🚩 DRILLING NOW

ANGLO AFRICAN OIL & GAS (AAOG) (mkt. cap. £16.73m @ 9.4p)
Web: http://www.aaog.com  Email: david.sefton@aaog.co  Tel: +44 (0) 7989 333 371  Corporate office address: not disclosed  Directors own: 0%
TLP-103C appraisal/exploration well, Republic of the Congo – 56% AAOG interest
Resource estimate: 8.1 MMBO gross contingent resource (Mengo) and 58.4 MMBO gross prospective resources (Djeno)
Chance of success: 60% Mengo and 25% Djeno

TLOU ENERGY (TLOU) (mkt. cap. £23.93m @ 5.85p)
Web: http://www.tlouenergy.com  Email: info@tlouenergy.com  Tel: +61 (7) 3012 9793  Corporate office address: 210 Alice Street, Brisbane, Australia  Directors own: 6.96%
Lesedi CBM production wells, Botswana – 100% TLOU interest
Resource estimate: 2P gas reserves in place of 41 BCF
Chance of success: not yet communicated

SERICA ENERGY (SQZ) (mkt. cap. £358.75m @ 135.5p)
Web: http://www.serica-energy.com  Email: info@serica-energy.com  Tel: +44 (0) 20 7487 7300  Corporate office address: 52 George Street, London W1  Directors own: 20.56%
Rowallan Prospect exploration well, North Sea – 15% SQZ interest
Resource estimate: best estimate gross prospective resources of 131 MMBO
Chance of success: not yet communicated

EGDON RESOURCES (EDR) (mkt. cap. £20.8m @ 8p)
Web: http://www.egdon-resources.com  Email: info@egdon-resources.com  Tel: + 44 (0) 1256 702292 Corporate office address: 98 High Street, Odiham, Hampshire  Directors own: not yet communicated
Biscathorpe-2 exploration well, South Humber Basin – 35.8% EDR interest
Resource estimate: best estimate prospective resources of 7.3 MMBO
Chance of success: 40%.
Waddock Cross Field appraisal well, Wessex Basin (spud early 2019) – 55% EDR interest
Resource estimate: base-case gross contingent resources of 1.2 MMBO
Chance of success: not yet communicated

UNION JACK OIL (UJO) (mkt. cap. £10.56m @ 0.125p)
Web: http://www.unionjackoil.com  Email: info@unionjackoil.com (not working)  Tel: +44 (0) 1225 428139 (number on website is accountants, not UJO)  Corporate office address: not disclosed  Directors own: 3.5%
Biscathorpe-2 exploration well, South Humber Basin – 22% UJO interest
Resource estimate: best estimate prospective resources of 7.3 MMBO
Chance of success: 40%.
West Newton appraisal well, East Yorkshire (spud Q1 2019) – 16.665% UJO interest
Resource estimate: base estimate contingent resources of 189 BCF
Chance of success: not yet communicated

CALIMA ENERGY (ASX: CE1) (mkt. cap. A$69.35 (£38.95m) @ A$0.049)
Web: http://www.calimaenergy.com  Email: info@calimaenergy.com  Tel: +61 (8) 6500 3270  Corporate office address: 1A/1 Alvan St Subiaco, Perth, Australia  Directors own: 4.67%
Calima-1 vertical well, British Columbia (first well of three well programme) – 100% CE1 interest
Resource estimate: best estimate unrisked prospective resources of 475 MMBOE
Chance of success: not yet communicated

🚩 FULLY FUNDED WITH SPUD DATE GUIDANCE

ANDALAS ENERGY & POWER (ADL) (mkt. cap. £3.38m @ 0.925p)
Web: http://www.andalasenergy.co.uk  Email: info@andalasenergy.co.uk  Tel: not disclosed  Corporate office address: not disclosed  Directors own: 3.13%
Colter Prospect appraisal well, Bournemouth Bay (spud Q1 2019) – 8% ADL interest
Resource estimate: gross unrisked P50 prospective Resources of 30 MMBO recoverable
Chance of success: 58%

