UK Oil and Gas (UKOG) is poised to take the onshore market by storm.
The firm confirmed in its latest company results that it had the finance and technology partners to leverage its prospects – which includes Horse Hill’s 9.2 billion barrel find.
UK Oil and Gas (UKOG) has signed an alliance and consulting services agreement with US-based NUTECH Energy Alliance.
The companies will work together to maximise the potential value of the Horse Hill area licences in England.
NUTECH have previously analysed thousands of wells for oil majors in around 80 countries and last year completed a detailed analysis of the conventional potential of 381 UK onshore wells.