Operator: UK Oil and Gas plc (UKOG) (Licence held with Doriemus Plc)
Planning application expected soon
200 square kilometres of the Isle of Wight are licensed for oil extraction. Stephen Sanderson, CEO of UK Oil and Gas plc (UKOG), has talked up the prospects, saying that Arreton has “127 million barrels of oil in place, that’s four times the oil in place of Horse Hill, so we’re potentially looking at four times the recoverable volume” (watch the interview where he says this).
In January 2019, announced that it expected to submit a planning application in the first quarter of 2019 for a test pilot hole and horizontal wellbore at Arreton. In August they secured more time to drill, extending their licence until July 2023.
UKOG have told investors they intend to submit their planning application to the Isle of Wight Council at the end of 2019 or beginning of 2020. So far, no application has been submitted.
More than 1,300 people have signed a petition to the Isle of Wight Council asking them not to let UKOG drill for oil at Arreton.
Frack Free Isle of Wight, a group of like-minded individuals from a wide variety of backgrounds, professions and political affiliations, is committed to raising awareness of the local, national and global issues surrounding all forms of fossil fuel exploitation methods and their potential impact on our Island and the planet.
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