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Billions of Barrels of Oil Discovery - HorseHill

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DrillaHill   Saturday, 04/11/15 04:53:13 AM
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Billions of Barrels of Oil Discovery - HorseHill



"Oil discovery near Gatwick airport 'significant'"
www.bbc.com/news/business-32229203

"Based on what we've found here, we're looking at between 50 and 100 billion barrels of oil in place in the ground," says Mr Sanderson.

"We believe we can recover between 5% and 15% of the oil in the ground, which by 2030 could mean that we produce 10%-to-30% of the UK's oil demand from within the Weald area."





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