StockMarketWire.com - UK Oil & Gas said planned simultaneous drilling and test production operations at the Horse Hill oil project south of London had been successfully implemented.

Continuous Kimmeridge oil production from Horse Hill-1 had been maintained since the start of the Horse Hill-2/2z horizontal drilling campaign on 29 September.

UK Oil & Gas said HH-1 Kimmeridge test production now stood at over 41,800 barrels of light, sweet crude, pushing combined total aggregate Portland and Kimmeridge production to over 71,368 barrels.

No discernible Kimmeridge formation water had yet been recovered to surface.

'The establishment of safe and innovative sim-ops at Horse Hill marks another significant operational milestone for the company in 2019,' chief executive Stephen Sanderson said.


At 8:50am: [LON:UKOG] UK Oil Gas Investments Plc share price was +0.05p at 1.13p



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