UK Oil & Gas Plc
UKOG:LN
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Overview
Company Profile
UKOG previously focused primarily on oil and gas assets located in the Weald Basin in southern England. However, in 2021 UKOG entered into an agreement with operator Aladdin Middle East Ltd to acquire a 50% interest in the 305 km² Resan Licence in the Republic of Turkey.
Then in May 2022, the Company’s wholly-owned subsidiary, UK Energy Storage Ltd (“UKEn”), signed an Agreement for Lease with Portland Port Limited covering two sites at the former Royal Navy port in Dorset, with the intent to develop, subject to new planning consent and securing necessary development finance, a planned integrated energy hub, centred around hydrogen-ready gas storage and a future green hydrogen generation capability.
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Corporate
Board of Directors
Allen D Howard
Non-Executive Director
Mr Howard has extensive experience in the oil sector he was previously a Senior Vice President of Houston-based Premier Oilfield Laboratories, and Chief Commercial Officer of well analysis experts Nutech. Mr Howard also held senior positions with Schlumberger. He holds a degree in Chemical Engineering from Texas Tech University and an MBA from Mays Business School in Texas.
Stephen Sanderson
Chief Executive
Stephen Sanderson joined UK Oil & Gas PLC in September 2014 and was appointed Executive Chairman and Chief Executive in July 2015. A highly-experienced petroleum geologist, oil industry veteran and upstream energy business leader, with over 30 years operating experience, Stephen is a proven oil finder and has been instrumental in the discovery of more than 10 commercial conventional fields, including the giant Norwegian Smorbuk-Midgaard field complex. Stephen held a variety of senior management roles for ARCO (which was acquired by BP in 2000), Wintershall AG (a subsidiary of German chemical giant BASF) and three junior start-ups. He created and ran successful new exploration businesses in Africa, Europe and South America. He has significant technical and commercial expertise in the petroleum systems of Africa, the North Sea, Norway, onshore UK & Europe, South America, the South Atlantic, Middle East, Asia, India, Australia and the USA. He is a graduate and Associate of the Royal School of Mines, Imperial College, London, a Fellow of the Geological Society of London and a member of the American Association of Petroleum Geologists. He served for four years in the British Army and TAVR as a platoon commander, serving in the UK and Berlin.
Nicholas Mardon Taylor
Non-Executive Chairman
Mr. Mardon Taylor served as the Chief Financial Officer of Hurricane Energy PLC from May 2012 until January 2016. He has worked in the oil industry for over 35 years, his first involvement in the North Sea being in the early licensing rounds. He was with Hurricane from 2005 to January 2016 when he was the Group’s first CFO and was subsequently responsible for the Group’s Environmental Management System.
Kris Bone
Technical Director
Kris is a petroleum engineer with 25 years international exploration, appraisal, development and production experience in oil, gas and energy transition sectors. Before joining UKOG in April 2019, Kris held positions including Well Engineering Director, Asset Manager, Subsurface Manager, Production Manager, and senior operational and engineering roles. His previous experience includes onshore and offshore UKCS, offshore Ireland, Eastern and Central Europe, Central Asia, Caspian Region, Middle East Gulf and North America. His leadership and management experience covers across petroleum and subsurface engineering, drilling & completions, production operations, gas storage, decommissioning, asset management and regulatory compliance. Kris is a graduate of Newcastle University (BEng Chemical Engineering) and Edinburgh Heriot-Watt University (MEng Petroleum Engineering), a Chartered Engineer (CEng) with Institute of Chemical Engineers and member of the Society of Petroleum Engineers.
Management
Matt Cartwright
Chief Operating Officer
Matt Cartwright joined UK Oil & Gas PLC as Business Adviser in July 2014 to help close and manage the Company’s successful Northern Petroleum acquisition. He was appointed to the role of Chief Operating Officer in September 2015. Matt has worked for 32 years in the international oil & gas industry for super-majors and start-ups. He started his career with BP and ARCO in the UK before spending 13 years with Total where he made a significant contribution to Total’s growth in the Canadian heavy oil sands, the UK Elgin/Franklin development and in several ultra-deep-water W. Africa projects. Matt is highly experienced in the areas of executive management, business development, development planning, strategic planning, economic evaluation, asset acquisitions and deployment of new engineering technology. His international experience encompasses Canada, Norway, France, Africa and the Middle East. Matt has a 1st Class engineering degree from the University of Cambridge. Share Price UKOG Portfolio Please take a look at our project pages Read More Why is oil important? Oil is an essential part of everyday life Read More CEO community message Our message to community stakeholders
Guzyal Mukhametzhanova
Chief Financial Officer
Guzyal Mukhametzhanova started her career within KPMG’s Energy and Natural Resources practice before joining JKX Oil and Gas Ltd, the London-listed oil and gas company with assets in Eastern Europe, as Group Financial Controller and then Finance Director. She has 20 years of experience in the natural resources and energy space and is a member of the Association of Chartered Certified Accountants (ACCA). She graduated from the London Business School and holds a MSc in Finance.