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Investegate announcements from UK Oil & Gas PLC, Turkey: Pinarova-1 oil shows & testing

UK Oil & Gas (UKOG) reports that Pinarova-1's 9 5/8 inch casing is now set and cemented down to 287 metres below surface. It is planned to drill cautiously through the Hoya target zone and to open-hole test any zones where good live oil shows are encountered prior to reaching a total depth at around 550 metres.

Investegate announcements from UK Oil & Gas PLC, Turkey: Pinarova-1 reaches first casing point

UK Oil & Gas (UKOG) has announced that Pinarova-1 has now reached its planned 9 5/8 inch casing point several days ahead of schedule. After running and cementing casing, drilling of 8½ inch diameter hole down through the Hoya target will commence. It is planned to test any zones where good live oil shows are encountered prior to reaching the estimated total depth of around 500-550 metres.

AIM-listed UK Oil & Gas has announced that drilling operations have commenced at the Pinarova-1 well. Pinarova-1 is located in the Resan licence, which also includes the as yet undeveloped Basur-1 light oil discovery.