By Company in Chronological Order of First Well Spud

ūüö©¬†DRILLING NOW

ANGLO AFRICAN OIL & GAS (AAOG) (mkt. cap. £12.54m @ 7.05p)
Web: http://www.aaog.com  Email: david.sefton@aaog.co  Tel: +44 (0) 7989 333 371  Business address: not disclosed  Directors own: 0%
TLP-103C appraisal/exploration well, Republic of the Congo¬†‚Äď 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. £19.23m @ 4.7p)
Web: http://www.tlouenergy.com  Email: info@tlouenergy.com  Tel: +61 7 3012 9793  Business address: 210 Alice Street, Brisbane, Australia  Directors own: 6.96%
Lesedi CBM production wells, Botswana¬†‚Äď 100% TLOU interest
Resource estimate: 2P gas reserves in place of 41 BCF
Chance of success: not yet communicated

IGAS ENERGY (IGAS) (mkt. cap. £113.26m @ 92.8p)
Web: http://www.igasplc.com  Email: enquiries@igasplc.com  Tel: +44 (0) 207 993 9899  Business address: 7 Down Street, London, W1  Directors own: 0.7%
TL-1 shale exploration well, North Nottinghamshire¬†‚Äď 55% IGAS interest
Resource estimate: not yet communicated
Chance of success: not yet communicated

SOUND ENERGY (SOU) (mkt. cap. £130.72m @ 12.39p)
Web: http://www.soundenergyplc.com  Email: info@soundenergyplc.com  Tel: +44 (0) 1732 606030 Business address: 4 Pembroke Road, Sevenoaks, Kent  Directors own: 0.188%
TE-10 exploration well, Eastern Morocco¬†‚Äď 75% SOU interest
Resource estimate: estimated volumes of 2.6 TCF mid case gross gas originally in place
Chance of success: 14%

ūüö©¬†FULLY FUNDED WITH SPUD DATE GUIDANCE

EGDON RESOURCES (EDR) (mkt. cap. £19.19m @ 7.38p)
Web: http://www.egdon-resources.com  Email: info@egdon-resources.com  Tel: + 44 (0) 1256 702292 Business address: 98 High Street, Odiham, Hampshire  Directors own: not yet communicated
Biscathorpe-2 exploration well, South Humber Basin¬†(spud January 2019) ‚Äď 40.8% EDR interest
Resource estimate: best estimate gross prospective resources of 14 MMBO
Chance of success: 40%.
Waddock Cross Field appraisal well, Wessex Basin¬†(spud late 2018, early 2019) ‚Äď 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. £9.72m @ 0.115p)
Web: http://www.unionjackoil.com  Email: info@unionjackoil.com (not working)  Tel: +44 (0) 1225 428139 (number on website is accountants, not UJO)  Business address: not disclosed  Directors own: 3.5%
Biscathorpe-2 exploration well, South Humber Basin¬†(spud January 2019) ‚Äď 22% UJO interest
Resource estimate: best estimate gross prospective resources of 14 MMBO
Chance of success: 40%.
West Newton appraisal well, East Yorkshire¬†(spud Q1 2019) ‚Äď 16.665% UJO interest
Resource estimate: base estimate contingent resources of 189 BCF
Chance of success: not yet communicated

UPLAND RESOURCES (UPL) (mkt. cap. £17.37m @ 3p)
Web: http://www.uplandres.com  Email: s.staley@uplandres.com  Tel: +44 (0) 1335 300337  Business address: The Green Man, Ashbourne, Derbyshire  Directors own: 39.85%
Wick Prospect exploration well, North Sea¬†(spud December 2018) ‚Äď 40% UPL interest
Resource estimate: gross resources of 23.5 MMBO
Chance of success: 30%

BARON OIL (BOIL) (mkt. cap. £5.71m @ 0.415p)
Web: http://www.baronoilplc.com  Email: malcolm@butlermail.org  Tel: +44 (0) 1892 838948  Business address: 3 Monson Road, Tunbridge Wells, Kent  Directors own: 0.3%
Colter Prospect appraisal well, Bournemouth Bay¬†(spud Q1 2019) ‚Äď 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) ‚Äď 100% BOIL interest
Resource estimate: unrisked recoverable P50 Prospective Resources of 25 BCF
Chance of success: not yet communicated
Wick Prospect exploration well, North Sea¬†(spud December 2018) ‚Äď 15% BOIL interest
Resource estimate: gross resources of 23.5 MMBO
Chance of success: 30%

SERICA ENERGY (SQZ) (mkt. cap. £297.85m @ 112.5p)
Web: http://www.serica-energy.com  Email: info@serica-energy.com  Tel: +44 (0) 20 7487 7300  Business address: 52 George Street, London W1  Directors own: 20.56%
Rowallan Prospect exploration well, North Sea¬†(spud December 2018) ‚Äď 15% SQZ interest
Resource estimate: best estimate gross prospective resources of 131 MMBO
Chance of success: not yet communicated

