Research23 Jan 2019 11:26
I’m confident of a big find
TheBiscathorpe oil discovery could be far bigger than the infamous Horse Hill which reported 11m OIP not recoverable, so considering UKOG £80m cap company while UJO is at only £9m cap at present time and it looks undervalued.
If we hit the high end of the find
. This makes it the one biggest onshore well in UK history with 100% cos and 70% commercial cos.