IT Hardware
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.
Email this article to a friend
or share it with one of these popular networks:
Currency | UK Pounds |
Share Price | 0.025p |
Change Today | 0.001p |
% Change | -3.85 % |
52 Week High | 0.049p |
52 Week Low | 0.010p |
Volume | 729,534,519 |
Shares Issued | 33,249m |
Market Cap | £8.31m |
Value |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
---|
Price Trend |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
---|
Income | ![]() |
---|
Growth |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
---|
No dividends found |
Time | Volume / Share Price |
16:26 | 3,000,000 @ 0.025p |
16:25 | 81,663,729 @ 0.024p |
16:17 | 9,408,847 @ 0.024p |
16:17 | 57,923 @ 0.026p |
16:15 | 3,917,843 @ 0.026p |
You are here: research