UK Oil and Gas Investments shares suspended pending Horse Hill oil announcement June 4, 2015 Trading in the shares of UK Oil and Gas Investments has been temporarily suspended pending an announcement about the firm's Horse Hill oil reserves. Shares were suspended on Aim from 7.30am Read more: "Gatwick gusher" shares are going berserk "The company has requested the temporary suspension of trading in its shares, pending an announcement in relation [...]
UK Oil and Gas investments share price jumps after extending Horse Hill Gatwick oil licenses May 13, 2015 UK Oil and Gas Investments (UKOG), the company exploring oil reserves in the area of Horse Hill near Gatwick, has had its licence extended, sending shares up more than six per cent in afternoon trading. Regulators have approved a year-long extension to licences held by Horse Hill Developments, the company in which UKOG holds a stake, [...]
UK Oil and Gas Investments share price jumps on another Horse Hill oil estimate upgrade May 11, 2015 Shares in UK Oil and Gas Investments (UKOG), the company behind the oil discovery at Horse Hill near Gatwick, were up six per cent in early trading after estimates for how much oil there is in sandstone rocks in the area were upgraded. The new estimates are separate to the one made last month claiming [...]
UK Oil & Gas Investments share price dips after issuing second clarification on Horse Hill Gatwick “100bn barrels” oil discovery claim May 5, 2015 UK Oil & Gas Investments (UKOG), the firm behind a potentially huge oil discovery at Horse Hill near Gatwick, has issued a second statement clarifying the size of the find following comments made by the company's chairman. Shares dipped more than three per cent in afternoon trading after spiking as much as five per cent [...]
UK Oil & Gas’ share price saga is just another symptom of Aim’s lack of regulation April 29, 2015 Yesterday's revelation that UK Oil & Gas (UKOG) doesn’t yet have permission from the regulator to drill in the Gatwick area will revive the recent saga surrounding claims that there could be 100bn barrels of untapped oil resource in the Horse Hill area once more. With this will, no doubt, come questions once more [...]
UK Oil & Gas share price falls as it admits Horse Hill licence will expire within months April 28, 2015 UK Oil & Gas, aka UKOG, aka the "Gatwick gusher" has admitted its licences to explore the area around Gatwick Airport where it discovered 100bn barrels of oil are due to expire shortly – one in the next six months. The news prompted UKOG's share price to tumble more than seven per cent to 2.86p [...]
UK Oil and Gas Investments share price slips after downplaying size of Horse Hill Gatwick oil discovery in “clarification” April 15, 2015 The company behind an oil discovery at Horse Hill near Gatwick which it claimed could be larger than the North Sea oil fields has issued a clarification downplaying the size of the find. UK Oil and Gas Investments (UKOG) clarified that estimates "should not be considered as either contingent or prospective resources or reserves," after saying the [...]
UK Oil and Gas Investments share price falls as it seals Markswell Wood license deal for more Weald Basin oil fields after Horse Hill discovery near Gatwick April 13, 2015 The company behind the discovery of huge amounts of oil at Horse Hill near Gatwick has sealed a deal to increase its interests in the area in the south of England dubbed "Britain's Dallas". Shares in UK Oil and Gas Investments (UKOG) fell as much as 6.4 per cent to 2.07p in mid-morning trading, after it [...]
Paladin gets boost from Talisman October 21, 2005 City followers swept up British oil company Paladin’s shares after a £1.2bn bid with Canadian rival Talisman was agreed yesterday. Shares in Paladin rocketed to close up 74.5p, or 27 per cent, at 349.5p, after the details of the deal were announced. The deal values Paladin shares at 355p, a 17.8 per cent premium on [...]