ANDALAS ENERGY & POWER (ADL) (mkt. cap. £2.47m @ 0.675p)
Web: http://www.andalasenergy.co.uk  Email: info@andalasenergy.co.uk  Tel: not disclosed  Business address: not disclosed  Directors own: 3.13%
Colter Prospect appraisal well, Bournemouth Bay¬†(spud Q1 2019) ‚Äď 8% ADL interest
Resource estimate: gross unrisked P50 prospective Resources of 30 MMBO recoverable
Chance of success: 58%

UNITED OIL & GAS (UOG) (mkt. cap. £14.17m @ 4.1p)
Web: http://www.uogplc.com  Email: info@uogplc.com  Tel: not disclosed  Business address: 9 Upper Pembroke Street, Dublin 2, Ireland  Directors own: 6.5%
Colter Prospect appraisal well, Bournemouth Bay¬†(spud Q1 2019) ‚Äď 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 late 2018, early 2019) ‚Äď 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 Business address: 9 The Esplanade, St Helier, Jersey  Directors own: 7.5%
Verbier appraisal well, North Sea¬†(spud Q1 2019) ‚Äď 18% JOG interest
Resource estimate: mean gross recoverable resources of 69 MMBOE
Chance of success: not yet communicated

88 ENERGY (88E) (mkt. cap. £59.2m @ 0.935p)
Web: http://www.88energy.com  Email: not disclosed  Tel: +61 (0) 8 9485 0990  Business address: 5 Ord Street, West Perth, Australia  Directors own: 0.48%
Western Blocks exploration well, Alaska¬†(spud February 2019) ‚Äď 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. £11.87m @ 2.79p)
Web: http://www.redemperorresources.com  Email: info@redemp.com.au  Tel: +61 (0) 8 9212 0102 Business address: 35 Richardson Street, West Perth, Australia  Directors own: 0.23%
Western Blocks exploration well, Alaska¬†(spud February 2019) ‚Äď 31.5% RMP interest
Resource estimate: gross best estimate prospective resource volume of 400 MMBO
Chance of success: 25-30%

ZOLTAV RESOURCES (ZOL) (mkt. cap. £23.42m @ 16.5p)
Web: http://www.zoltav.com  Email: info@zoltav.com  Tel: +7 (8452) 30-91-15  Business address: Chernyshevskogo str 50, Saratov, Russia  Directors own: 0%
Devonian exploration well, South Western Russia¬†(spud Q1 2019) ‚Äď 100% ZOL interest
Resource estimate: not yet communicated
Chance of success: not yet communicated

ECO (ATLANTIC) OIL & GAS (ECO) (mkt. cap. £69.25m @ 44p)
Web: http://www.ecooilandgas.com  Email: gil@ecooilandgas.com  Tel: +1 (416) 250 1955  Business address: 120 Adelaide St W, Toronto, Canada  Directors own: 18.64%
Orinduik Block exploration well, Guyana¬†(spud late May/early June 2019) ‚Äď 15% ECO interest
Resource estimate: in excess of 1 BBO
Chance of success: not yet communicated

PROVIDENCE RESOURCES (PVR) (mkt. cap. £70.97m @ 11.875p)
Web: http://www.providenceresources.com  Email: info@providenceresources.com  Tel: +353 1 2194074 Business address: Airfield House, Donnybrook, Dublin, Ireland  Directors own: 0.4%
Barryroe appraisal wells, Celtic Sea Basin¬†(spud Q3 2019) ‚Äď 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. £10.92m @ 1.65p)
Web: http://www.lansdowneoilandgas.com  Email: not disclosed  Tel: not disclosed  Business address: Paramount Court, Sandyford, Dublin, Ireland  Directors own: 7.3%
Barryroe appraisal wells, Celtic Sea Basin¬†(spud Q3 2019) ‚Äď 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. £118.06m @ 23.6p)
Web: http://www.sanleonenergy.com  Email: dublin@sanleonenergy.com  Tel: +353 (0) 1 2916292 Business address: 3300 Lake Drive, Dublin, Ireland  Directors own: 0.74%
Barryroe appraisal wells, Celtic Sea Basin¬†(spud Q3 2019) ‚Äď 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

ūüö©¬†POSSIBLE DRILLS IN 2019 ONWARDS¬†(subject to funding / farm out / rig confirmation / etc.)

