StockMarketWire.com - UK Oil & Gas Investments said a 13-3/8-inch steel casing was set and cemented successfully over the 855 feet thick Weald Clay section on its 100% interest Broadford Bridge-1 (BB-1) Kimmeridge Limestone exploration well.

Directional drilling operations, within 12-1/4-inch diameter hole, commenced on Monday evening.

BB-1 has now reached a depth of over 370 metres (1200 feet) below surface within the Lower Cretaceous Hastings Beds.

The uppermost Kimmeridge Limestone target, KL4, is expected to be conventionally cored in around 10-12 days' time. The well remains on schedule and within budget.






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