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UK Oil & Gas: if you are waiting for a TR1, don’t hold your breath!

Tom Winnifrith
Thursday 9 October 2025
Last week shares in UK Oil & Gas (UKOG) almost quadrupled to 0.046p on the back of a spooftastic RNS about a very vague MOU involving hot air ( energy storage). Natch the company did an immediate placing at 0.3p raising £3 million. Then, with the shares rattling back to 0.035p it announced that it had raised another half a Bernie at 0.03p. Finally, with the shares at 0.033p, it raised another Bernie at 0.03p. Now here is the mystery with the shares now back at 0.025p

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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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