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DECC confirms Horse Hill Developments has not applied for flow testing of HH-1

By Ben Turney | Wednesday 29 April 2015


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


This morning The Telegraph delivered another broadside to Horse Hill. It claimed that Horse Hill Developments Ltd has not applied to the regulator, the Oil and Gas Authority (OGA), “for permission to begin flow testing the Horse Hill-1 well in the Weald Basin.” This flies directly in the face of claims made in RNS announcements by the six listed companies participating in Horse Hill, not to mention David Lenigas on Twitter. We’ve spent much of the day seeking official confirmation of the accuracy of The Telegraph’s story. In the last hour we’ve received it.


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