Licence number: PEDL233
UKOG interest: 50%

The Baxters Copse oil discovery is located in Hampshire, adjacent to the Singleton oil field. It was discovered in 1983 and is again a conventional Jurassic Great Oolite limestone reservoir. Again, IGas is the operator and UKOG acquired its 50% interest from Northern Petroleum. IGas plans to drill a horizontal appraisal/development well in 2016.

Estimated contingent resources from Senergy’s July 2014 CPR for IGas are shown in the table below.

Estimated Baxters Copse Contingent Resources (Source: Senergy CPR July 2014)

MMbbl
(at 1 January 2014)

Gross

Net Attributable (50%)

Operator

1C

2C

3C

1C

2C

3C

Contingent Resources

3.114

4.671

6.228

1.557

2.336

3.114

IGas

Potential Baxters Copse Horizontal Appraisal/Development Well Trajectories


Source: IGas/ UKOG