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SOLO, RGM, STG, UKOG update on Horse-Hill 1

By BFN News | 07:44 AM | Wednesday 09 March, 2016


Solo Oil (SOLO), Regency Mines (RGM), Stellar Resources (STG) and UK Oil and Gas Investments (UKOG) said at the Horse Hill-1 well crude oil had flowed to surface, via rod pumping, at an average stabilised rate of 168 barrels per day over a continuous 9-hour period. They described the crude as 37-degree API, light, sweet and dry . The flow is from a 103-foot aggregate perforated zone within the Upper Portland sandstone interval at a depth of about 615m underground. Story provided by StockMarketWire.com

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