Solo Oil says that its technical alliance partner in the Horse Hill discovery in the UK Weald Basin, UK Oil and Gas Investments plc (UKOG), has released a significant update on the technical work being conducted by UKOG on behalf of Horse Hill Developments Limited in alliance with NUTECH Ltd.
UKOG have announced that ongoing well analysis of the Horse Hill-1 well with Nutech has identified that, in addition to the previously reported 102 feet of Portland sandstone gross oil pay, a further 407 feet of potential net oil pay exists within limestones and claystones of the Kimmeridge Clay, Oxford Clay and Middle Lias Formations calculated from electric logs.
Neil Ritson, Solo's Chairman, commented,'We are delighted that the work commissioned jointly with UKOG and Nutech is yielding such positive results and we look forward to further updates as the work progresses'
Tags:
Solo Oil,
UK oil and gas industry
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