10 Dec 2013
Hannon Westwood publish independent analysis on Independent Oil Gas Plc
Hannon Westwood has advised Independent Oil and Gas Plc ("IOG") that it has prepared a report on our assets. They are happy for IOG to share this report on our website and it can be viewed here.
This work is entirely their own, as are the views expressed therein, and has not been verified by IOG. The definitions of Core and Non-Core assets used in the report are Hannon Westwood's own terminology and represent their own views.
About Independent Oil & Gas:
IOG is an oil & gas company with established assets focused on the UK North Sea. The company’s strategy is to deliver near term development and production assets in North West Europe, through its extensive technical and commercial expertise, whilst maintaining some exposure to exploration upside. The Company is looking to grow both organically and through acquisition.
IOG has four licences in the North Sea: In addition to the Blythe and Skipper licences co-owned 50% with ATP UK, IOG has a 100% working interest in two licences awarded in the 27th licencing round. One is to the west of and adjacent to Skipper, the other is to the east of Blythe. Both these licences have potential resources that could be tied back to developments at Skipper and Blythe respectively.