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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

United kingdomHorse hillIsle of wightCity ofBrian alexanderMatt cartwrightJames sinclair fordLoxley portlandStephen sanderson kiran morzariaOceanmec karahanJames joyceStephen sandersonHorse hill developments ltdIgas energy plcSociety of petroleum engineersUnited kingdom oil gas