Exploration drilling begins on UK oil well

Exploration drilling has commenced at a planned oil well near Billinghurst in West Sussex. UK Oil & Gas Investments’ (UKOG) 100% owned Broadford Bridge-1 (BB-1) site will test a ‘geological lookalike’ to the company’s previous Horse Hill discovery, which has produced 1,365 barrels of oil per day from two naturally fractured Kimmeridge Limestone rock units. Situated within the 300 square kilometre PEDL234 licence, operations will continue until the well reaches a total…

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