Response to press article

RNS Number : 1463M

UK Oil & Gas Investments PLC

05 May 2015

 

UK Oil & Gas Investments PLC

("UKOG" or the "Company")

Response to press article

The Company notes the press article in the Evening Standard on 1 May 2015 and the quotes attributed to the Company's Chairman in relation to the estimated number of barrels of oil. The Company refers to its announcements of 9 and 15 April 2015 for its stated position on the Horse Hill-1 Well.

Specifically the Company repeats it  has not undertaken work outside of its licence areas sufficient to comment on the possible Oil in Place  in either the approximate 1,100 square miles of the relevant Jurassic section of the Weald Basin  or the whole of the Weald Basin.

For further information please contact:

UK Oil & Gas Investments PLC

David Lenigas / Donald Strang                                                                   Tel: [phone]

WH Ireland (Nominated Adviser and Broker)

James Joyce / Mark Leonard                                                                       Tel: [phone]

Square 1 Consulting (Public Relations)

David Bick / Mark Longson                                                                           Tel: [phone]

 

END

 

 

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