User Notice: The site will be occasionally unavailable due to scheduled maintenance this weekend. Please accept our apologies for any inconvenience.

Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Uk Oil & Gas Plc LSE:UKOG London Ordinary Share GB00B9MRZS43 ORD 0.01P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.011 -4.3% 0.245 99,744,220 13:11:50
Bid Price Offer Price High Price Low Price Open Price
0.24 0.25 0.25 0.2375 0.25
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.21 -2.27 -0.08 31
Last Trade Time Trade Type Trade Size Trade Price Currency
15:01:07 O 803,212 0.249 GBX

Uk Oil & Gas (UKOG) Latest News

More Uk Oil & Gas News
Uk Oil & Gas Investors    Uk Oil & Gas Takeover Rumours

Uk Oil & Gas (UKOG) Discussions and Chat

Uk Oil & Gas Forums and Chat

Date Time Title Posts
07/5/202113:34UKOG strikes oil 2016147,497
07/5/202111:33OIL PRICE ABOUT TO ROCKET...NORTH SEA OIL PIPELINE COULD BE SHUT DOWN619
23/4/202120:44I wonder why?781
15/4/202123:01TIMBER!!!!!!!!!!1,791
08/4/202118:30whats happening?95

Add a New Thread

Uk Oil & Gas (UKOG) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
14:01:080.25803,2122,000.00O
13:58:220.253,381,0528,385.01O
13:41:220.25806,4512,000.00O
13:38:440.25900,0002,232.00O
13:35:550.24900,0002,187.00O
View all Uk Oil & Gas trades in real-time

