Solo buys stake in Surrey gas asset
London-listed energy explorer Solo Oil yesterday said it has agreed to buy a 10 per cent stake in Horse Hill Development, a special purpose company, which holds the rights to a 65 per cent interest in a project in the UK Weald Basin in Surrey. “Solo is keen to expand its portfolio of global onshore oil and gas investments and the recent developments in the UK, have increased interest in the sector,” said executive director Neil Ritson.