- UK Oil & Gas said it had raised £2m from a share placing to help bring wells at its Horse Hill project south of London into production.

New shares in the company were issued at 0.85p each, representing a discount of around 15% from their closing price on Friday.

At 9:10am: [LON:UKOG] UK Oil Gas Investments Plc share price was -0.1p at 0.93p

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