StockMarketWire.com - UK Oil & Gas said it had re-established oil production from a key oil well near Gatwick Airport.

Continuous dry oil production had resumed at the Horse Hill-1 well at a stable rate of between 208 to 218 barrels per day.

The restart of production formed a key part of a work schedule to finalise the Portland field development plan, and to the targeted establishment of permanent long-term Portland production, planned by end 2019.


At 9:41am: [LON:UKOG] UK Oil Gas Investments Plc share price was -0.03p at 1.43p



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