By HotStockRockets | Wednesday 13 August 2014
Disclosure: Financial Investigative Media Limited, which is not owned by Tom Winnifrith but by a trust for his dependants, owns shares in companies mentioned in this article. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
This seems pretty dramatic. UK Oil & Gas (UKOG) is ponying up £750,000 – which it has after the recent placing to take its stake in Horse Hill Development to 20% from 7.5%. Given that it also owns 6% of Angus Energy its see through stake in the field is now 15.4%.
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