UK Oil and Gas Investments
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UK Oil and Gas Investments plc (UKOG) is a British company with shale gas exploration licences in the UK. It is listed and trades on London’s Alternative Investment Market (AIM) and ISDX Growth Market.
Contents
Oil bonanza: Dallas coming to Dorking
In April 2015 UKOG announced it had made a discovery of 'world class reserves' in the south east of England - some 50-100bn barrels, compared with some 45bn barrels extracted from the North Sea over a period of 40 years. It was estimated at the time however that only around 3-15% of this oil might actually be recoverable.
Injunction against protestors
UKOG and its partners Magellan Petroleum and Horse Hill Developments were awarded a High Court injunction against protest at its Horse HIll and Broadford Bridge exploration sites in September 2018.
People
- Stephen Sanderson, CEO and executive chairman (replaced David Lenigas in 2015)
Former
- Monaco-based Australian entrepeneur David Lenigas was until 2015 UKOG's chairman (also of Horse Hill Developments Ltd Afrian, Rare Earth Minerals among others).
- Barton Willmore (Conceptual Alternative Sites Selection Study of the Weald Basin - 5 October 2015)
- Nutech (Technical Report on Horse Hill-1 Well - 8 April 2016)
- Schlumberger (Schlumberger Petrophysical Evaluation of Horse Hill-1 Well - 4 June 2015)
- Xodus Group (Competent Person's Report PEDL 126 Markwells Wood 5 October 2015), (Jurassic Tight Oil Conceptual Development Study - 5 October 2015), (Executive Summary: Onshore Isle of Wight 28 January 2016)
- EY (report on Kimmeredge Oil 18 April 2016)
Partnerships and affiliations
- Horse Hill Developments Ltd - As of June 2019 UKOG holds a 77.9% stake in Horse Hill Developments Ltd, and a 50.635% interest in the Horse Hill field. [2]
- Nutech
- IGas Energy - partner with UKOG on PEDL 233 (50% share) and PEDL 240 (10%) in the Weald and PEDL 70 [3]
- UK Onshore Gas Limited
Resources
- TipTV: David Lenigas on the Gatwick Horse Hill oil find, Daily Mail, November 2014
- Molly Scott Cato, Never mind the oil – bringing Texas to Surrey would spell disaster, Guardian Comment is free, 13 April 2015
- UKOG's Shale World UK presentation on 20 May 2016 can be downloaded from UKOG's website
Contact
- Address: 8th Floor, The Broadgate Tower
- 20 Primrose Street
- London EC2A 2EW, United Kingdom
- Website: https://www.ukogplc.com/index.php
Resources
Notes
- ↑ Sealed UKOG injunction order 3 September 2018.PDF, UKOG website, 3 September 2018
- ↑ Ruth Hayhurst, UKOG sets out plans for the Weald, Drill or Drop, 28 June 2019, accessed 1 July 2019
- ↑ UK Shale Farm out Agreement with INEOS Upstream Limited ("INEOS"), Igas Energy PLC press release, 10 March 2015
