Update coming13 Jul 2018 09:36
Extended Well Tests at Horse Hill
Extended well testing at the Horse Hill-1 ("HH-1") site is underway as announced on 27 June 2018 with work initially focussing on the Portland Sandstone where Solo believes that the reservoir, productive elsewhere in the Weald Basin, has a high chance of producing oil at commercial rates. Additional information is expected to follow from the operator, Horse Hill Developments Limited ("HHDL"), in due course. The Company holds a 9.75% beneficial interest in licences PEDL137 and PEDL246 containing the HH-1 oil discovery through its 15% shareholding in HHDL.