Solo has been advised by the operator, Horse Hill Developments Limited, that light, 40 degree API, sweet oil has flowed naturally to surface from an 80-foot zone within the Lower Kimmeridge limestone interval at a depth of approximately 900 metres below ground level.

Fluid flow commenced at around 10.00am GMT yesterday at an initial instantaneous rate in excess of 700 barrels per day through a 1-inch choke, in an approximate mix of 50:50 oil to water. The well was then choked back to 32/64-inches resulting in a steady early oil rate in excess of 460 barrels of oil per day over a further seven hour period, in an approximate mixture of 99% oil and less than 1% water.

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