UK Oil & Gas PLC (AIM:UKOG) One-year work programme on PEDL137 Horse Hill

UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that the North Sea Transition Authority (formerly the Oil and Gas Authority) has granted a one-year extension to the agreed Retention Area work programme of the Company’s operated PEDL137 licence (UKOG 85.635%) containing the producing Horse Hill oil field and its underlying Kimmeridge oil pool.

The extension grants an additional year in which to drill a second Horse Hill Kimmeridge well, with the commencement of drilling to be prior to 30th September 2023.

For further information, please contact:

UK Oil & Gas PLC

Stephen Sanderson / Matt Gormley / Allen D Howard

Tel: 01483 941493

Communications

Brian Alexander

Tel: 01483 941493


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