Flow testing was performed for a total of 9 ½ hours yesterday through a smaller 28/64-inch choke and the produced oil has been sent by tanker to be refined.
Solo owns a 6.5% interest in PEDL137 which is located on the north side of the UK Weald Basin close to Gatwick airport.
Neil Ritson, Solo’s Chairman commented:
"The exciting initial flow rate of over 450 bopd has been maintained for a second day which is further encouraging news from this well. Two further intervals are yet to be tested and we look forward to further news in the coming days."
Qualified Person’s Statement:
The information contained in this announcement has been reviewed and approved by Neil Ritson, Chairman and Director of Solo Oil plc who has over 38 years of relevant experience in the energy sector. Mr. Ritson is a member of the Society of Petroleum Engineers, an Active Member of the American Association of Petroleum Geologists and is a Fellow of the Geological Society of London.
