Business
Unaudited results for the 6 months ended 31 March
Unaudited results for the 6 months ended 31 March.
About this update from Uk Oil & Gas Plc
[{"type":"text","content":"\n \nRNS Number : 4158C UK Oil & Gas Investments PLC 28 June 2016 \n\nFor immediate release\n 28 June 2016\nUK OIL & GAS INVESTMENTS PLC\n(\"UKOG\" or the \"Company)\n \nUnaudited results for the six-month period ended 31 March 2016\n \n \nKEY HIGHLIGHTS TO DATE (during and post-period)\n \n· Strong progress at Horse Hill with game-changing commercially viable initial oil flow rates from 3 horizons\n· 1,688 bopd total aggregate stable dry oil flow rate from the Kimmeridge plus the overlying Portland \n· Proof of concept and first commercially viable initial flow rates from the Kimmeridge Limestones at Horse Hill \n· 1,365 bopd aggregate stable dry oil flow rate from two naturally fractured Kimmeridge Limestones \n· Post period-end, key further acquisitions made the Company the leading player in the Kimmeridge Limestone oil play, more than doubling UKOG's gross overall acreage in the prime Weald Basin Kimmeridge \"sweet spot\"\n· 100% ultimate ownership of multiple Horse Hill Kimmeridge look-alike prospects in the Broadford Bridge licence\n· On trac...