UKOG strengthens grip on offshore southern England license

UK Oil and Gas (AIM: UKOG) has completed the acquisition of interests in license P1916 offshore the Isle of Wight in southern England.

Offshore staff

LONDON – UK Oil and Gas (AIM: UKOG) has completed the acquisition of interests in license P1916 offshore the Isle of Wight in southern England.

The company acquired a 7.5% stake held by Egdon (E&P), and 5% from Montrose Industries, and now has a 77.5% interest in the concession.

03/19/2015

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