In May 2022, the Company’s wholly-owned subsidiary, UK Energy Storage Ltd (UKEn), signed an Agreement to Lease with Portland Port Limited covering two sites at the former Royal Navy port in Dorset, with the intent to develop, subject to new planning consent and securing necessary development finance, a planned integrated Energy-Hub, centred around hydrogen-ready gas storage and a future green hydrogen generation capability.
Here is a list of our current assets:
Field currently shut in but planned for production reinstatement in 2023.
UKOG holds a 5% interest.
Field is in stable production.
UKOG has a 10% interest.
Horse Hill (PEDL137/PEDL246)
Field in stable production.
UKOG holds a direct 35% interest in the Horse Hill licences, and an indirect interest via its 77.9% ownership interest in HHDL, which holds the remaining 65% interest.
Loxley/Godley Bridge gas discovery, plus Broadford Bridge-1/1z oil discovery.
Resan Turkey (M-47-b1, b2)
Appraisal of Basur-Resan oil discovery, plus further exploration prospects. UKOG has 50% interest, with operator Aladdin Middle East Ltd.
UKOG through its subsidiary UK Energy Storage “UKEn” has entered into an agreement to lease with Portland Port Ltd to develop an energy hub centred around a 1 billion cubic metre hydrogen ready salt cavern gas storage facility.
UKOG is led by Chief Executive Stephen Sanderson and supported by Chief Financial Officer Guzyal Mukhametzhanova, Operations Director Kris Bone, Commercial Director Matt Cartwright and Communications Director Brian Alexander.
UKOG’s shares are listed and trade on London’s Alternative Investment Market (AIM).