Competent Persons Report on Recoverable Resources

UK Oil & Gas Investments PLC

("UKOG" or the "Company")

Competent Persons Report on Recoverable Resources

Conventional Oil Accumulation Portfolio, Weald Basin, UK

UK Oil & Gas Investments PLC (London AIM: UKOG) announced this morning that the Company had received a Competent Person's Report ("CPR") detailing the Hydrocarbons Initially in Place ("HIIP") and associated recoverable volumes expected within the fields, discoveries and exploration prospects of its nine UK onshore licence holdings. The CPR, prepared by Xodus Group Ltd ("Xodus"), focuses upon the Company's discovered conventional oil accumulations.

This RNS is being issued to provide the specific link to the CPR. It is available to download and view here .

For further information, please contact:

UK Oil & Gas Investments PLC

Stephen Sanderson / Kiran Morzaria Tel: 01483 243450

WH Ireland (Nominated Adviser and Broker)

James Joyce / James Sinclair-Ford Tel: 020 7220 1666

Cenkos Securities PLC (Joint Broker)

Joe Nally / Neil McDonald Tel: 0207 397 8919

Public Relations

Brian Alexander / David Bick Tel: 01483 243450