REG - UK Oil & Gas PLC - High Court upholds Loxley Planning Consent

UK Oil & GasAnnouncement

20/07/2023 10:45

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RNS Number : 6701G  UK Oil & Gas PLC  20 July 2023

UK Oil & Gas PLC

("UKOG" or the "Company")

 

High Court upholds Loxley Planning Consent

 

UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that the High
Court has today ruled that planning consent for the Company's conventional
gas and hydrogen feedstock project in Surrey, is entirely lawful. Loxley
planning consent therefore remains in full force and the Company's plans to
implement the project remain unchanged.

Following a High Court hearing on June 8(th), 2023, both points of challenge
to the Secretary of State's June 2022 grant of planning consent, brought by
Protect Dunsfold and Waverley Borough Council, were dismissed by the judge,
the Honourable Mrs Justice Steyn DBE. In October 2022, Mrs Justice Lang
dismissed challenges by the same claimants and ordered them to pay costs.

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 Dorset hydrogen storage and Hydrogen Battery project.

 

Stephen Sanderson, UKOG Chief Executive, commented:

 

"We are pleased that Mrs Justice Steyn has 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 and
Energy Security 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                                           Tel: 01483 941493

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
the publication of this announcement via a Regulatory Information Service,
this inside information is now considered to be in the public domain.

 

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