RE: Will Sanderson8 Dec 2019 22:03
IoW could be the big play in 2020 also. See RNS 12th Dec 2018 but I suspect the initial drill may slip beyond the first quarter a little as they work through the planning and possibly wait for the tourist season to end.
RNS extract "We are delighted to acquire this further substantial share of the Arreton oil discovery, giving the Company a material 14.9 million barrels of net attributable discovered PEDL331 recoverable resources. The first Arreton appraisal well, Arreton-3, is now scheduled to be drilled, cored and tested in the first quarter of 2020, with the drilling of the larger look-alike Arreton South exploration prospect planned to follow after completion of Arreton-3 flow testing. We look forward to starting the journey towards realising the Isle of Wight Licence's considerable conventional oil resource potential."