UK Oil & Gas Investments Plc (LON:UKOG) CEO Stephen Sanderson caught up with DirectorsTalk to discuss the the rationale behind the acquisition of Angus Energy’s stake in Horse Hill and how Stephen sees the acquisition in terms of value and impact to the company.
UK Oil & Gas Investments Plc is a dynamic and innovative British oil and gas company, striving to support the drive for increased energy security for this country, while preserving the natural beauty of the Weald region. The company is listed and trade on London’s Alternative Investment Market (AIM) and ISDX Growth Market and have a portfolio of direct and indirect investments in 11 UK onshore exploration, appraisal, development and production assets. These assets cover 650 sq km in the Weald and Purbeck-Wight basins of Southern England. We are generating investment cash from our interests in four producing oil fields in the region: Horndean, Avington, Brockham and Lidsey. UKOG is keen to grow its core business in the Weald by developing the Markwells Wood oil discovery, appraising the Horse Hill Portland and Baxter’s Copse oil discoveries, and also via new exploration and acquisitions in the Weald and Isle of Wight.
