Crude Oil (WTI)

Commodity

XD0015948363

Delayed OTC Data Services 10:32:08 2024-04-26 pm EDT			5-day change	1st Jan Change
83.53 ^USD	0.00%		+1.68%	+17.17%

04:56pm	Russia says it struck Ukrainian energy plants in response to Kyiv targeting its own energy sector	RE
02:31pm	Russia's idle primary oil refining capacity up 13.6% in April from March, Reuters calculations show	RE

UKOG shareholders approve share consolidation on ten-to-one ratio

March 06, 2024 at 05:54 am EST

(Alliance News) - UK Oil & Gas PLC shareholders approved a share consolidation on Tuesday at its reconvened general meeting.

The London-based exploration and production company, which focuses on projects in the UK and Turkey, said all resolutions were passed, including one to consolidate 32.5 million shares in a 10:1 ratio to 3.3 million shares.

This is alongside consolidating a similar amount of B shares at the same ratio.

Earlier in February, the general meeting was reconvened as a result of shareholders' questions, prompting UKOG to take further advice in relation to its capital reorganisation and the associated resolutions proposed.

UKOG shares were quoted at 0.063 pence each in London on Wednesday morning. On a consolidated basis, this is down 6.5% from a would-be 0.07p each at the close on Tuesday.

By Greg Rosenvinge, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
BRENT CRUDE OIL SPOT	88.07 USD	+0.10%	+1.75%	-
WTI	83.53 USD	0.00%	+1.68%	-
US DOLLAR / TURKISH LIRA	32.4 TRY	0.00%	-0.67%	-
UK OIL & GAS PLC	- GBX	-.--%	-.--%	1.33M

Latest news about Crude Oil (WTI)

Russia says it struck Ukrainian energy plants in response to Kyiv targeting its own energy sector	10:56am	RE
Russia's idle primary oil refining capacity up 13.6% in April from March, Reuters calculations show	08:31am	RE
Ukraine drones target two refineries, airfield in Russia's Krasnodar region, Kyiv source says	05:09am	RE
Oil refinery in Russia's Krasnodar region damaged in Ukraine drone attack, authorities say	01:47am	RE
Oil refinery in Russia's Krasnodar suspends operations after Ukraine drone attack, says TASS	01:35am	RE
Yemen's Houthis say their missiles hit Andromeda Star oil ship in Red Sea	07:35pm	RE
MOVES-Crude oil trader at Aramco Trading Americas leaves	06:51pm	RE
India's March crude oil imports ease 1.1% from a year ago	06:10pm	RE
Energy Drops After Mixed Earnings -- Energy Roundup	Apr. 26	DJ
Cenovus subsidiary fined $1.83 mln for 2018 Canada oil spill	Apr. 26	RE
News Highlights : Top Company News of the Day - Friday at 5 PM ET	Apr. 26	DJ
News Highlights : Top Company News of the Day - Friday at 7 PM ET	Apr. 26	DJ
Alphabet, Microsoft Rallies Help Lift Equities Ahead of Next Week's Fed Decision	Apr. 26	MT
TSX adds to weekly gain as investors favor inflation hedges	Apr. 26	RE
Falcon Oil & Gas narrows losses in 2023	Apr. 26	AN
Alphabet, Microsoft Rallies Help Lift Equities Ahead of Next Week's Fed Decision	Apr. 26	MT
SEC Charges Former BP Employee With Insider Trading on TravelCenters Deal	Apr. 26	DJ
REA Holdings swings to full-year loss while revenue declines	Apr. 26	AN
TSX Closer: Market Finishes The Week Strong as a Potential Interest-Rate Cut Looks To Remain Distant	Apr. 26	MT
News Highlights : Top Energy News of the Day - Friday at 4 PM ET	Apr. 26	DJ
US Equity Markets Close Up Friday Following Tech Earnings, Fed's Preferred Inflation Gauge Report	Apr. 26	MT
Equity Markets Rise on Alphabet, Microsoft Rallies	Apr. 26	MT
Oil Rig Count Falls by 5 This Week, Baker Hughes Says	Apr. 26	MT
Sector Update: Energy Stocks Slump in Late Friday Afternoon Trading	Apr. 26	MT
Mexico's Pemex reverses proposed crude export cuts for May -sources	Apr. 26	RE