A potentially transformational project30 Jul 2021 09:18
“It is now evident that, in the success case, the Basur-Resan appraisal
project has the potential to surpass the recoverable oil and gas volumes
currently assigned by Xodus to our material UK Arreton and Loxley
appraisal projects. It also has the advantage of lower drilling and
operating costs and, facilitated by Turkish petroleum law, the possibility
to rapidly monetise the success case within a year. For these reasons
success could be transformational for the Company.
UKOG United 2p/5p