- UK Oil & Gas said drilling of a horizontal well at the Horse Hill prospect in southern England was now underway.

The HH-2z well aimed to deliver a an around 3,200 foot horizontal section wholly within the Portland reservoir's most oil productive zone or "sweet spot'.

The presence and quality of that spot had been further defined by a pilot well's successful coring and electric logging programmes, the company said.

At 8:24am: [LON:UKOG] UK Oil Gas Investments Plc share price was +0.03p at 1.13p

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