Shares of UK Oil & Gas PLC (LON:UKOG) were down 10.5% during trading on Tuesday . The company traded as low as GBX 1.54 ($0.02) and last traded at GBX 1.59 ($0.02). Approximately 112,180,784 shares changed hands during trading, an increase of 59% from the average daily volume of 70,420,000 shares. The stock had previously closed at GBX 1.78 ($0.02).
About UK Oil & Gas (LON:UKOG)
UK Oil & Gas Plc, an investment holding company, invests in a portfolio of direct and indirect interests in exploration, development, and production oil and gas assets in the United Kingdom. It has interests in a portfolio of nine UK onshore exploration, appraisal, development, and production assets in Weald and Purbeck-Wight basins of Southern England.
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