extracts from SS's statement of 28/0626 Jul 2019 13:06
... The test data confirmed that the Kimmeridge oil pool produces from one single vertically-connected 600ft (200m) or more naturally fractured zone, extending from the deeper KL2 to at least the top of the KL4 zone. Oil production is interpreted to come from both naturally fractured limestones and calcareous shales, which is an unexpected learning...
Given that success is only possible through the efforts of good people, we have also made several significant additions to our core team, including the arrival of Kris Bone as Operations Director, a new Company role. Kris has more than 20 years of global oil and gas experience in drilling, testing and production operations, being recently Well Engineering Director for IGas Energy. Matt Cartwright, previously Chief Operating Officer, has now assumed the new core role of Commercial Director and remains one of UKOG's key senior management employees. We have also welcomed two new geoscience professionals into the Company to help address the increased subsurface evaluation workload related to our burgeoning activities and operations, as well as reinforcing our excellent finance team...