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: 020 7440 0640
WH Ireland (Nominated Adviser and Broker)
James Joyce / Mark Leonard Tel: 020 7220 1666
Square 1 Consulting (Public Relations)
David Bick / Mark Longson Tel: 020 7929 5599
