REG - UK Oil & Gas Inv PLC - Application for Planning Consent Extension

UK Oil & GasAnnouncement

15/06/2018 07:05

RNS Number : 4754R
UK Oil & Gas Investments PLC
15 June 2018
 


 
UK Oil & Gas Investments PLC
("UKOG" or the "Company")
 
Broadford Bridge-1/1z Oil Discovery, Weald Basin, UK
Application for Planning Consent Extension
 
UK Oil & Gas Investments PLC (LSE AIM/ISDX: UKOG) announces that its wholly owned subsidiary, Kimmeridge Oil & Gas Limited ("KOGL"), has today applied to West Sussex County Council ("WSCC") to extend the Broadford Bridge-1/1z ("BB-1/1z") planning permission for a further 18 months to 31 March 2020. BB-1/1z is located in the 300 km² PEDL234 licence ("Licence"), in which the Company has a 100% interest via its ownership of KOGL.
Stephen Sanderson, UKOG's Executive Chairman, Commented:
"The extension, if granted, will provide time to incorporate the learnings from future planned Kimmeridge operations at Horse Hill and PEDL234 into the design and objectives of a possible new BB-1y sidetrack and test programme."
 
For further information, please contact:
 
UK Oil & Gas Investments PLC
Stephen Sanderson / Kiran Morzaria                                                      Tel: 01483 243450
 
WH Ireland (Nominated Adviser and Broker)
James Joyce / James Sinclair-Ford                                                           Tel: 020 7220 1666
 
Cenkos Securities PLC (Joint Broker)
Joe Nally / Neil McDonald                                                                         Tel: 0207 397 8919
 
Public Relations
Brian Alexander / David Bick                                                                      Tel: 01483 243450
 
 
 
The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014.
 




This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
UPDFKQDBABKDPAD