Hutton Energy Ltd ('Hutton') has been offered two licenses in the final tranche of the UK 14th Onshore Licensing Round which brings the total number of new licenses to five. These licenses are an addition to existing licenses in the East Midlands and Hutton's interest in the UK now totals over 330,000 gross acres.
The work programs in these licenses target multiple play types encompassing both conventional oil and unconventional oil and gas prospects.
Hutton will begin the work programs with the acquisition and interpretation of historic and new seismic before fulfilling its commitment to drill wells on the licenses.
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Hutton Energy Ltd
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