REG - UK Oil & Gas PLC - Loxley update

UK Oil & GasAnnouncement

03/03/2023 15:15

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RNS Number : 8978R  UK Oil & Gas PLC  03 March 2023

3 March 2023

UK Oil & Gas Plc

("UKOG" or the "Company")

 

 Loxley update

UK Oil & Gas PLC (London AIM: UKOG) has been informed that, in another
preliminary court hearing sought by opponents of the Company's material Loxley
conventional gas and hydrogen feedstock project in Surrey, the judge, Mr.
Justice Lane, dismissed five of the opponent's grounds seeking to reverse the
Secretary of State's grant of planning consent as being unarguable. Two
remaining grounds were given leave to be argued at a further hearing at some
time in the future, as yet unknown. As per the Company's recent RNS of 21(st)
February 2023, full planning and environmental consents remain in force for
the Loxley-1 appraisal programme.

Stephen Sanderson, UKOG's Chief Executive, commented:

 

"The Company's legal team remain robustly confident that following the
extensive Loxley public inquiry, the Secretary of State's decision to grant
planning consent was thoroughly considered and entirely lawful. Consequently,
we will continue to move our project ahead."

 

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

          Communications
          Brian Alexander                                               Tel: 01483 941493

 

 

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