BARON OIL (BOIL) (mkt. cap. £5.16m @ 0.375p)
Web: http://www.baronoilplc.com  Email: malcolm@butlermail.org  Tel: +44 (0) 1892 838948  Corporate office address: 3 Monson Road, Tunbridge Wells, Kent  Directors own: 0.3%
Colter Prospect appraisal well, Bournemouth Bay (spud Q1 2019) – 8% BOIL interest
Resource estimate: gross unrisked P50 prospective Resources of 30 MMBO recoverable
Chance of success: 58%
El Barco-3X exploration well, Peru (possible spud early 2019) – 100% BOIL interest
Resource estimate: unrisked recoverable P50 Prospective Resources of 25 BCF
Chance of success: not yet communicated

UNITED OIL & GAS (UOG) (mkt. cap. £17.11m @ 4.95p)
Web: http://www.uogplc.com  Email: info@uogplc.com  Tel: not disclosed  Corporate office address: 9 Upper Pembroke Street, Dublin 2, Ireland  Directors own: 6.5%
Colter Prospect appraisal well, Bournemouth Bay (spud Q1 2019) – 10% UOG interest
Resource estimate: gross unrisked P50 prospective Resources of 30 MMBO recoverable
Chance of success: 58%
Waddock Cross Field appraisal well, Wessex Basin (spud early 2019) – 26.25% UOG interest
Resource estimate: base-case gross contingent resources of 1.2 MMBO
Chance of success: not yet communicated

JERSEY OIL & GAS (JOG) (mkt. cap. £36.24m @ 166p)
Web: http://www.jerseyoilandgas.com  Email: adaly@jerseyoilandgas.com  Tel: +44 (0) 1534 858622 Corporate office address: 9 The Esplanade, St Helier, Jersey  Directors own: 7.5%
Verbier appraisal well, North Sea (spud Q1 2019) – 18% JOG interest
Resource estimate: mean gross recoverable resources of 69 MMBOE
Chance of success: not yet communicated

IGAS ENERGY (IGAS) (mkt. cap. £107.43m @ 88p)
Web: http://www.igasplc.com  Email: enquiries@igasplc.com  Tel: +44 (0) 207 993 9899  Corporate office address: 7 Down Street, London, W1  Directors own: 0.7%
Springs Road shale exploration well, Nottinghamshire (spud Q1 2019) – 55% IGAS interest
Resource estimate: not yet communicated
Chance of success: not yet communicated

88 ENERGY (88E) (mkt. cap. £67.75m @ 1.07p)
Web: http://www.88energy.com  Email: not disclosed  Tel: +61 (0) 8 9485 0990  Corporate office address: 5 Ord Street, West Perth, Australia  Directors own: 0.48%
Western Blocks exploration well, Alaska (spud February 2019) – 36% 88E interest
Resource estimate: gross best estimate prospective resource volume of 400 MMBO
Chance of success: 25-30%

RED EMPEROR RESOURCES (RMP) (mkt. cap. £15.31m @ 3.6p)
Web: http://www.redemperorresources.com  Email: info@redemp.com.au  Tel: +61 (0) 8 9212 0102 Corporate office address: 35 Richardson Street, West Perth, Australia  Directors own: 0.23%
Western Blocks exploration well, Alaska (spud February 2019) – 31.5% RMP interest
Resource estimate: gross best estimate prospective resource volume of 400 MMBO
Chance of success: 25-30%

PANTHEON RESOURCES (PANR) (mkt. cap. £56.4m @ 23.75p)
Web: http://www.pantheonresources.com  Email: contact@pantheonresources.com  Tel: +44 (0) 20 7484 5361  Corporate office address: 8 Duncannon Street, London WC2  Directors own: 2.15%
Western Blocks exploration well, Alaska (spud February 2019) – 10% PANR carried interest
Resource estimate: gross best estimate prospective resource volume of 400 MMBO
Chance of success: 25-30%

ZOLTAV RESOURCES (ZOL) (mkt. cap. £22.36m @ 15.75p)
Web: http://www.zoltav.com  Email: info@zoltav.com  Tel: +7 (8452) 30-91-15  Corporate office address: Chernyshevskogo str 50, Saratov, Russia  Directors own: 0%
Devonian exploration well, South Western Russia (spud Q1 2019) – 100% ZOL interest
Resource estimate: not yet communicated
Chance of success: not yet communicated

