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
