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UKOG sells Horse Hill stake in £1m deal

Summary by DRILL OR DROP?
UK Oil & Gas is selling its stake in the troubled Horse Hill production site and licence, the company’s last remaining hydrocarbon interest. Stephen Sanderson, chief executive of UK Oil & Gas plc. Photo: DrillOrDrop The company announced in a statement today (12/6/26) it had agreed sell its entire 85.635% interest in Horse Hill and PEDL137 to energy B plc for £1m. energy B, led by Neil Ritson, a former executive at Solo Oil and Leni Gas and Oil…
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DRILL OR DROP? broke the news on Friday, June 12, 2026.
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