date, the field has produced and exported over 132,000 barrels ( bbl ) of Brent quality crude from its Kimmeridge and Portland oil pools.
Despite the planned October and November downtime for the Horse Hill-1 ( HH-1 ) intervention, the total Portland oil production for the first quarter of UKOG s 2020/21 financial year to December 2020 was 7,045 bbl. The average production uptime was 57% over the period and ranged from 37% during October s main HH-1 intervention period, to 85% in November, post-intervention.
As announced on 5 November 2020, we safely completed an intervention to reperforate the full Portland oil producing section, insert a new simplified production tubing string and set the downhole pump at a deeper level to increase Portland pumping efficiency.