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UK Oil & Gas PLC

Horse Hill green light 'a good result for the industry'

The independent oil and gas analyst Barney Gray discusses the decision by Surrey County Council to give the green light to the new Horse Hill programme.

''I'm quite pleased with this announcement, it covers a lot of ground''.

''They obviously have the permission to do the extended flow test at Horse Hill which I think is going to be very important because the data which came out originally was very teasing and it will now be nice to see an extended flow test and see what this well can actually flow''.

Quick facts: UK Oil & Gas PLC

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Market: AIM
Market Cap: £64.76 m
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