Loxley update

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: [phone]
WH Ireland Ltd (Nominated Adviser and Broker)
James Joyce / James Bavister/ Andrew de Andrade		Tel: [phone]
Communications
Brian Alexander		Tel: [phone]

 

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