UK Oil & Gas (UKOG)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

0.25p
   
  • Change Today:
      0.010p
  • 52 Week High: 1.28
  • 52 Week Low: 0.22
  • Currency: UK Pounds
  • Shares Issued: 8,645m
  • Volume: 185,842,163
  • Market Cap: £21.61m

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UK Oil & Gas acquires majority interest in PEDL 143 licence

By Iain Gilbert

Date: Monday 03 Jun 2019

LONDON (ShareCast) - (Sharecast News) - UK Oil & Gas has acquired a further 20% interest in UK onshore licence PEDL 143 from Ireland-focussed exploration, development and production company Europa Oil & Gas.
The sale was settled in cash which, under the terms of the proposed sale and purchase agreement, Europa then immediately, simultaneously and irrevocably used to apply for ordinary shares in UKOG equal to £300,000.

UKOG, which also snapped up a 7.5% interest in the site from Union Jack Oil for £112,000, now holds a majority operated interest of 67.5% in the license.

Both considerations will be satisfied through the issue of an aggregate total of 35.68m new ordinary shares, with 25.95m and 9.73m consideration shares being issued to Europa and Union Jack, respectively.

As of 0830 BST, UKOG shares had slipped 1.54% to 0.96p.

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UK Oil & Gas Market Data

Currency UK Pounds
Share Price 0.25p
Change Today 0.010p
% Change 4.17 %
52 Week High 1.28
52 Week Low 0.22
Volume 185,842,163
Shares Issued 8,645m
Market Cap £21.61m

UK Oil & Gas Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
56.07% above the market average56.07% above the market average56.07% above the market average56.07% above the market average56.07% above the market average
58.33% above the sector average58.33% above the sector average58.33% above the sector average58.33% above the sector average58.33% above the sector average
Price Trend
94.48% below the market average94.48% below the market average94.48% below the market average94.48% below the market average94.48% below the market average
91.67% below the sector average91.67% below the sector average91.67% below the sector average91.67% below the sector average91.67% below the sector average
Income Not Available
Growth
22.97% below the market average22.97% below the market average22.97% below the market average22.97% below the market average22.97% below the market average
Sector averageSector averageSector averageSector averageSector average

UK Oil & Gas Dividends

No dividends found

Trades for 28-May-2020

Time Volume / Share Price
17:12 5,056,600 @ 0.25p
16:37 7,500,000 @ 0.26p
16:36 5,000,000 @ 0.25p
16:35 20,000,000 @ 0.24p
16:35 36,000 @ 0.25p

UK Oil & Gas Key Personnel

CEO Stephen (Steve) Sanderson
Finance Director Kiran Morzaria

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