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

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UPDATE: UK Oil & Gas backs Loxley decision amid legal challenge

Thu, 08th Jun 2023 21:13

(Alliance News) - UK Oil & Gas PLC on Thursday backed an earlier decision for planning consent at the Loxley gas discovery, in the face of opposition to the Surrey development.

UK Oil & Gas said it is still "firmly of the opinion" that decision to grant planning consent for Loxley gas discovery was lawful.

Surrey County Council previously refused permission for the proposal in December 2019, but following a public inquiry in 2021, planning inspectors recommended that an appeal against this decision should be allowed.

Housing minister Stuart Andrew later approved the plans for UK Oil & Gas to explore a site in Dunsfold in June 2022.

"The company and its counsel remain firmly of the opinion that the secretary of state's decision to grant planning consent for the Loxley project was entirely lawful. A judgement is expected to be handed down later in the summer. Full planning and environmental consents remain in force," UK Oil & Gas said.

Campaigners from the group Protect Dunsfold and Waverley Borough Council brought legal action over a government decision to allow an exploratory oil and gas well to be dug near the village of Dunsfold in Surrey.

The proposed site is located in the Surrey Hills, in an area of great landscape value, and sits on the border of an area of outstanding natural beauty. AONBs are places that have been designated for conservation.

After the government's decision to allow the exploratory drilling, the area's MP and Chancellor Jeremy Hunt called the move "bitterly disappointing and wrong both economically and environmentally".

However, on Thursday, the group and council were given the go-ahead to bring a legal challenge.

Shares in UK Oil & Gas fell 4.8% to 0.060 pence each in London on Thursday.

By Eric Cunha, Alliance News news editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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7 Jun 2022 21:20

IN BRIEF: UK Oil & Gas successful in appeal for Loxley gas project

UK Oil & Gas PLC - London-based exploration and production company focused on UK and Turkey - Says the refusal of planning consent for its wholly-owned Loxley conventional gas and hydrogen feedstock project has been overturned. Planning and environmental consents in the Loxley project can now proceed. Surrey County Council twice refused planning consent for the project.

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30 May 2022 18:29

TRADING UPDATES: UKOG signs lease; Alien Metals to buy Vivash Gorge

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UK Oil & Gas signs agreement to lease for Dorset gas storage

(Sharecast News) - UK Oil & Gas announced on Monday that its wholly-owned subsidiary UK Energy Storage (UKEn) has signed an agreement to lease with Portland Port, covering two sites at the former Royal Navy port in Dorset.

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20 May 2022 13:30

UKOG gets two-year planning extension to Broadford Bridge discovery

(Sharecast News) - UK Oil & Gas announced on Friday that the West Sussex County Council has approved, by a 7-2 majority vote, a two-year planning extension to its Broadford Bridge-1z (BB-1z) Kimmeridge oil discovery.

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20 May 2022 11:20

IN BRIEF: UK Oil & Gas rises on West Sussex Broadford Bridge approval

UK Oil & Gas PLC - London-based exploration and production company focused on UK and Turkey - West Sussex County Council approves 2-year planning permission extension to the Broadford Bridge-1z Kimmeridge oil discovery, which is in its 100%-owned PEDL234 licence.

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16 May 2022 18:07

IN BRIEF: UK Oil & Gas wins approval to convert HH-2z into water well

UK Oil & Gas PLC - London-based exploration and production company focused on UK and Turkey - North Sea Transition Authority grants formal consent for the re-completion of Horse Hill-2z into a water reinjection well.

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16 May 2022 13:36

UKOG gets consent to recomplete Horse Hill-2z well

(Sharecast News) - UK Oil & Gas announced on Monday that, following the Environment Agency's Horse Hill production consent on 4 May, the North Sea Transition Authority - formerly the Oil and Gas Authority - has now granted its formal consent for the recompletion of Horse Hill-2z into a water reinjection well.

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13 May 2022 15:42

UKOG gets one-year extension to Horse Hill work programme

(Sharecast News) - UK Oil & Gas announced on Friday that the North Sea Transition Authority, formerly the Oil and Gas Authority, has granted a one-year extension to the agreed retention area work programme on the Horse Hill oil field.

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13 May 2022 13:51

IN BRIEF: UK Oil & Gas and Alba get extension for work at Horse Hill

UK Oil & Gas PLC - London-based exploration and production company focused on UK and Turkey - North Sea Transition Authority grants one-year extension for work programme at PEDL137 licence, which contains the producing Horse Hill oil field. The extension allows UKOG to drill a second well at Horse Hill's Kimmeridge oil pool, with work scheduled to begin before September 2023. UKOG owns an 86% stake in Horse Hill, and is the operator, with a 12% stake held by Alba Mineral Resources PLC. Horse Hill is an oil project near Gatwick Airport in southern England. In May, UKOG won a full production permit for the field.

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5 May 2022 13:21

IN BRIEF: UKOG shares rocket on environment permit win for Horse Hill

UK Oil & Gas PLC - London-based oil and gas company - Wins full production permit for its Horse Hill field from the UK Environment Agency. The project is 86% owned by UKOG, with a 12% stake held by Alba Mineral Resources PLC. The permit enables production and water re-injection operations, incineration of waste gas, maintenance and workovers, and the drilling of further development wells. Horse Hill is an oil project near Gatwick Airport in southern England. UKOG can now proceed with its plants to convert HH-2z into a water injector over the year, which would eliminate the requirement to take saline formation water from remote third-party sites, reducing costs.

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5 May 2022 12:23

UK Oil & Gas gets production permit for Horse Hill after 31 months

(Sharecast News) - UK Oil & Gas announced on Thursday that the Environment Agency has granted its 85.635%-owned Horse Hill oil field a full production permit.

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