Detail akcie UK Oil & Gas Rg online

Business Summary: UK Oil & Gas PLC is an energy developer. The Company is engaged in delivering salt cavern hydrogen storage projects in South Dorset and East Yorkshire. Its sites are strategically placed within the United Kingdom’s two forecast hydrogen demand clusters: the South (including South Wales) and the East Coast/Teesside. The Company’s subsidiary, UK Energy Storage (UKEn), is engaged in working on the underground hydrogen storage project in South Dorset. This project boasts a maximum annual capacity of approximately 30 terawatt-hours (TWh). The Company is also exploring green hydrogen generation add-ons to its storage projects, leveraging coastal locations for electrolysis and proximity to new windfarm power landfalls.
Financial Summary: BRIEF: For the six months ended 31 March 2025, UK Oil & Gas PLC revenues decreased 50% to L314K. Net loss decreased 44% to L685K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Administrave expenses decrease of 65% to L444K (expense), Finance costs decrease of 2% to L459K (expense).