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Solo Oil PLC boss: Horse Hill “demonstrating commercial production potential”

The consortium behind the Horse Hill development well near Gatwick has posted another good result as flows from the shallowest part of the well matched the nearby Brockham discovery.

Solo Oil (LON:SOLO) is one of the Horse Hill consortium members with a 6.5% interest in the well, and chairman Neil Ritson speaks to Proactive about the developments.

Over a continuous nine hour period, oil from the Portland section of the well flowed at 168 barrels per day and he says the results were “above expectations” and “very encouraging”.

“We would think that this – certainly if the larger pump produces a higher volume – is very much demonstrating a commercial production potential here,” Ritson adds.

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September 12 2016

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