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Investegate |UK Oil & Gas PLC Announcements | UK Oil & Gas PLC: Annual Review and Accounts for YE 30 Sept 20

UK Oil & Gas Plc (AIM: UKOG), a UK and internationally focused energy company, is pleased to announce its full year results for the full year ended 30 September 2020. A copy of the full annual report and details of the Company s annual general meeting will be posted to shareholders in due course. A copy of the full annual report will also be made available on the Company s website:
www.ukogplc.com

Qualified Person s Statement
Matt Cartwright, UKOG s Commercial Director, who has 38 years of relevant experience in the global oil industry, has approved the information contained in this announcement. Mr Cartwright is a Chartered Engineer and member of the Society of Petroleum Engineers. ....

United Kingdom , United States , Markwells Wood , Arreton Portland , Matt Cartwright , Brian Alexander , Loxley Portland , Holmwood Portland , Justice Lewison , Godshill Portland , Kiran Morzaria , James Sinclair Ford , Hill Portland , Allend Howard , Stephen Sanderson Kiran Morzaria , Hill Kimmeridge , James Joyce , Stephen Sanderson , Justice Holgate , Sussex County Council , Xodus Group Ltd , Gas Authority , Company United Kingdom , Environment Agency , Horse Hill Field Development Plan , Health Safety ,

UK: UKOG provides Horse Hill oil field update

UK: UKOG provides Horse Hill oil field update
18 Jan 2021
Horse Hill oil field.
Production
To date, the field has produced and exported over 132,000 barrels ( bbl ) of Brent quality crude from its Kimmeridge and Portland oil pools.
Despite the planned October and November downtime for the Horse Hill-1 ( HH-1 ) intervention, the total Portland oil production for the first quarter of UKOG s 2020/21 financial year to December 2020 was 7,045 bbl. The average production uptime was 57% over the period and ranged from 37% during October s main HH-1 intervention period, to 85% in November, post-intervention.
As announced on 5 November 2020, we safely completed an intervention to reperforate the full Portland oil producing section, insert a new simplified production tubing string and set the downhole pump at a deeper level to increase Portland pumping efficiency. ....

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