REG - UK Oil & Gas PLC - Court of Appeal Upholds Loxley Planning Consent

UK Oil & GasAnnouncement

09/01/2024 14:15

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RNS Number : 1345Z  UK Oil & Gas PLC  09 January 2024

UK Oil & Gas PLC

("UKOG" or the "Company")

 

Court of Appeal Upholds Loxley Planning Consent

 

UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that the Court
of Appeal has today refused permission for any further appeal against the
grant of planning consent for the Company's Loxley conventional gas and
hydrogen feedstock project in Surrey. The Court of Appeal's decision is final
and cannot be further reviewed or appealed. Consequently, Loxley's planning
permission will now remain in full force and effect for its full term.

The order made by the Right Honourable Lord Justice Stuart-Smith has upheld
the Honourable Mrs Justice Steyn DBE's High Court order dated 20 July 2023
refusing permission to appeal. Both the Court of Appeal and High Court orders
state that an appeal would have no real prospect of success.

UKOG has consistently stated that Loxley can play its part in the government's
Hydrogen and British Energy Security Strategies via the supply of its gas as
feedstock for reformation into clean burning hydrogen. Loxley's hydrogen
potential forms part of the Company's move into the hydrogen space along with
its Portland hydrogen storage project in Dorset.

Stephen Sanderson, UKOG Chief Executive, commented:

 

"We are pleased that Lord Justice Stuart-Smith has once again dismissed the
legal challenge to our Loxley project and has confirmed that its planning
consent is entirely lawful, as the Company and its counsel has maintained. We
believe that a successful project will be beneficial to local and national
level energy and economic interests and is fully in keeping with the
government's Hydrogen, Energy Security and Net Zero strategies."

 

For further information, please contact:

UK Oil & Gas plc

Stephen Sanderson / Allen D Howard
                                                                               Tel:
01483 941493

 

WH Ireland Ltd (Nominated Adviser and Broker)
 

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

 

Communications

Brian Alexander

 

This announcement contains inside information for the purposes of Article 7 of
the UK version of Regulation (EU) No 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon
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this inside information is now considered to be in the public domain.

 

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