UK Oil & Gas (UKOG)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

1.14p
   
  • Change Today:
      0.015p
  • 52 Week High: 1.98
  • 52 Week Low: 0.83
  • Currency: UK Pounds
  • Shares Issued: 6,675m
  • Volume: 45,994,826
  • Market Cap: £76.09m

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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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

UK Oil & Gas Market Data

Currency UK Pounds
Share Price 1.14p
Change Today 0.015p
% Change 1.33 %
52 Week High 1.98
52 Week Low 0.83
Volume 45,994,826
Shares Issued 6,675m
Market Cap £76.09m

UK Oil & Gas Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
5.4% below the market average5.4% below the market average5.4% below the market average5.4% below the market average5.4% below the market average
Sector averageSector averageSector averageSector averageSector average
Price Trend
53.53% below the market average53.53% below the market average53.53% below the market average53.53% below the market average53.53% 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
Income Not Available
Growth
1.36% above the market average1.36% above the market average1.36% above the market average1.36% above the market average1.36% above the market average
7.69% above the sector average7.69% above the sector average7.69% above the sector average7.69% above the sector average7.69% above the sector average

UK Oil & Gas Dividends

No dividends found

Trades for 18-Oct-2019

Time Volume / Share Price
17:06 4,050,000 @ 1.14p
16:37 27,697 @ 1.15p
16:35 17,000 @ 1.14p
16:29 145,000 @ 1.13p
16:28 315,766 @ 1.13p

UK Oil & Gas Key Personnel

CEO Stephen (Steve) Sanderson
Finance Director Kiran Morzaria

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