UK Oil & Gas plc has sold its subsidiary holding two minority interests in non-operated onshore oil licences in Hampshire for an aggregate £400,000 cash to Servatec Holdings Ltd. VALUE UKOG (GB) owns a 10% interest in PL211 containing the Horndean oil field, and a 5% interest in PEDL070 hosting Avington. The company said that […]
Tag: Avington oil field – Hampshire
UKOG notes oil production to restart at Avington
UK Oil & Gas plc (UKOG) said that oil production would restart at the joint venture Avington field on PEDL070 in Hampshire, five years after being shut in. PARTNERS Avington, which lies close to the Stockbridge oil field, received fresh planning approval in December 2021. Operated by Star Energy, formally known as IGas, the field […]
Egdon completes Avington-Waddock Cross acquisition
Egdon Resources plc has increased its interests in two southern UK onshore oil licences after completing its acquisition of Aurora Production (UK) Ltd. OIL FIELDS Private company Aurora Production, owned by vendor Aurora Petroleum Ltd, had an 18.75% interest in the Edgon-operated licence PL090 which contains the Waddock Cross oil field in Dorset. It also […]
Egdon increases stake in Waddock Cross-Avington
Egdon Resources plc has signed a conditional agreement to acquire Aurora Production (UK) Ltd which holds interests in Waddock Cross and Avington oil fields. REJUVENATE Aurora holds an 18.75% interest in the Edgon-operated licence PL090 containing Waddock Cross in Dorset. It also owns an 8.33% interest in the IGas Energy-operated licence PEDL070 holding Avington in […]