RE: PBOO you are13 May 2018 12:58
Brilliant... just thought I’d finish off the subject line before addressing its content. Now...Yanis2005 to address your valid question about what appears to be the lack of communication from UKOG and why it hasn’t started the EWT yet as per RNS dated 19th of December 2017, you may find it interesting to to read the updated RNS dated 23rd of March 2018 where ukog clearly state they have been waiting on SCC for planning approval, EA for permission and now finally wait on the OGA for the final sign off, they can’t very well start without it, nearly there though. If I may ask, I can’t understand with all your frustrations what has the frequency of PBoos buys and sells in UKOG got to do with it? Surely this will just add to the confusion already surrounding the RNS which clears up the matter. RNS Number : 6852I
UK Oil & Gas Investments PLC
23 March 2018
UK Oil & Gas Investments PLC
("UKOG" or the "Company")
Planning Pre-Conditions Discharged for Further Flow Testing and Drilling
Horse Hill Oil Discovery, Weald Basin, UK
UK Oil & Gas Investments PLC (London AIM: UKOG) is pleased to announce that it has been informed by Horse Hill Developments Ltd ("HHDL"), the operator of Horse Hill licences PEDL137 and PEDL246, containing the Horse Hill-1 ("HH-1") oil discovery, that it has now received final decision notices from Surrey County Council ("SCC"), discharging all of the pre-commencement conditions.
This follows the planning approval in November 2017 by SCC's Planning and Regulatory Committee to enable HHDL to carry out extended flow tests at HH-1, plus drill and test both a sidetrack from the existing HH-1 well and new well Horse Hill-2.?
HHDL has received the necessary permission from the Environment Agency and is now awaiting approval from the Oil and Gas Authority.