Betaville Intelligence

UK Oil and Gas Investments said to ...

Tuesday, 9 May 2017, 1:56 pm

Aim-listed UK Oil and Gas Investments is said to be in the process of carrying out a £6m equity fundraising.

Sources familiar with the matter said UK Oil and Gas Investments - also is known as the "Gatwick Gusher" following its claim it had found an oil field of "national significance" a few miles from Gatwick airport in 2015 - is working with brokers at Cenkos on a placing with a view to raising around £6 million from investors...

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