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

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Loxley Gas Project Planning Consent Refused

Fri, 27th Nov 2020 15:42

RNS Number : 8121G
UK Oil & Gas PLC
27 November 2020

UK Oil & Gas PLC

("UKOG" or the "Company")


Loxley Gas Appraisal Project Planning Consent Refused


UK Oil & Gas PLC (London AIM: UKOG) notes that Surrey County Council ("SCC") has today refused planning consent for the Company's 100% owned Loxley-1/1z Portland gas appraisal project. This decision is contrary to the recommendation of the Council officers' report which recommended approval, all issues concerning planning, environmental and highways having been resolved to their professional satisfaction.


Crucially, the decision also ignores the key role domestic natural gas plays in the government's stated low-carbon hydrogen policy in which natural gas is reformed into clean burning hydrogen. Low carbon hydrogen is a key element of government infrastructure strategy and is vital to help achieve net zero and underpin the UK's recovery from record Covid-19 induced debt levels.


The Company is carefully considering its position but is likely to lodge an appeal on the grounds that the decision is unreasonable given the evidence presented and the Council officers' positive recommendation. Further developments will be advised in due course.


For further information, please contact:


UK Oil & Gas PLC


Stephen Sanderson / Kiran Morzaria


Tel: 01483 941493

WH Ireland Ltd (Nominated Adviser and Broker)


James Joyce / James Sinclair-Ford


Tel: 020 7220 1666



Brian Alexander

Tel: 01483 941493






The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014

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Date   Source Headline
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7th Jun 20224:21 pmRNSSuccessful Loxley Planning Appeal Outcome

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