UK Oil & Gas (UKOG)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

0.024p
   
  • Change Today:
      0.004p
  • 52 Week High: 0.76
  • 52 Week Low: 0.023
  • Currency: UK Pounds
  • Shares Issued: 3,660.96m
  • Volume: 132,133,711
  • Market Cap: £0.88m

UK Oil gets £0.68m payment from Horse Hill Developments

By Josh White

Date: Friday 08 Dec 2023

LONDON (ShareCast) - (Sharecast News) - UK Oil & Gas reported a positive financial development related to the Horse Hill oil field on Friday.
The AIM-traded firm said the field's operator, Horse Hill Developments (HHDL), had made a payment of £0.68m to UKOG.

It said the payment served as partial repayment of certain historic shareholder loans.

UKOG holds an effective 85.635% interest in the Horse Hill oil field and the surrounding PEDL137 licence.

Additionally, the company has a direct shareholding of 77.9% in HHDL.

The Horse Hill oil field's profitability enabled the payment, underscoring its ongoing economic viability.

At 1559 GMT, UK Oil & Gas shares were down 7.04% at 0.03p.

Reporting by Josh White for Sharecast.com.

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UK Oil & Gas Market Data

Currency UK Pounds
Share Price 0.024p
Change Today 0.004p
% Change -14.29 %
52 Week High 0.76
52 Week Low 0.023
Volume 132,133,711
Shares Issued 3,660.96m
Market Cap £0.88m

UK Oil & Gas Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
76.81% above the market average76.81% above the market average76.81% above the market average76.81% above the market average76.81% above the market average
91.67% above the sector average91.67% above the sector average91.67% above the sector average91.67% above the sector average91.67% above the sector average
Price Trend
99.31% below the market average99.31% below the market average99.31% below the market average99.31% below the market average99.31% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Income Not Available
Growth
28.93% below the market average28.93% below the market average28.93% below the market average28.93% below the market average28.93% below the market average
52% below the sector average52% below the sector average52% below the sector average52% below the sector average52% below the sector average

UK Oil & Gas Dividends

No dividends found

Trades for 02-May-2024

Time Volume / Share Price
17:07 2,500,000 @ 0.024p
15:46 45,000,000 @ 0.023p
16:28 400,000 @ 0.024p
16:24 9,801 @ 0.023p
16:24 1,367,489 @ 0.024p

UK Oil & Gas Key Personnel

CEO Stephen (Steve) Sanderson

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