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UK Oil & Gas PLC - UK-focused oil and gas exploration and production company - Says Pinarova-1 well in Turkey has reached a final depth of 600 metres below surface. Plans are being made to run a selective cased hole flow test operation. Also, oil samples recovered from Pinarova-1 have been dispatched to the UK for geochemical study to assist investigations into the possibility that a deeper light oil accumulation may exist below the Pinarova area within cretaceous limestones. UK Oil & Gas holds a 50% interest in Pinarova-1. Current stock price: 0.074 pence, up 4.2% 12-year change: down 38% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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