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Drilling Commences at Broadford Bridge-1
Drilling Commences at Broadford Bridge-1.
About this update from Uk Oil & Gas Plc
[{"type":"text","content":"\n \nRNS Number : 5223G UK Oil & Gas Investments PLC 30 May 2017 \n\nUK Oil & Gas Investments PLC\n(\"UKOG\" or the \"Company\")\n \nDrilling Commences at 100% Owned Broadford Bridge-1 Kimmeridge Exploration Well \nPEDL234 Licence, Weald Basin, UK\n \nUK Oil & Gas Investments PLC (London AIM and NEX: UKOG) announces that drilling operations on its 100% interest Broadford Bridge-1 (\"BB-1\") Kimmeridge Limestone exploration well commenced on schedule at 1700 hrs on Monday 29 May. The well will test a mirror image geological look-alike to the Company's Horse Hill oil discovery, which, as previously reported in March 2016, flowed oil at a record stable aggregate rate of 1365 barrels of oil per day from two naturally fractured Kimmeridge Limestone rock units (KL3 and KL4). \n \nBB-1 is located near Billingshurst, West Sussex, within the 300 km² PEDL234 licence, in which the Company has a 100% interest via its ownership of the licence's operator, Kimmeridge Oil & Gas Limited.\n \nDrilling, using tried, trusted and safe conventional techniques, commenced with a 17½-inch diameter vertical hole within the 300-metre thick Weald Clay rock unit, which directly underlies the well site. Drilling operations will continue until the well reaches a total drilled depth of around 1900 metres within the Jurassic Corallian sandstone, a secondary reservoir objective which underlies the Kimmeridge.\nThe BB-1 well, an exploration step-out, is designed to penetrate the four target Kimmeridge Limestone units (KL1-KL4), at an inclination of around 50 degrees to vertical and at approximately 90 degrees to the predicted orientation of open natural fractures within the Kimmeridge. The planned overall horizontal deviation of the well is approximately 1 km to the north-northeast of the well site. The Kimmeridge Limestones are expected to be encountered at a drilled depth of approximately 1300-1700 metres, which equates to around 950 -1200 metres vertically below surface.\nEven though there are no potable drinking water sources underlying or surrounding the BB-1 site, it is the Company's policy to ensure that UKOG's drilling has zero-impact on any groundwater or potable water sources. Consequently, BB-1 uses a British made, zero-hazard, non-toxic, water-based drilling fluid to lubricate the drill-bit. T...