Horse Hill - worth £Billions or nothing?
Excitement amongst short term traders on AIM hit fever pitch today as news was released of a significant upgrade to the Horse Hill oil discovery. No less than six AIM-listed companies have direct interests in Horse Hill Developments Ltd the 65% owner and operator of the Horse Hill license which is located close to Gatwick airport. The shares of all six companies are flying today.
The last year has been very difficult for investors in Oil & Gas companies as the oil price has tumbled. So, it is good to see very positive news today from the group of companies involved in the Horse Hill oil prospect. Indeed the news was so exciting that it found a prominent place in many national television news programmes.
Horse Hill
The news released this morning was that Nutech Ltd, a Texas…
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