SOUND ENERGY (SOU) (mkt. cap. £324.97m @ 30.8p)
Web: http://www.soundenergyplc.com  Email: info@soundenergyplc.com  Tel: +44 (0) 1732 606030 Corporate office address: 4 Pembroke Road, Sevenoaks, Kent  Directors own: 0.188%
TE-11 exploration well, Eastern Morocco (spud Q1 2019) – 75% SOU interest
Resource estimate: estimated volumes of 2.6 TCF mid case gross gas originally in place
Chance of success: not yet communicated

ECO (ATLANTIC) OIL & GAS (ECO) (mkt. cap. £73.23m @ 49p)
Web: http://www.ecooilandgas.com  Email: gil@ecooilandgas.com  Tel: +1 (416) 250 1955  Corporate office address: 120 Adelaide St W, Toronto, Canada  Directors own: 18.64%
Orinduik Block exploration well, Guyana (spud late May/early June 2019) – 15% ECO interest
Resource estimate: in excess of 1 BBO
Chance of success: not yet communicated

PROVIDENCE RESOURCES (PVR) (mkt. cap. £82.48m @ 13.8p)
Web: http://www.providenceresources.com  Email: info@providenceresources.com  Tel: +353 1 2194074 Corporate office address: Airfield House, Donnybrook, Dublin, Ireland  Directors own: 0.4%
Barryroe appraisal wells, Celtic Sea Basin (spud Q3 2019) – 40% PVR interest
Resource estimate: 2C total recoverable resources of 345.5 MMBOE
Chance of success: not yet communicated

LANSDOWNE OIL & GAS (LOGP) (mkt. cap. £12.08m @ 1.825p)
Web: http://www.lansdowneoilandgas.com  Email: not disclosed  Tel: not disclosed  Corporate office address: Paramount Court, Sandyford, Dublin, Ireland  Directors own: 7.3%
Barryroe appraisal wells, Celtic Sea Basin (spud Q3 2019) – 10% LOGP interest
Resource estimate: 2C total recoverable resources of 345.5 MMBOE
Chance of success: not yet communicated

SAN LEON ENERGY (SLE) (mkt. cap. £138.07m @ 27.65p)
Web: http://www.sanleonenergy.com  Email: dublin@sanleonenergy.com  Tel: +353 (0) 1 2916292 Corporate office address: 3300 Lake Drive, Dublin, Ireland  Directors own: 0.74%
Barryroe appraisal wells, Celtic Sea Basin (spud Q3 2019) – 4.5% SLE net profit interest (not required to pay any further appraisal or development costs)
Resource estimate: 2C total recoverable resources of 345.5 MMBOE
Chance of success: not yet communicated

🚩 POSSIBLE DRILLS IN 2019 ONWARDS (subject to funding / farm out / rig confirmation / etc.)

ROSE PETROLEUM (ROSE) (mkt. cap. £3.73m @ 2.6p)
Web: http://www.rosepetroleum.com  Email: matthew.idiens@rosepetroleum.com  Tel: +44 (0) 20 7225 4590  Corporate office address: Newmarket House, Market Street, Newbury  Directors own: 1.23%
Paradox acreage appraisal wells, Utah (first well spud Q1 2019 – multi well programme) – 75% ROSE interest
Resource estimate: gross contingent resources (2C) of 15.61 MMBO and 31.23 BCF
Chance of success: not yet communicated

AMINEX (AEX) (mkt. cap. £53.74m @ 1.475p)
Web: http://www.aminex-plc.com  Email: info@aminex-plc.com  Tel: +44 (0) 20 3198 8415  Corporate office address: 16 Smith Square, London SW1  Directors own: 2.2%
Chikumbi-1 appraisal/exploration well, Tanzania (spud Q1 2019) – 25% AEX interest
Resource estimate: mean un-risked GIIP (Gas Initially in Place) of 1.87 TCF
Chance of success: not yet communicated

