The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014, as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018. Upon publication of this announcement, this information is now considered to be in the public domain.

UK Oil & Gas PLC

("UKOG" or the "Company")

Delay in publication of accounts and temporary suspension of trading on AIM

The Directors of UK Oil & Gas PLC (London AIM: UKOG) announce that due to additional time being required by its auditors, appointed earlier this year, its annual report and accounts for the year ended 30 September 2024 ("ARA") will not be published by 31 March 2025, being the deadline for publication under Rule 19 of the AIM Rules for Companies. Trading will, therefore, be temporarily suspended from 7:30 am on 1^st April 2025 until such time as the ARA is published, which will be as soon as possible.

Notwithstanding the temporary suspension of trading in the Company's ordinary shares, the Company will continue to make announcements as and when required in accordance with its obligations under the AIM Rules.

For further information, please contact:

UK Oil & Gas Plc

Stephen Sanderson / Kris Bone                                                                                          Tel: 01483 941493

Zeus (Nominated Adviser and Broker)                                                            

James Joyce / James Bavister / Andrew de Andrade                                                      Tel: 020 3829 5000

CMC Markets (Joint Broker)

Douglas Crippen                                                                                                                    Tel: 0203 003 8632

Communications

Brian Alexander                                                                                                                     Tel: 01483 941493