DOR Doriemus

 
TIDMDOR 
 
Doriemus plc 
 
                         ("Doriemus" or the "Company") 
 
                       Update on Horse Hill Prospect, UK 
 
                      Environment Agency Permits Granted 
 
Doriemus Plc (AIM: DOR) announces that Horse Hill Developments Ltd ("HHDL") has 
now been granted final approvals from the UK Environment Agency to proceed with 
the drilling of the Horse Hill -1 well at Horse Hill in Surrey. 
 
Doriemus has a binding agreement in place to own a direct 10% interest in HHDL, 
a special purpose company that owns a 65% participating interest and 
operatorship of onshore licence PEDL137 in the Weald Basin. 
 
Donald Strang, the Company's Chairman, commented: 
 
"Recent heavy rainfall in the area has unfortunately delayed the completion of 
site construction works, however the concrete cellar is on-site and is ready to 
install once the ground conditions allow. We look forward to spudding of this 
important Horse Hill-1 well shortly." 
 
The participants in the Horse Hill-1 well are HHDL (Operator) with a 65% 
working interest and Magellan Petroleum Corporation with a 35% interest. 
 
Enquiries: 
 
Doriemus plc                            +44 (0) 20 7440 0640 
Donald Strang/Hamish Harris 
 
Cairn Financial Advisers LLP            +44 (0) 20 7148 7900 
Nominated Adviser and Broker 
James Caithie/Jo Turner/Carolyn Sansom 
 
 
 
END 
 

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