Oil & Gas Authority
21 Bloomsbury Street
London WC1B 3HF
13th June 2018
Confirmation of Insurance Policy Continuation
Further to our letter of 28th March 2018 on this subject, for the avoidance of doubt, the Horse Hill
Developments Ltd (HHDL) Board of Directors hereby confirms that HHDL’s insurance policies that are in
place to cover the re-completion and extended well testing of the Horse Hill-1 (LR/24-4) well will be
renewed for a further year on 1 August 2018.
This insurance is
, currently arranged through
which covers the following
1. Property damage: all risks of physical loss or physical damage to property and equipment at the Horse
Hill-1 well site, including to/from the site.
2. Operator’s extra expense: cost of well control (making well safe in the event of an uncontrolled
release of hydrocarbons), cost of redrilling and restoration, clean-up of any pollution seepage or
3. Public, pollution and products liability:
I hereby further confirm that the above insurance policies cover, and will continue to cover from 1 August
2018, all the events that might arise from the Horse Hill-1 extended well testing activities for which we
are seeking OGA consent. It is HHDL’s considered opinion that the funds for such unexpected events are
sufficient in the circumstances.
HHDL has the funds necessary to cover the deductibles for the above insurance policies.
Director Horse Hill Developments Ltd