Independent Oil and Gas (IOG) is poised to kick-start its North Sea drilling campaign after getting the green light at is general meeting.
Chief executive Mark Routh said: “We are now in the final stages of preparation for this well which we believe will be transformational for IOG and should confirm Skipper as a key pillar in our target to achieve more than 100 MMBoe combined 2P reserves and 2C resources net to IOG from the existing portfolio once the previously announced Vulcan satellites acquisition is completed.
“We are very excited to be drilling in the North Sea at this time and look forward to progressing straight to the Skipper Field Development planning thereafter.”
