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UK Oil & Gas PLC (UKOG)

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Tuesday 11 September, 2018

UK Oil & Gas PLC

18-month Planning Extension Approved

RNS Number : 4634A
UK Oil & Gas PLC
11 September 2018


UK Oil & Gas PLC

("UKOG" or the "Company")


Regulatory Update: 18-month Planning Extension Approved,

Broadford Bridge-1 and 1z Kimmeridge Oil Discovery, Licence PEDL234, Weald Basin, UK


UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that West Sussex County Council's Planning Committee have approved, by a significant majority vote, an 18-month extension to the existing planning permission covering its 100% owned and operated BB-1 and 1z Kimmeridge oil discovery, located in licence PEDL234. The planning extension, which will expire in March 2020, will provide the Company with the necessary time to complete its plans to re-enter the BB-1 well to drill and flow test a new Kimmeridge sidetrack, BB-1y.


Drilling of the BB-1y sidetrack well is planned to directly follow the drilling of the new 2019 Kimmeridge exploratory and overlying Portland gas appraisal well in the basin-centre area of PEDL234, a planning application for which is expected to be submitted this Autumn. The drilling of the sidetrack and new PEDL234 well are subject to the grant of necessary regulatory consents.


Qualified Person's Statement


Rob Wallace, UKOG's principal technical advisor, who has over 40 years of relevant experience in the oil industry, has approved the information contained in this announcement. Mr Wallace is a Chartered Scientist, Chartered Geologist and Fellow of the Geological Society of London, an active member of the American Association of Petroleum Geologists, a member of the Petroleum Exploration Society of Great Britain and a member of the South African Geophysical Society.


For further information, please contact:


UK Oil & Gas PLC

Stephen Sanderson / Kiran Morzaria                                                                      Tel: 01483 243450


WH Ireland (Nominated Adviser and Broker)

James Joyce / James Sinclair-Ford                                                                           Tel: 020 7220 1666


Cenkos Securities PLC (Joint Broker)

Joe Nally / Neil McDonald                                                                                           Tel: 020 7397 8919


Novum Securities                                                                                                           

John Bellis                                                                                                                          Tel: 020 7399 9400


(Joint Broker) Public Relations

Brian Alexander / David Bick                                                                      Tel: 01483 243450



UKOG Licence Interests


The Company has interests in the following UK licences:




UKOG Interest

Licence Holder


Area (km2)


Avington 1



UKOG (GB) Limited

IGas Energy Plc


Field currently shut in

Broadford Bridge 3



UKOG (234) Ltd 4

UKOG (234) Ltd 4


BB-1 & 1z oil discovery, Planning extension granted, new planning application for further exploratory well planned in Autumn

Holmwood 3




Europa Oil & Gas (Holdings) plc


Seeking alternate sites to drill Holmwood and other Portland & Kimmeridge prospects

Horndean 1



UKOG (GB) Limited

IGas Energy Plc


Field in stable production

Horse Hill 5



Horse Hill Developments Ltd 

Horse Hill Developments Ltd 


Portland EWT completed successfully, KL3 & KL4 EWT to commence, 2 further appraisal wells scheduled for Q4 2018/Q1 2019

Horse Hill 5



Horse Hill Developments Ltd

Horse Hill Developments Ltd 


As above

Isle of Wight (Onshore) 2, 3






Preparing planning submission  for Arreton-3 Portland oil appraisal well & Arreton S. look-alike exploration well 

Markwells Wood 2



UKOG (GB) Limited

UKOG (GB) Limited


Revised Kimmeridge test planning application underway



1.  Oil field currently in production.

2.  Oil discovery pending development and/or appraisal drilling.

3. Exploration asset with drillable prospects and leads. PEDL234 contains the Broadford Bridge-1 and 1z
    oil discovery well, the extension of the Godley Bridge Portland gas discovery plus further exploration

4.  UKOG has a 100% interest in UKOG (234) Ltd, which has a 100% interest in PEDL234.

5.  Oil discovery in 3 zones, EWT ongoing, two further wells HH-1z and HH-2 planned  end 2018/early 2019

6.  UKOG has a direct 71.9% interest in HHDL, which has a 65% interest in PEDL137 and PEDL246.



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


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 [email protected] or visit

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