Business
Annual Review and Accounts for YE 30 Sep 2021
Annual Review and Accounts for YE 30 Sep 2021.
About this update from Uk Oil & Gas Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 9823F\n UK Oil & Gas PLC\n 25 March 2022\n \n \n \n \n UK Oil & Gas Plc\n \n \n (\"UKOG\" or the \"Company\")\n \n \n \n \n \n Annual Review and Accounts for the year ended 30 September 2021\n \n \n \n \n \n UK Oil & Gas Plc (AIM: UKOG), a UK and internationally focused energy company, is pleased to announce its full year results for the full year ended 30 September 2021. A copy of the full annual report and details of the Company's annual general meeting will be posted to shareholders in due course. A copy of the full annual report will also be made available on the Company's website.\n \n \n \n \n \n Qualified Person's Statement\n \n \n Matt Cartwright, UKOG's Commercial Director, who has 39 years of relevant experience in the global oil industry, has approved the information contained in this announcement. Mr Cartwright is a Chartered Engineer and member of the Society of Petroleum Engineers.\n \n \n \n \n \n STRATEGIC REPORT FOR THE YEAR ENDED 30 September 2021\n \n \n \n \n \n The Directors present their strategic report on the group for the year ended 30 September 2021.\n \n \n \n \n \n OUR BUSINESS\n \n \n \n \n \n UK Oil & Gas Plc (\"UKOG\" or the \"Company\") is an energy company currently primarily focused upon oil & gas exploration and production. We specialise in creating new geological ideas, concepts and methodologies to find and produce oil & gas from previously unexplored or overlooked rock formations within established petroleum producing provinces. \n \n \n \n \n \n Our current operational focus is on the UK and Turkey onshore sectors, where we aim to build a sustainable oil & gas production base that can act as a springboard to further worldwide opportunities. UKOG has operated safely and environmentally responsibly in the UK since 2013. \n \n \n \n \n \n Our current UK onshore portfolio consists of direct and indirect interests in six oil & gas exploration, appraisal, development and production assets, all situated within the Weald and Purbeck-Wight Basins of southern England. We are the largest acreage holder in the south of England, with assets covering 689 gross km². \n \n \n \n \n \n We hold majority interests in four\n UK onshore oil & gas discoveries, the most notable being...