Update - Brockham Oil Field, Weald Basin UK

For Immediate Release

1 April 2014

UK Oil & Gas Investments PLC

("UKOG" or the "Company")

Update - Brockham Oil Field, Weald Basin UK

UKOG (AIM: UKOG) today announces that final approvals have now been obtained from all of the necessary UK Government Departments to drill the conventional Brockham side-track well on the Brockham Field in the Weald Basin and that the drill rig is expected to spud within 10-14 days.

The planned 450 metre side-track well is expected to be drilled and completed as a producer by the end of April.

UKOG owns 6% of UK onshore operator Angus Energy Ltd.

For further information, please contact:

ENDS