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Horse Hill Update

15 Aug 2022 11:59

RNS Number : 0477W
UK Oil & Gas PLC
15 August 2022
 

UK Oil & Gas PLC

("UKOG" or the "Company")

 

Horse Hill Update

 

UK Oil & Gas PLC (London AIM: UKOG) announces that further to the Court of Appeal's February 2022 dismissal of the challenge by Finch on behalf of the Weald Action Group (Finch et al) to Surrey County Council's grant of Horse Hill production consent (UKOG 85.635%), the Company now understands that, disappointingly, but perhaps not unsurprisingly, the claimant has been given a final legal avenue to appeal to the Supreme Court. Should the claimant adopt this final permitted course of action, it is expected to be heard some time from Q2 2023 onwards. No further action by the claimant will be permissible after any such hearing. Planning consent currently remains in full force and lawful oil production at Horse Hill will continue until further notice.

 

At the last count, five judges and the Court of Appeal have dismissed this case. Consequently, the Company and its legal counsel remain convinced that planning consent was granted entirely lawfully, and will, therefore, strongly contest any further action against its interests.

 

Following the Environment Agency's full Horse Hill production consent in May this year, a new Unico pump has recently been installed in the HH-1 oil producer. The prior pump is being refurbished as an additional spare. Preparatory work towards converting HH-2z into a produced saline water reinjector continues.

 

For further information, please contact:

UK Oil & Gas PLC

 

Stephen Sanderson / Matt Gormley / Allen D Howard

 

Tel: 01483 941493

WH Ireland Ltd (Nominated Adviser and Broker)

 

James Joyce / Andrew de Andrade

 

Tel: 020 7220 1666

Communications

 

Brian Alexander

Tel: 01483 941493

 

The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the “UK MAR”) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company’s obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UPDSFWFSIEESEIA
Date   Source Headline
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27th Mar 20247:00 amRNSLoxley Gas Project Update
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5th Mar 20243:28 pmRNSResult of Reconvened General Meeting
1st Mar 20247:00 amRNSRevised Timetable for Capital Restructuring
23rd Feb 20241:01 pmRNSNotice of General Meeting Resumption
22nd Feb 20244:37 pmRNSEmployee Benefit Trust Share Subscription
16th Feb 20241:54 pmRNSGeneral Meeting Adjournment
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1st Feb 20241:53 pmRNSProposed Capital Reorganisation
23rd Jan 20243:48 pmRNSLoan Balance Reduction via Equity Share Issue
23rd Jan 20247:00 amRNSPinarova-1 Testing Operations Commence
12th Jan 20247:00 amRNSSuccessful Placing
11th Jan 20247:00 amRNSTurkey: Pinarova-1 Testing
10th Jan 202411:39 amRNSEquity Share Issue and Reduction in Loan Balance
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15th Dec 20237:00 amRNSTurkey: Pinarova-1 Testing Update
12th Dec 20237:00 amRNSHorse Hill Work Programme Extended by NSTA
11th Dec 20237:00 amRNSHorse Hill Farmin Update
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21st Nov 20237:00 amRNSTurkey: Pinarova-1 Testing Latest
3rd Nov 202312:13 pmRNSEquity Share Issue
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22nd Sep 20237:00 amRNSTurkey: Pinarova-1 Testing Update
3rd Aug 20238:01 amRNSLoxley High Court Update
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26th Jun 20232:13 pmRNSUnaudited results six-month ended 31 March 2023

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