Tag Archives: ukog

• Recent flow test of well at Horse Hill in Surrey
• Company targeting Kimmeridge Clay shale
• Tight oil similar to Bakken Shale, North Dakota
• Fracking company UKOG planning to return
• Statements demonstrate long term goals
• Tight oil would require dense pattern of wells
• Would be ‘regionally extensive’, ‘pervasive’
• Threat of thousands of wells across region
• Plus processing plants, pipelines, waste sites
• UKOG strategy: Focus attention on next step
• Trying to distract from the big picture threat
• Need for investment forces some disclosures
• Ultimate goal to sell to much large company
• UKOG will seek further planning permission
• Now is the time to get organised and resist

Continue reading →