UK Oil and Gas (UKOG) has wrapped up a £6.6 million deal for 22% of Horse Hill Developments (HHDL) from Gunsynd, Primorus Investments and Solo Oil.
Oil and gas consultancy firm Xodus Group confirmed the discovery of additional oil at the Horse Hill-1 Portland site today, operator UK Oil and Gas (UKOG) has confirmed.
Surrey County Council has given Oil and Gas Investments PLC planning approval to begin pre-work on the Horse Hill-1 oil discovery.
The Oil and Gas Authority has granted more time for the Horse Hill discovery.
Horse Hill Developments has submitted a planning application for its onshore discovery near Gatwick Airport.
The Oil and Gas Authority (OGA) has approved two licence extensions and three licence conversions for UK Oil & Gas (UKOG).
UK Oil & Gas Investments has paid £3.5m to acquire another licence in the highly prospective Weald Basin, near Gatwick Airport.
Europa Oil and Gas and Union Jack Oil have joined other oil juniors on the PEDL143 licence in southern England, which hosts the Holmwood prospect, after signing a deal to acquire a stake in the project by partly funding future work programmes.
UK Oil & Gas Investments (UKOG) has bought Angus Energy’s remaining 7.8% interest in the Horse Hill-1 oil discovery.
Europa Oil and Gas is gearing up for production from its Wressle onshore UK oil field and is aiming to expand its acreage in Ireland's Atlantic Margin.
UK Oil and Gas (UKOG) today confirmed its Horse Hill development had doubled its daily output to 323 barrels of oil per day.
The companies behind The well drilled on the Horse Hill oil project near Gatwick Airport said has been temporarily plugged to carry out a pressure test.
The boss of UK Oil & Gas said strong flow rates has converted the Horse Hill scheme from a “science project” to a “commercial reality”.
UK Oil & Gas Investments is looking to the potential of its Horse Hill project near Gatwick Airport as it reported a wider pretax loss, despite growth in revenue.
The oilman who proclaimed that the so-called Gatwick Gusher would yield multiple billion barrels of oil has enjoyed this week's positive news from producer UK Oil and Gas Investments that the Horse Hill prospect is coming good.
British energy explorer UK Oil & Gas Investments gained the most in 10 months after reporting that oil flowed “naturally” to the surface from 900 meters (2,953 feet) below London’s commuter belt, near the city’s second-busiest airport.
UK Oil & Gas said it has had significant flow rates from its Horse Hill discovery.
UK Oil and Gas (UKOG)today confirmed it had kick-started flow tests for its Horse Hill-1 oil discovery near Gatwick Airport.
The Oil and Gas Authority has approved UK Oil & Gas Investments's bid acquire a 20% interest in UK onshore Weald Basin licence PEDL143.
UK Oil & Gas (UKOG) said an independent analysis by Schlumberger has estimated 10.9billion barrels of oil could lie within 55miles of the PEDL137 and PEDL246 Horse Hill licences. The estimate follows on previous calculations made by Schlumberger last month. The analysis also builds on the previous petrophysical evaluation of Horse Hill-1 located in PEDL137 near to London Gatwick Airport.
UK Oil and Gas (UKOG) is poised to take the onshore market by storm. The firm confirmed in its latest company results that it had the finance and technology partners to leverage its prospects – which includes Horse Hill’s 9.2 billion barrel find.
UK Oil and Gas (UKOG) said it has made a potential oil discovery at Horse Hill-1 although it failed to hit any further gas targets. The Horse Hill site, in the Weald Basin, sits just 3km from the Gatwick airport, and is thought to contain up to 87 million barrels of oil and a further 164 billion cubic feet of gas. The company said the well was successfully completed with a discovery in the Jurassic and has reached a total depth of 8,770 feet measured depth in rocks of pre-Triassic Palaeozoic age.