British shale oil sector gaining momentum
London (UPI) Aug 26, 2015 - At least 10 billion barrels of potential oil in place is thought to lie in the Horse Hill shale license area in the south of the country, a British group said. U.K. Oil and Gas Ltd. said an independent assessment from oil services company Schlumberger found a mean 10.9 billion barrels of oil in pace in a 55 square-mile area of the Horse Hill basin. U.K. Oil and Gas Chairman Steph ... more
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