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UK Oil & Gas PLC (AIM:UKOG) | RNS | UK Oil & Gas PLC - Turkey: Basur-3 drilling update #3
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Investegate |UK Oil & Gas PLC Announcements | UK Oil & Gas PLC: Result of Open Offer
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THIS ANNOUNCEMENT, INCLUDING THE APPENDICES AND THE INFORMATION CONTAINED THEREIN IS RESTRICTED AND IT IS NOT FOR RELEASE, PUBLICATION, DISTRIBUTION OR FORWARDING, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR IN OR INTO ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW OR REGULATION. THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION, RECOMMENDATION, OFFER OR ADVICE TO ANY PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE OR DISPOSE OF ANY SECURITIES IN UK OIL & GAS PLC OR ANY OTHER ENTITY IN ANY SUCH JURISDICTION.
2. Oil discovery pending development and/or appraisal drilling. 3. Exploration asset with drillable prospects and leads. 4. Contains the Loxley Portland gas accumulation, the Broadford Bridge-1/1z Kimmeridge oil discovery, plus further undrilled Kimmeridge exploration prospects. 5. Portland and Kimmeridge oil field with productive and commercially viable zones, HH-1 in stable oil production, production planning consent granted in September 2019, long-term production consent granted in March 2020. 6. UKOG has a direct 77.9% interest in HHDL, which has a 65% interest in PEDL137 and PEDL246. 7. Gas discovery pending appraisal drilling and development with underlying Kimmeridge potential 8. High-impact oil appraisal project with an upside OIP range of 150-500 mmbbl gross with expected recovery factors of 10-20% of OIP
UK Oil & Gas PLC (AIM:UKOG) | RNS | UK Oil & Gas PLC - Turkey: Basur-3 Drilling Commences
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