The first tanker of oil from the latest operations at the Horse Hill exploration site near Gatwick Airport has been sent to a refinery, UK Oil and Gas announced today.
The largest investor in the Horse Hill oil well near Gatwick is seeking to change its company status.
UK Oil and Gas predicted today it would drill two new wells next year following the extension of one of its Weald licences in southern England.
The exploration company. UKOG, announced this morning it had suspended its well at Broadford Bridge in West Sussex, after describing observed oil flows as likely to be “sub-commercial”.
The exploration company, UK Oil and Gas, has applied for a wide-reaching injunction against anti-drilling protests at sites in West Sussex and Surrey.
Shares in UK Oil and Gas dropped by more than 35% this afternoon following the company’s announcement of possible formation damage at its Broadford Bridge oil exploration well and the prospect of drilling another sidetrack.
UK Oil and Gas Investments Plc announced this morning it was not seeking a time extension of an exploration licence, off the south west coast of the Isle of Wight.