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Investegate |UK Oil & Gas PLC Announcements | UK Oil & Gas PLC: Turkey: Basur-3 Drilling Commences - Vimarsana News

Investegate |UK Oil & Gas PLC Announcements | UK Oil & Gas PLC: Turkey: Basur-3 Drilling Commences

2.  Oil discovery pending development and/or appraisal drilling. 3.  Exploration asset with drillable prospects and leads. 4.  Contains the Loxley Portland gas accumulation, the Broadford Bridge-1/1z Kimmeridge oil discovery, plus further undrilled Kimmeridge exploration prospects. 5.  Portland and Kimmeridge oil field with productive and commercially viable zones, HH-1 in stable oil production, production planning consent granted in September 2019, long-term production consent granted in March 2020. 6.  UKOG has a direct 77.9% interest in HHDL, which has a ...

Investegate |UK Oil & Gas PLC Announcements | UK Oil & Gas PLC: Amended - Formal Government Consent - Vimarsana News

Investegate |UK Oil & Gas PLC Announcements | UK Oil & Gas PLC: Amended - Formal Government Consent

  UK Oil & Gas PLC (London AIM: UKOG) is delighted to announce that the Company's wholly owned subsidiary, UKOG Turkey Ltd, has received notice that formal government consent for the Company's acquisition of a 50% interest in the 305 km² Basur-Resan oil appraisal and exploration licence, ("Licence"), has now been granted via official decree. Forthwith, together with the operator, Aladdin Middle East Ltd ("AME"), the Company is a named party to the Licence, officially designated as AR/AME/K/M47-b1, b2.   As per the Company's 14 October 2020 announcement, the board views the Licence's ...