UK Oil & Gas PLC - London-based oil and gas company focused on operations in the UK - Says it is preparing to transport its wholly owned casing stocks to Turkey for use in the forthcoming Basur-3 mechanical sidetrack at the Basur-Resan licence in southern Turkey. Drilling of Basur-3 is scheduled to commence following the interpretation of seismic processing results. These results are currently expected within the first quarter of 2022. UK Oil & Gas explains that the use of its own casing at Basur-3 will reduce the company’s net drilling cost and capital expenditure requirements, as well as removing further storage costs.

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