ROSE PETROLEUM (ROSE) (mkt. cap. £3.01m @ 2.1p)
Web: http://www.rosepetroleum.com  Email: matthew.idiens@rosepetroleum.com  Tel: +44 (0) 20 7225 4590  Business address: Newmarket House, Market Street, Newbury  Directors own: 1.23%
Paradox acreage appraisal wells, Utah¬†(first well spud Q1 2019 ‚Äď multi well programme) ‚Äď 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. £55.56m @ 1.525p)
Web: http://www.aminex-plc.com  Email: info@aminex-plc.com  Tel: +44 (0) 20 3198 8415  Business address: 16 Smith Square, London SW1  Directors own: 2.2%
Chikumbi-1 appraisal/exploration well, Tanzania¬†(spud Q1 2019) ‚Äď 25% AEX interest
Resource estimate: not yet communicated
Chance of success: not yet communicated

SOLO OIL (SOLO) (mkt. cap. £10.3m @ 1.63p)
Web: http://www.solooil.co.uk  Email: info@solooil.co.uk  Tel: +44 (0) 20 7440 0642  Business address: 38 Jermyn Street, London SW1  Directors own: not yet communicated
Chikumbi-1 appraisal/exploration well, Tanzania¬†(spud Q1 2019) ‚Äď 25% SOLO interest
Resource estimate: not yet communicated
Chance of success: not yet communicated

INDEPENDENT OIL & GAS (IOG) (mkt. cap. £23.76m @ 18.75p)
Web: http://www.independentoilandgas.com  Email: not disclosed  Tel: +44 (0) 20 3879 0510  Business address: 10 Arthur Street, London EC4  Directors own: 6.12%
Harvey appraisal well, North Sea¬†(spud Q1 2019) ‚Äď 100% IOG interest
Resource estimate: gross mid-case unrisked prospective gas resources of 302 BCF
Chance of success: 63%

TOWER RESOURCES (TRP) (mkt. cap. £5.19m @ 1.375p)
Web: http://www.towerresources.co.uk  Email: ja@towerresources.co.uk  Tel: +44 (0) 20 7157 9625 Business address: 140 Buckingham Palace Road, London SW1  Directors own: 13.5%
Thali licence appraisal/exploration well, Cameroon¬†(spud Q2 2019) ‚Äď 100% TRP interest
Resource estimate: contingent recoverable resources of 18 MMBO
Chance of success: not yet communicated

CLUFF NATURAL RESOURCES (CLNR) (mkt. cap. £11.57m @ 2.15p)
Web: http://www.cluffnaturalresources.com  Email: admin@cluffnaturalresources.com  Tel: +44 (0) 20 7887 2630  Business address: not disclosed  Directors own: 3.86%
Three well exploration programme, Southern North Sea¬†(spud Summer 2019) ‚Äď 100% CLNR interest (subject to farm out)
Resource estimate: 4.3 TCF P50 prospective resources
Chance of success: not yet communicated

ECHO ENERGY (ECHO) (mkt. cap. £35.37m @ 7.4p)
Web: http://www.echoenergyplc.com  Email: info@echoenergyplc.com  Tel: +44 (0) 20 7190 9930  Business address: 40 George Street, London W1  Directors own: not yet communicated
Tapi Aike exploration wells, Argentina¬†(spud H2 2019) ‚Äď 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 (£2.17m) @ A$0.003)
Web: http://www.talonpetroleum.com.au  Email: info@talonpetroleum.com.au  Tel: +61 8 6319 1900 Business address: 1202 Hay Street, West Perth, Australia  Directors own: 19.8%
Curlew-A appraisal well, North Sea¬†(spud Q3 2019) ‚Äď 10% TPD interest
Resource estimate: 45 MMBOE gross 2C contingent resource
Chance of success: not yet communicated

PETRO MATAD (MATD) (mkt. cap. £14.24m @ 2.15p)
Web: http://www.petromatadgroup.com  Email: admin@petromatadgroup.com  Tel: +44 (0) 1624 627 099 Business address: not disclosed  Directors own: 5.6%
Block XX, Mongolia¬†(spud 2019 – three well programme) ‚Äď 100% MATD interest
Resource estimate: not yet communicated
Chance of success: not yet communicated

EUROPA OIL & GAS (EOG) (mkt. cap. £8.91m @ 2.95p)
Web: http://www.europaoil.com  Email: mail@europaoil.com  Tel: +44 (0) 20 7224 3770  Business address: not disclosed  Directors own: 13.37%
Inishkea exploration well, Offshore Ireland¬†(spud 2020) ‚Äď 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. £24m @ 0.675p)
Web: http://www.siriuspetroleum.com  Email: enquiries@siriuspetroleum.com  Tel: +44 (0) 20 3740 7460 Business address: 42 Berkeley Square, London W1  Directors own: not yet communicated
Ororo-2 production well, Nigeria¬†(rig confirmation awaited) ‚Äď 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. £6.95m @ 0.295p)
Web: http://www.canoverseas.com ¬†Email: not disclosed ¬†Tel: +1¬†403.262.5441 ¬†Business address: 3200, 715 ‚Äď 5th Avenue SW,¬†Calgary, Canada ¬†Directors own: 4.1% (including senior management)
OPL 226 appraisal well, offshore Nigeria¬†(financing awaited) ‚Äď 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. £17.23m @ 41.5p)
Web: http://www.i3.energy  Email: not disclosed  Tel: +44 (0) 1224 945 980  Business address: 11 Abercrombie Court, Prospect Road, Westhill  Directors own: 51.18%
LP-1 production well, North Sea¬†(financing awaited) ‚Äď 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 7 December 2018 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.