News Oil & Gas

UKOG granted additional year for Horse Hill work programme

Posted on Author editorial Comments Off on UKOG granted additional year for Horse Hill work programme

UK Oil & Gas plc (UKOG) said it had been granted a one-year extension to the agreed retention area work programme at Horse Hill oil field and its underlying Kimmeridge oil pool.

Partners: UKOG is the operator and owns 83.635% and Alba Minerals holds an 11.765% in the project (UKOG – Horse Hill – 2018)

DEADLINE

The North Sea Transition Authority granted the extension for PEDL137 licence, allowing the company to drill a second Horse Hill Kimmeridge well, starting before 30 September 2023.

UKOG is the operator and owns 83.635% and Alba Minerals plc holds an 11.765% effective interest.

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