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UKOG shares suspended from trading

UK Oil & Gas plc shares were today suspended from trading, pending publication of its annual audited accounts.

Production: suspended while the council reconsiders the application (Pixabay)

HORSE HILL

The company said that there was a “short delay” to publishing its accounts, which were due on 31 March, for the year 30 September 2025.

“The company anticipates that it will be in a position to publish the ARA very shortly, following which trading in the company’s shares will be restored,” added UKOG.

The company is currently switching its focus from oil and gas to hydrogen storage, but retains an 85.635% interest in the Horse Hill oil project in Surrey.

Production is currently suspended while Surrey County Council reconsiders UKOG’s planning application, which must include the effect of Scope 3 – or end use – emissions from the site’s operations.