Company Overview

IOG is a UK based Development & Production company with established interests in four UK North Sea licences

Strategy

IOG will seek out, identify and progress new projects which complement its existing operations with the aim of creating a balanced portfolio of assets that will optimise invested equity and maximise shareholder returns.

Background

IOG was established in February 2011, combining the UK assets of MOST Inc. and Ebor Energy Inc. IOG now owns 100% of the Blythe gas field in the Southern North Sea (blocks 48/22b and 48/23a) and 100% of the Skipper licence south east of the Shetlands (block 9/21a). IOG was awarded the Harvey and Truman promote licence (blocks 48/23c and 48/24b) at 100% working interest in December 2013. IOG was awarded the Elgood, Hambleton, Tetley & Rebellion promote licence (block 48/22c) at 100% working interest in March 2015.

Team

IOG’s Board and technical team bring together outstanding technical, operational and financial expertise with in-depth experience of operating in the North Sea and internationally.

Risk management

IOG’s commitment to risk management extends through every facet of its business; the assets in which it chooses to invest, its partners and throughout its operational activities.

HSE

The safety and well-being of IOG’s personnel and all those influenced by its activities is an absolute priority in all areas of operations.  HSE compliance is a key Company objective and, accordingly, is supervised and managed by the Board.  Please see IOG’s HSE Policy.

Independent Oil & Gas PLC (IOG) is focused on building a significant oil and gas company which will maximise shareholder returns through the enhanced development of hydrocarbon reserves and the acquisition, trading and monetisation of licence interests.

Well test at the York appraisal Well January 2011