Extended Flow Test Commences Over Horse Hill-1

Horse Hill Developments Limited has commenced operations to conduct a planned extended flow test over three separate zones in the Horse Hill-1 oil discovery well.

The HH-1 well, drilled at the end of 2014, is located within onshore exploration licence PEDL137 on the northern side of the Weald Basin near Gatwick Airport. The well identified oil bearing reservoirs in a number of intervals including the Portland Sandstone and the Kimmeridgian Limestones. Testing operations are expected to take about 30 days to perform and will examine both the oil bearing Upper Portland sandstone reservoir and two Kimmeridge limestone reservoirs beneath the Portland.

Horse Hill Developments Ltd owns a 65 percent participating interest and is the operator of PEDL137. Solo Oil owns a 10 percent direct interest in Horse Hill Developments Ltd and a 6.5 percent interest in PEDL137.

Neil Ritson, Solo's chairman, commented in a company statement:

"Collecting flow rate and reservoir engineering data is a key step in establishing commerciality and designing a development program. We therefore look forward with great interest to reviewing the data with the Horse Hill partners as those results become available."

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