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Investegate |UK Oil & Gas PLC Announcements | UK Oil & Gas PLC: Successful Placing and Proposed Open Offer


 
THIS ANNOUNCEMENT, INCLUDING THE APPENDICES AND THE INFORMATION CONTAINED THEREIN IS RESTRICTED AND IT IS NOT FOR RELEASE, PUBLICATION, DISTRIBUTION OR FORWARDING, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR IN OR INTO ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW OR REGULATION.
 
THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION, RECOMMENDATION, OFFER OR ADVICE TO ANY PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE OR DISPOSE OF ANY SECURITIES IN UK OIL & GAS PLC OR ANY OTHER ENTITY IN ANY SUCH JURISDICTION. ....

United States , New Zealand , United Kingdom , South Africa , City Of , Republic Of South Africa , South African , Stephen Sanderson Kiran Morzaria , James Joyce , Brian Alexander , James Sinclair Ford , Stephen Sanderson , Office Of Foreign Assets , London Stock Exchange For The Placing , Securities Commission , European Union Withdrawal , European Union , Company For The Placing , United Kingdom Oiland Gas , London Stock Exchange , United Kingdom Oil , Neither The Company , African Reserve Bank , Wh Ireland , Exchange Information , Regulatory Information Service ,

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 65% interest in PEDL137 and PEDL246.
7.   Gas discovery pending appraisal drilling and development with underlying Kimmeridge potential
8.  High-impact oil appraisal project with an upside OIP range of 150-500 mmbbl gross with expected recovery factors of 10-20% of OIP ....

United Kingdom , Horse Hill , Isle Of Wight , City Of , Brian Alexander , Matt Cartwright , James Sinclair Ford , Loxley Portland , Stephen Sanderson Kiran Morzaria , Oceanmec Karahan , James Joyce , Stephen Sanderson , Horse Hill Developments Ltd , Igas Energy Plc , Society Of Petroleum Engineers , United Kingdom Oil Gas , Wh Ireland Ltd Nominated Adviser , Turkey Ltd , United Kingdom Oil , Mardin Formations , Aladdin Middle East , Chartered Engineer , Kiran Morzaria , Nominated Adviser , Hill Developments Ltd , Godley Bridge ,