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Solo Oil PLC chief talks Horse Hill final testing and future plans

In the final test, the Portland reservoir at Horse Hill in Surrey flowed at a stable dry rate of 323 barrels of oil per day, which is double the rate seen in the prior Portland test.

The stakeholders in Horse Hill - which include UK Oil & Gas Investments PLC (LON:UKOG) and Solo Oil PLC (LON:SOLO) - are now applying for regulatory permissions to conduct extended production testing on all three zones that have been tested to date.

Speaking to Proactive, Solo chairman Neil Ritson says the firm’s investment in the project is “money well spent” and expects more developments from the site in the near future.

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