In this exclusive interview, Stephen Sanderson, Chief Executive of UK Oil & Gas PLC talks about 2018, we bucked the trend a bit in a very volatile year.
Transformational in two aspects, one we had our readmission into AIM as a fully fledged trading oil & gas operating company. Which enabled us to gain control of Horse Hill Developments Limited, we have 72% or so. More importantly, we now own more than 47% of Hose Hill.
And secondly, really the big advent for us is the success of Horse Hill extended well test.
We are around almost 90 tankers, 19,000 barrels, three million litres, we have produced about 15,000 barrels from the Kimmeridge alone.
Cash flow is a big thing, but the question is what is UKOG looking forward to in 2019?
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