If this helps get the wells online quicker it’s a couple of months income down the line. Once we have increased production will we need to raise more cash.
Stephen Sanderson, UKOG's Chief Executive, commented:
"The resumption of Kimmeridge oil flow at more stable rates than previously seen is welcome news for the Kimmeridge's commercial future and further justifies the decision to conduct simultaneous Portland drilling and HH-1 Kimmeridge test production at the site. The successful production switch from Portland to Kimmeridge now paves the way for the expected late summer arrival of the rig and the HH-2/2z Portland horizontal drilling and testing campaign.