Schlumberger adds to UKOG’s claim about Horse Hill, saying there could be 270m barrels per sq mile, but environmentalists say extraction is unpopular
Speculation of an oil boom around Gatwick airport is back on the City’s agenda after an independent report reinforced optimism that a small prospector had made a major find.
The report by a major oil services group, Schlumberger, gave new flight on Friday to the shares of UK Oil and Gas (UKOG), the independent driller that announced in April it had made a strike of “national significance”.
Related: Gatwick oil find company plays down 100bn barrel comments