Uk Oil & Gas (UKOG) Top Chat Posts

DateSubject
07/5/2021
09:20
Uk Oil & Gas Daily Update: Uk Oil & Gas Plc is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker UKOG. The last closing price for Uk Oil & Gas was 0.26p.
Uk Oil & Gas Plc has a 4 week average price of 0.21p and a 12 week average price of 0.11p.
The 1 year high share price is 0.55p while the 1 year low share price is currently 0.11p.
There are currently 12,543,135,050 shares in issue and the average daily traded volume is 170,191,530 shares. The market capitalisation of Uk Oil & Gas Plc is £30,730,680.87.
30/4/2021
11:53
cyan: Mcfly02 asked; "Anyone know when the approval for buying GUN HHDL stake will be given/expected? Do they meet monthly, quarterly?" Here is the history; 20th August 2018 RNS https://uk.advfn.com/stock-market/london/gunsynd-GUN/share-news/Gunsynd-PLC-Disposal-of-Interest-in-Horse-Hill/78099608 UKOG has agreed to pay Gunsynd an aggregate consideration of GBP 550,000, made up of GBP 50,000 in cash and the balance of GBP 500,000 by way of 28,571,429 UKOG shares priced at 1.75P being the bid price at the close of trade on 16 August. The SPA is conditional on the written consent of each of the members of HHDL to the sale of shares as set out in HHDL's articles of association. 11th March 2019 Disposal of Shares in UK Oil and Gas plc Gunsynd announces that it has disposed of 31,171,898 shares in UK Oil and Gas plc ("UKOG") at an average price of 1.405 pence per share for a total consideration of GBP437,966. Following this disposal, Gunsynd no longer holds an interest in UKOG. https://uk.advfn.com/stock-market/london/gunsynd-GUN/share-news/Gunsynd-PLC-Disposal-of-Shares-in-UK-Oil-and-Gas-p/7943 Bet they are glad they are out. look at the price achieved
29/4/2021
11:21
cyan: Isn't strange that UKOG RNS a no news article on the Geothermal association that they had already announced in the final results; YET do not RNS the VERY significant change in site storage and report these lines; "..the Applicant needs to determine the character and nature of the crude oil and its flow. This will involve the production of a relatively small quantity of crude oil at surface." More evidence of UKOG failing in their duty to RNS significant developments that may impact the share price. Only 'good' news allowed .
22/4/2021
10:23
hans christian andersen: UKOG @UKOGlistedonAIM · 41m TALKING TURKEY: Basur-3 continues to make double-quick progress, preparing for construction of rig pad and mud pits UKOG @UKOGlistedonAIM · 42m TALKING TURKEY: Basur-3 continues to make double-quick progress, preparing for construction of rig pad and mud pits Must be having twins. Double double-quick progress. We shall see.
20/4/2021
12:24
kemche: 12M - which of the following scenarios are you going with at the moment? onetomany - 02 Jan 2021 - 10:02:00 - 144725 of 147028 UKOG strikes oil 2016 - UKOG You don’t believe 700+ from stimulation? It will be / is. You don’t think 1p by end of January? It will be or very close. That’s the trajectory. You think they will raise below 1p? I don’t and expect debt finance instead. You don’t think oil will be $75 by end February? It almost certainly will - being in the oil services business I get a good feel for the mood. This next couple of months will see the best % growth in the history of UKOG. onetomany - 21 Dec 2020 - 08:40:40 - 144509 of 147028 UKOG strikes oil 2016 - UKOG As I expected. Will be closed down due to new corona strain. Could run out of cash as a result and next placing will be half current price so it’s pretty bad
18/4/2021
23:44
tell sid: I would also recommend everyone read UKOG's Loxley Appeal Statement, which is on their website.UKOG are almost certain to win the appeal, given the planning and highways officers both recommended approval of the planning application and the government planning guidance has not subsequently changed in a way that would err towards refusal, and the reasons for refusal of the original application by a couple of dim councillors won't stand close scrutiny. An Inspector would have to find something seriously wrong with both the planning and highways officer's original reports and recommendations, to issue a refusal, and he won't.Once Loxley is approved, UKOG will have the UK's second largest onshore gas asset, big enough to power 200,000 homes, which will generate revenues for decades. This alone is a company maker and has been overlooked by many here.To Loxley, then add Arreton (planning decision expected within six weeks), Turkey to be drilled this year and has previously flowed but now fracking is also allowed, ongoing revenues from HH (including from two additional infill drills to come) and Horndean, and geothermal, and investors should be onto a winner.Get into UKOG now. It will be 3p soon.
18/4/2021
18:19
tell sid: I would recommend everyone read UKOG's Loxley Appeal Statement, which is on their website.UKOG are almost certain to win the appeal, given the planning and highways officers both recommended approval of the planning application and the government planning guidance has not subsequently changed in a way that would err towards refusal, and the reasons for refusal of the original application by a couple of dim witted councillors won't stand close scrutiny. An Inspector would have to find something seriously wrong with both the planning and highways officer's original reports and recommendations, to issue a refusal, and he won't.Once Loxley is approved, UKOG will have the UK's second largest onshore gas asset, big enough to power 200,000 homes, which will generate revenues for decades. This alone is a company maker and has been overlooked by many here.To Loxley, then add Arreton (planning decision expected within six weeks), Turkey to be drilled this year and has previously flowed, ongoing revenues from HH (including from two additional infill drills to come) and Horndean, and geothermal, and investors should be onto a winner.Get into UKOG now. It will be 3p soon.
