UKOG1 Aug 2019 08:35
Looks like the witch at Portland was successful and increased the production figs, so expect a lift
Portland drilling programme, test production was switched successfully from the Portland to the deeper Kimmeridge oil pool. From 6th July to date, the Phase 2 Kimmeridge test has produced a further 5,524 barrels ("bbl") of dry Brent quality oil. Total aggregate Portland and Kimmeridge test oil production from the Horse Hill oil field, in which the Company has a 50.635% majority interest, now totals a significant landmark of 60,186 barrels ("bbl").