·1 min read
The company with the rights to extract oil from Isle of Wight sites have today announced they think that there's over 100 million barrels available - and it's 'drill ready'.
UK Oil and Gas PLC is a UK-based oil and gas exploration and production company.
The company is listed on the London Stock Exchange in the Alternative Investment Market.
They have licences to drill for oil on the Isle of Wight in the Arreton Area.
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