SOLO OIL (SOLO) (mkt. cap. £10.74m @ 1.7p)
Web: http://www.solooil.co.uk  Email: info@solooil.co.uk  Tel: +44 (0) 20 7440 0642  Corporate office address: 38 Jermyn Street, London SW1  Directors own: not yet communicated
Chikumbi-1 appraisal/exploration well, Tanzania (spud Q1 2019) – 25% SOLO interest
Resource estimate: mean un-risked GIIP (Gas Initially in Place) of 1.87 TCF
Chance of success: not yet communicated

INDEPENDENT OIL & GAS (IOG) (mkt. cap. £19.66m @ 15.5p)
Web: http://www.independentoilandgas.com  Email: not disclosed  Tel: +44 (0) 20 3879 0510  Corporate office address: 10 Arthur Street, London EC4  Directors own: 6.12%
Harvey appraisal well, North Sea (spud Q1 2019) – 100% IOG interest
Resource estimate: gross mid-case unrisked prospective gas resources of 129 BCF
Chance of success: 63%

TOWER RESOURCES (TRP) (mkt. cap. £4.81m @ 1.275p)
Web: http://www.towerresources.co.uk  Email: ja@towerresources.co.uk  Tel: +44 (0) 20 7157 9625 Corporate office address: 140 Buckingham Palace Road, London SW1  Directors own: 13.5%
Thali licence appraisal/exploration well, Cameroon (spud Q2 2019) – 100% TRP interest
Resource estimate: contingent recoverable resources of 18 MMBO
Chance of success: not yet communicated

CLUFF NATURAL RESOURCES (CLNR) (mkt. cap. £13.86m @ 2.575p)
Web: http://www.cluffnaturalresources.com  Email: admin@cluffnaturalresources.com  Tel: +44 (0) 20 7887 2630  Corporate office address: not disclosed  Directors own: 3.86%
Three well exploration programme, Southern North Sea (spud Summer 2019) – 100% CLNR interest (subject to farm out)
Resource estimate: 4.3 TCF P50 prospective resources
Chance of success: not yet communicated

PETREL ENERGY (ASX: PRL) (mkt. cap. A$4.83m (£2.71m) @ A$0.002)
Web: http://www.petrelenergy.com  Email: office@petrelenergy.com  Tel: +61 (2) 9254 9000  Corporate office address: 10 Bridge Street, Sydney, Australia  Directors own: 4.4%
West Erregulla-2 exploration well, Western Australia (spud H1 2019) – 50% PRL interest
Resource estimate: best estimate (P50) prospective resources of 884 BCF
Chance of success: not yet communicated
Tesorillo-1 exploration well, Spain (spud H2 2019) – 50% PRL interest
Resource estimate: best estimate (P50) prospective resources of 829 BCF
Chance of success: not yet communicated

CHARIOT OIL AND GAS (CHAR) (mkt. cap. £10.28m @ 2.8p)
Web: http://www.chariotoilandgas.com  Email: KellyN@chariotoilandgas.com  Tel: +44 (0) 207 318 0450 Corporate office address: 19-21 Old Bond Street, London W1  Directors own: 8.2% (including senior management)
MOH-B exploration well, Morocco (spud H2 2019) – 75% CHAR interest
Resource estimate: gross mean prospective resource of 637 MMBO
Chance of success: not yet communicated
Prospect-1 exploration well, Brazil (spud H1 2020) – 100% CHAR interest
Resource estimate: gross, mean prospective resource of 911 MMBO
Chance of success: not yet communicated

ECHO ENERGY (ECHO) (mkt. cap. £40.39m @ 8.45p)
Web: http://www.echoenergyplc.com  Email: info@echoenergyplc.com  Tel: +44 (0) 20 7190 9930 Corporate office address: 40 George Street, London W1  Directors own: not yet communicated
Tapi Aike exploration wells, Argentina (spud H2 2019) – 50% ECHO interest
Resource estimate: gross unrisked prospective resources of 6.0 TCF
Chance of success: not yet communicated

TALON PETROLEUM (ASX: TPD) (mkt. cap. A$3.78m (£2.12m) @ A$0.003)
Web: http://www.talonpetroleum.com.au  Email: info@talonpetroleum.com.au  Tel: +61 (8) 6319 1900 Corporate office address: 1202 Hay Street, West Perth, Australia  Directors own: 19.8%
Curlew-A appraisal well, North Sea (spud Q3 2019) – 10% TPD interest
Resource estimate: 45 MMBOE gross 2C contingent resource
Chance of success: not yet communicated