16/4/2021
11:06
cyan: ADVFN shows UKOG market cap as now £38.26m with 12.543 billion shares in issue Go back 4 years to the March 2017 UKOG presentation full of kimmeridge hopes. hTTps://www.ukogplc.com/ul/UKOG%20Corporate%20Presentation%20Website%20March%202017.pdf Market cap £39m share price 1.5p shares in issue 2.597 Billion
16/4/2021
10:36
cyan: Good morning onetomany You wrote; "It’s on a clear trajectory to 1p before the real fun begins when Turkey results emerge." Is that because you think that a decent oil flow is nailed on? Sanderson talked up the Turkish prospects in his January presentation. No warning in that presentation that great success is not guaranteed. hTTps://uk.advfn.com/cmn/fbb/thread.php3?id=35182818&from=146660 Know Sanderson's history. His most notable UKOG 'disappointment' was the multi million pound Broadfordford Bridge result ( "sub commercial"). Caused UKOG's inflated share price to collapse. Sanderson has a history of over promising and under delivering. Listen to this interview from December 2018. hTTps://www.youtube.com/watch?v=bLnqyjbokAg Memorable quotes; From about 2min 54 secs "The target really at the end of the year (2019) is that we want to be producing about 2,000 barrels a day" At 4min 4 secs " money does not seem to be a problem" At 4min 22 sec "We are looking to drill over the next TWO years 9 wells" He then listed the drills including a return to BB to drill a sidetrack. None of the planned drills away from HH were started. As for " money does not seem to be a problem"; look at the placing and borrowings record thereafter; 27.3.19 £3.5m placing 2.12.19 £2m placing 4.6.20 £ 4.2m placing 2.10.20 £2.2m placing There were also share issues to settle the £5.5m Riverfort loan taken on 7.8.2019 Rather than 2,000 barrels a day by YE 2019 UKOG produced a total 95 barrels per day in December 2020 (last OGA published figures). 82 for HH plus 34 barrels of water per day ; and 13 from Horndean (dry production). Know the history and the costs . Shareholders now await for the result of the Turkish "roll of the dice" (a Sanderson Quote from 2020). Its a gamble. Without UKOG publishing their current cash position ; the question of whether a placing is a necessity is left hanging.
15/4/2021
16:47
cyan: We will just have to wait and see regarding the placing question. For UKOG to escape from the cycle of placings; and instead raise capital by reserve based lending ; would require an updated CPR to present to lenders. UKOG explained their strategy in last years results; 31.3 2020 full years results RNS extract "It is our view that it would be prudent to wait to commission a Competent Person's Report to fully capture Proven and Probable Reserves once we have established long-term production at Horse Hill from HH-2z and a dual Portland and Kimmeridge completion in HH-1." However ;difficulties were encountered with HH-2Z; 30.6.2020 RNS extract 'significant formation water ingress was observed' and 'the water disposal costs outweighed oil revenues.' A decision was made: 15.1.21 RNS extracts "Water reinjection plans "Consequently, to remove the need for expensive off-site water disposal via tanker and to also help maximise oil recovery by supporting reservoir pressure, HH-2z will now be reconfigured, subject to regulatory consent, into a water re-injection well as soon as practicable" "..permissions currently expected in the second calendar quarter.." Who knows when UKOG will commission a new CPR so it appears further capital requirements will continue to require equity issues. As UKOG have NOT categorically stated the Turkish well is fully funded, one is left to suspect another placing will be required. Last years results reported their then cash position; "UKOG had a GBP5.54 million net decrease in cash, and GBP6.89 million in cash and cash equivalents at the end of the period." Speculation will continue Until UKOG publish the results and hopefully include their current cash position.
13/4/2021
14:53
cyan: RNS dated 2nd October 2020 https://uk.advfn.com/stock-market/london/uk-oil-gas-UKOG/share-news/UK-Oil-Gas-PLC-GBP2-2m-placing-funding-initial-T/83384573 "Use of funds The Proceeds of the Placing will, therefore, be used primarily to support and fund UKOG's share of initial Turkish Licence operations costs, to include the purchase of long-lead drilling equipment, construction of a drilling pad and necessary preparations for seismic acquisition. ." Does not mention drilling. Obviously buying equipment will be useful for the other wells to be drilled. However with the drilling cost of the first well estimated at $3 m one has to suspect more cash is required for the actual well completion. As UKOG have not revealed their current cash position its left the field open to speculation regarding a placing. If one is NOT required UKOG could shut down all the BB chatter with an RNS stating they have all necessary funds available to drill the first well. How about it Mr Sanderson?
Uk Oil & Gas share price data is direct from the London Stock Exchange
ADVFN Advertorial
Your Recent History
LSE
UKOG
Uk Oil & G..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210507 14:25:42