KeyfactsEnergy

UKOG completes the acquisition of Solo Oil's interest in the Arreton discovery licence PEDL331

22/01/2019

UKOG has completed the acquisition from Solo Oil of a 30% interest in rhe percent interest in the PEDL331 onshore Isle of Wight licence. UKOG now holds an operated 95 percent direct interest in the Licence which contains the Arreton oil discovery and the Arreton South exploration prospect, both of which are planned to be drilled and long term tested next year.