REG - UK Oil & Gas PLC - Broadford Bridge Planning Update

UK Oil & GasAnnouncement

19/03/2024 17:15

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RNS Number : 4837H  UK Oil & Gas PLC  19 March 2024

UK Oil & Gas PLC

("UKOG" or the "Company")

 

Broadford Bridge Planning Update

 

UK Oil & Gas PLC (London AIM: UKOG) announces that its application to
extend the planning consent at its Broadford Bridge (UKOG 100%) site,
primarily to assess the viability of converting the site to harness geothermal
heat and power, was today refused by West Sussex County Council.  Although
the envisaged geothermal scheme is entirely peripheral to the Company's core
petroleum and hydrogen storage activities and is of no current materiality,
the Company will further consider its position and has  six months in which
to lodge an appeal should it so decide.

 

 

For further information, please contact:

UK Oil & Gas plc

Stephen Sanderson / Guzyal Mukhametzhanova
                                       Tel:
01483 941493

 

WH Ireland Ltd (Nominated Adviser and
Broker)

James Joyce / James Bavister / Andrew de Andrade
                              Tel: 020 7220 1666

 

Communications

Brian Alexander
 
                     Tel: 01483 941493

 

 

The information contained within this announcement is deemed by the Company to
constitute inside information under the Market Abuse Regulation (EU) No.
596/2014, as it forms part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018. Upon publication of this announcement, this information
is now considered to be in the public domain.

 

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