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UK Oil & Gas UKOG.L · GBp

Energy · LSE · 🇬🇧 United Kingdom

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About UK Oil & Gas

Its shares trade on LSE under the ticker UKOG.L. It has been listed since 2 March 2005. In the fiscal year to 30 September 2024, it reported revenue of £1.1m and a net loss of £37.2m. At that date it held total assets of £3.8m and shareholders' equity of £405,000.

UK Oil & Gas Plc is an investment holding company, which engages in the exploration, and production of oil from unrecognized naturally fractured rocks in the Weald Basing of southern England. The firm holds interest, directly or indirectly, in a portfolio of eight United Kingdom oil and gas assets. Its portfolio comprises two onshore oil-producing fields, four appraisal/development licenses and three exploration licenses. Its assets are primarily located in the Weald Basin, in southern England. Its assets include Broadford Bridge, Holmwood, Horndean, Horsehill, Isle of Wight and Markwells Wood.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Listed since
2 Mar 2005
Employees
11
Website
ukogplc.com ↗

Leadership

Pay as last reported

  • Mr. Nicholas TaylorNon-Executive Chairman of the Board£61,000
  • Mr. Stephen SandersonChief Executive Officer, Executive Director, since 2015£338,000
  • Ms. Guzyal MukhametzhanovaChief Financial Officer
  • Mr. Kristopher BoneChief Technical Officer, Executive Director, since 2024
  • Mr. Kiran MorzariaCompany Secretary, since 2015£27,000
  • Mr. Allen HowardNon-Executive Director, since 2017£82,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • UK Oil & Gas PLC holds eight UK oil and gas assets including Broadford Bridge and Holmwood fields.
  • The company focuses on exploration in the Weald Basin, southern England, with two onshore oil fields.
  • Its portfolio includes four appraisal/development licenses and three exploration licenses in the Weald Basin.

Weaknesses

  • The company has only 11 employees, indicating limited operational capacity.
  • It operates solely in the Weald Basin, southern England, with no international diversification.
  • The firm's business is concentrated on oil exploration, lacking diversification into other energy sectors.

Opportunities

  • The Weald Basin offers potential for new oil discoveries and production expansion.
  • The company can leverage its eight assets to increase production and revenue streams.
  • Growing demand for UK oil could enhance the value of its onshore fields and licenses.

Threats

  • The Weald Basin's oil exploration faces competition from other UK energy firms.
  • Regulatory changes in the UK energy sector could impact exploration activities.
  • Market volatility in oil prices may affect the company's profitability and investment appeal.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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