UKOG completes Turkish Resan licence participation agreement with AME

LONDON: UK Oil & Gas PLC (UKOG) announced that following last week’s formal government consent to the Company’s 50% ownership of the 305 km² Basur-Resan oil appraisal and exploration licence, it has now also completed the transaction with Aladdin Middle East Ltd (AME). Effective forthwith the conduct of the Licence’s operations will now be governed…