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Update - Brockham Oil Field, Weald Basin UK

1st Apr 2014 07:00

RNS Number : 6549D
UK Oil & Gas Investments PLC
01 April 2014
 



 

For Immediate Release

1 April 2014

 

UK Oil & Gas Investments PLC

("UKOG" or the "Company")

 

Update - Brockham Oil Field, Weald Basin UK

 

 

UKOG (AIM: UKOG) today announces that final approvals have now been obtained from all of the necessary UK Government Departments to drill the conventional Brockham side-track well on the Brockham Field in the Weald Basin and that the drill rig is expected to spud within 10-14 days.

 

The planned 450 metre side-track well is expected to be drilled and completed as a producer by the end of April.

 

UKOG owns 6% of UK onshore operator Angus Energy Ltd.

 

 

For further information, please contact:

 

UK Oil& Gas Investments PLC

David Lenigas / Donald Strang

Tel: 020 7440 0640

Beaumont Cornish (Nominated Adviser)

Roland Cornish / Michael Cornish

Tel: 020 7628 3396

Hume Capital Securities PLC (Corporate Broker)

David Lawman

Tel: 020 7101 7070

Square 1 Consulting (Public Relations)

David Bick/Mark Longson

 

Tel: 020 7929 5599

 

 

ENDS

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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