Independent Oil & Gas PLC

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Market Cap:
£66.88 m
52 weeks high
52 weeks low

Viewing results 1-25 of 127


IOG inks deal for Harvey appraisal drill programme

It is set for a summer drill programme, meanwhile, a farm-out partnering process is continuing....

on 7/5/19

Independent Oil & Gas take share options in lieu of pay

In all, Independent has issued options over 628,496 shares that can be exercised at 1p...

on 5/4/19

IOG expects to reach project funding decision in coming months

"Looking forward, two key catalysts to value growth should come to fruition in 2019,” said Andrew Hockey, IOG chief executive...

on 4/4/19

Independent Oil & Gas asks investors to play the long game as it raises £16.6mln

IOG is selling new equity at 10p per share a month after telling investors a 20p per share cash takeover offer “materially undervalued the company”...

on 1/4/19

IOG raises £16.6mln to fund drilling at Harvey project

Amid takeover murmurings, IOG has raised £16.6mln to pay for a well that will be drilled in the coming months...

on 1/4/19

Independent and small-cap oilers drive growth in the UK North Sea

The rise of these independent firms comes as the region has been progressively weaned off its dependency on multinational majors like BP and Shell...

on 20/3/19

Independent Oil & Gas jump as RockRose puts North Sea firm in takeover crosshairs

At 20p per share the offer was pitched at a 51% premium at the time....

on 5/3/19

IOG aims to reassure over loan facility

“The company is monitoring the situation with regard to LCF and LOG carefully and continues to progress its current forward funding plans”...

on 4/1/19

IOG plummets as North Sea project financing is delayed

"Unstable" equity markets are a challenge to IOG's funding plans...

on 29/11/18

IOG approaching final investment decision in North Sea, shares slide

As IOG looks advances financing efforts and works towards a final investment decision for its Southern North Sea Gas project the AIM-quoted shares moved lower...

on 25/9/18

IOG looks forward to Harvey well as it closes US$15mln funding deal

Andrew Hockey, IOG chief executive, described the closing of the loan facility as an important step forward and said the Harvey well is an “exciting near-term value catalyst”...

on 14/9/18

Independent Oil and Gas agrees US$15mln funding deal for Harvey appraisal

Drilling to potentially open up the Harvey discovery is slated to start in December...

on 17/8/18

Independent Oil and Gas works on ‘key’ pipeline matters

"We are now implementing an optimised programme to provide full and conclusive confirmation of the integrity of the Thames pipeline"...

on 17/7/18

IOG granted two years grace for Harvey project

"We are pleased to have received a 2-year extension to the Harvey licence as it further validates our commitment to drill the well"...

on 29/11/17

North Sea oil firms boosted as Chancellor announces raft of tax breaks to spur investment

Decommissioning remains a sticking point in North Sea negotiations, but Phillip Hammond has unveiled a line of tax breaks that should reduce the costs for the buying party...

on 22/11/17

IOG reveals £79mln valuation for Harvey project

"We are delighted with the result of the CPR and the EMV of the Harvey structure on our licence being determined at £79mln,” said chief executive Mark Routh...

on 10/11/17

IOG reveals new gas estimate for Harvey project

IOG has now committed to drilling an appraisal well for Harvey within two years...

on 2/11/17

IOG reveals big upgrade to gas reserves for North Sea gas hubs

"We are extremely pleased with the results of the CPR on our SNS development portfolio,” said Mark Routh, IOG chief executive....

on 12/10/17

IOG signs-up Heerema Fabrication for new ‘normally unmanned’ North Sea platforms

Chief executive Mark Routh said the deal with Heerema represents “strong operational progress”...

on 3/10/17

IOG signs up Schlumberger for North Sea gas field developments

IOG will now work to finalise the arrangements with Schlumberger and at the same time it is advancing talks to secure funding, via a presale gas agreement...

on 25/9/17

IOG shares rise as Blythe and Elgood development reaches milestone

“This is a major step forward from the single-field draft submission in December 2016,” said Mark Routh, IOG chief executive....

on 19/7/17

IOG lands new North Sea licence

“The award is further endorsement of our technical and environmental competencies"...

on 14/7/17

North Sea junior IOG gets support from the UK’s Oil and Gas Authority

Harvey’s gas resource is estimated in the range of 44-290 billion cubic feet, with an appraisal needed to confirm and narrow these figures....

on 27/3/17

IOG hires former Sound Energy exec as part of boardroom shake-up

Interim chairman Mark Routh says IOG is now entering its ‘next phase of growth’ and that new appointments position the company "strongly for the future”....

on 21/3/17