MELBANA ENERGY (ASX: MAY) (mkt. cap. A$28.13m (£15.8m) @ A$0.016)
Web: http://www.melbana.com  Email: admin@melbana.com  Tel: +61 (3) 8625 6000  Corporate office address: 500 Collins Street, Melbourne, Australia  Directors own: 4.9%
Alameda and Zapato exploration wells, Cuba (spud before November 2019 – two well programme) – 12.5% MAY interest
Resource estimate: best estimate (P50) prospective resources of 718 MMBO
Chance of success: not yet communicated
WA-488-P exploration well, Australia (spud 2019) – 20% MAY interest
Resource estimate: best estimate (P50) prospective resources of 388 MMBO
Chance of success: not yet communicated

PETRO MATAD (MATD) (mkt. cap. £23.01m @ 3.475p)
Web: http://www.petromatadgroup.com  Email: admin@petromatadgroup.com  Tel: +44 (0) 1624 627 099 Corporate office address: not disclosed  Directors own: 5.6%
Block XX, Mongolia (spud 2019 – three well programme) – 100% MATD interest
Resource estimate: not yet communicated
Chance of success: not yet communicated

EUROPA OIL & GAS (EOG) (mkt. cap. £12.34m @ 2.775p)
Web: http://www.europaoil.com  Email: mail@europaoil.com  Tel: +44 (0) 20 7224 3770  Corporate office address: not disclosed  Directors own: 13.37%
Inishkea exploration well, Offshore Ireland (spud 2020) – 100% EOG interest (subject to farm out)
Resource estimate: 2.5 TCF undiscovered gas initially in place
Chance of success: not yet communicated

SIRIUS PETROLEUM (SRSP) (mkt. cap. £21.34m @ 0.6p)
Web: http://www.siriuspetroleum.com  Email: enquiries@siriuspetroleum.com  Tel: +44 (0) 20 3740 7460 Corporate office address: 42 Berkeley Square, London W1  Directors own: not yet communicated
Ororo-2 production well, Nigeria (rig confirmation awaited) – 40% SRSP interest
Resource estimate: mid-case gross contingent resources of 24.47 MMBOE
Chance of success: 50% (chance of development)

CANADIAN OVERSEAS PETROLEUM (COPL) (mkt. cap. £6.89m @ 0.285p)
Web: http://www.canoverseas.com  Email: not disclosed  Tel: +1 403.262.5441  Corporate office address: 3200, 715 – 5th Avenue SW, Calgary, Canada  Directors own: 4.1% (including senior management)
OPL 226 appraisal well, offshore Nigeria (financing awaited) – 40% COPL interest
Resource estimate: gross unranked prospective recoverable oil of 237.1 MMBO
Chance of success: not yet communicated

I3 ENERGY (I3E) (mkt. cap. £26.05m @ 63.5p)
Web: http://www.i3.energy  Email: not disclosed  Tel: +44 (0) 1224 945 980  Corporate office address: 11 Abercrombie Court, Prospect Road, Westhill  Directors own: 51.18%
LP-1 production well, North Sea (financing awaited) – 100% I3E interest
Resource estimate: 2P reserves of 11.7 MMBOE
Chance of success: not yet communicated

Upcoming Drills flags up fully funded companies with forthcoming, potentially transformational oil and gas drills. A complete schedule of drills by company in chronological order of first well spud is maintained on this page and updated regularly. Subscribe to our list to receive posts and updates to the drill schedule automatically by email. The schedule is based upon information communicated by the companies, hence lack of consistency with expression of reserve numbers, chances of success, etc. Directors’ share ownership is as per latest annual accounts or disclosure. Market capitalisations are as of close of business 11 January 2019 and do not include any shares still to be issued under pending placings, subscriptions or offers. Please note this post does not constitute investment advice or a recommendation to buy or sell and may be incorrect or outdated. Post relates to stock exchange listed oil and gas companies only.