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Pin to quick picksUk Oil & Gas Share News (UKOG)

Share Price Information for Uk Oil & Gas (UKOG)

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Share Price: 0.0255
Bid: 0.024
Ask: 0.027
Change: 0.0015 (6.25%)
Spread: 0.003 (12.50%)
Open: 0.024
High: 0.0255
Low: 0.0225
Prev. Close: 0.024
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UK Oil & Gas Loxley project permit appeal recovered by UK government

Thu, 06th Jan 2022 17:36

(Alliance News) - UK Oil & Gas PLC has announced on Thursday that its appeal against Surrey county court to refuse planning consent for its Loxley gas drilling project has been recovered by the secretary of state.

This means the secretary of state for levelling up, house & communities will now make the final appeal determination, using the planning inspector's report and recommendation.

UKOG said this may extend the expected timeline, which had been the first quarter of 2022.

"The lack of weight given to future UK domestic gas supply and the resultant increasing import dependency exposes the UK economy and consumers to upwards gas price volatility and decreasing security of supply. New domestic gas, such as Loxley, could help mitigate this situation," the company stated.

Shares in UK Oil & Gas closed flat at 0.10 pence on Thursday in London.

By Elizabeth Winter; elizabethwinter@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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UK shareholder meetings calendar - next 7 days

Monday 12 February 
Arix Bioscience PLCGM re takeover by RTW Biotech Opportunities Ltd
JPMorgan UK Smaller Companies Investment Trust PLCGM re merger with JPMorgan UK Smaller Companies
Mears Group PLCGM re authority to buy back up to 10% of shares
Tuesday 13 February 
Cellular Goods PLCAGM
Iconic Labs PLCAGM
JPMorgan Indian Investment Trust PLCAGM
Tui AGAGM including London Stock Exchange delisting vote
Xtract Resources PLCGM re sale of Manica gold project to MMP
Wednesday 14 February 
GCP Infrastructure Investments LtdAGM
Gfinity PLCGM re annual report
Tertiary Minerals PLCAGM
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Friday 16 February 
Irish Residential Properties REIT PLCEGM re removal of 5 of 9 directors
Location Sciences Group PLCGM concerning reverse takeover agreement
Red Rock Resources PLCAGM
UK Oil & Gas PLCGM re proposed capital reorganisation
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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