UK Oil & Gas lands 2 year extension to Broadford Bridge planning permission
It extends the permission for the well site to March 2022.
Company
UK Oil & Gas PLC
LON:UKOG
UKOG focusses primarily on oil and gas assets located in the Weald Basin in southern England where oil and gas drilling has been taking place for well over 100 years. Modern technologies have dramatically altered the methodology of the business – and subsequently drastically reduced the environmental impact for local communities and residents. Get your cbd oil delivery from USA UKOG, thanks to its policy of investing in expert advice from the world’s major analysts, is leading the way in ensuring that any oil and gas developments are conducted with full respect to the countryside and a determination to preserve the well-being and way of life of local residents. UKOG’s shares are listed and trade on London’s Alternative Investment Market (AIM). The current portfolio includes eight oil and gas assets held under Petroleum Exploration and Development Licences (PEDL). All assets are onshore. The Company is well funded and plans to grow its core UK Weald business with a programme of development and acquisition. Our technical team is driving the “proof of concept” for the new and potentially significant Weald Kimmeridge limestone naturally-fractured oil play, demonstrated by the successful Horse Hill-1 exploration well.
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UKOG says Horse Hill production still profitable after cuts, raises £1.27mln
The company said Horse Hill is producing at around 300 barrels of dry oil per day.
UK Oil & Gas and Alba gallop higher after Horse Hill approval
Regulatory approval removes a significant roadblock from progress on the prospect
UKOG says Horse Hill's ‘commercial production’ is slated for spring
The reopening of the HH-1 well has revealed that both of Horse Hill's current wells can produce from the Portland reservoir without damaging performance, as a result 'commercial production' can start sooner.
UK Oil & Gas confirms completion of initial flow tests for horizontal Horse Hill well
The well flowed some at 1,087 barrels of fluid per day during ‘clean-up’ with oil cuts of up to 60%
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UK Oil & Gas cheers completion of Horse Hill’s horizontal well
"Horse Hill's first optimally placed horizontal is now poised to enter its next key phase, the eagerly anticipated flow testing campaign,” said UKOG CEO Stephen Sanderson
UKOG says new well is “optimally placed” as horizontal drilling completes
"We are delighted to have safely and successfully delivered a significant 2,500 ft of horizontal section within the Portland reservoir's sweet-spot, the prime 35 ft zone containing the reservoir's most oil productive sandstones."
UK Oil & Gas confident as Horse Hill’s horizontal drilling starts
The plan is to have both the vertical HH-1 and horizontal HH-2z starting long-term production in late 2019
UK Oil & Gas set for horizontal drilling at Horse Hill project
The vertical pilot section of the Horse Hill 2/2z well is now nearing completion, before some 1,000 metres are cut into the Portland reservoir’s “most productive zone”.
UK Oil & Gas ‘confident’ as new drilling kicks off at Horse Hill project
“We are confident that the meticulously planned HH-2/2z operation, the first of two planned horizontal wells in the Portland oil pool, leaves little to chance."
UK Oil & Gas prepares for new Horse Hill drilling as rig arrives
"The journey to long-term oil production at Horse Hill has now begun,” said Stephen Sanderson.
UK Oil & Gas looks forward to imminent horizontal drilling at Horse Hill
A drill rig will arrive at the Horse Hill site later this month.
UK Oil & Gas increases its stake in Horse Hill to just under 86%
UKOG will pay £8mln upfront, comprising £5mln in cash and £3mln in shares. A further £3mln becomes due before the end of the year and then another £1mln before 1 April 2020.
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Horse Hill production tops 50,000 barrels as operator readies for new drilling
The much-awaited simultaneous HH-2/2z Portland horizontal drilling and HH-1 Kimmeridge test campaign is fast approaching
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