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Investegate |UK Oil & Gas PLC Announcements | UK Oil & Gas PLC: Interim Results investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
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: Angus Energy provides update on re-evaluation of the Lidsey field (PL 241) 22 Feb 2021 AIM-listed Angus Energy has provided an update and presentation on recent work done by the Company on reprocessing and reinterpreting the Lidsey seismic data. One of the conclusions of the work is that previous seismic mapping both underestimated the aerial extent of the reservoir and most importantly its shape. As a consequence of which, the presentation addresses the likelihood that both wells X1 and X2 have been addressing the flank or edge of the structure rather than its crest. The Company therefore intends to acquire a new line of seismic data and reprocess the existing seismic lines. Angus will reinterpret and remap the field using the new data with the aim of identifying a new drilling target. Assuming the further seismic line does not result in a wholly unexpected remapping, the Company will then explore farmout or other financing for a short sidetrack ba ....
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. ....