UK Oil & Gas PLC Horse Hill consent upheld by Court of Appeal (0607C)
18 Febbraio 2022 - 8:00AM
UK Regulatory
TIDMUKOG
RNS Number : 0607C
UK Oil & Gas PLC
18 February 2022
UK Oil & Gas PLC
("UKOG" or the "Company")
Horse Hill production consent upheld by Court of Appeal
UK Oil & Gas PLC (London AIM: UKOG) is delighted to announce
that the long-running appeal by Finch et al to overturn the
December 2020 Judicial Review judgment upholding the legality of
Horse Hill's planning consent, has been refused by the Court of
Appeal.
This judgment means that the planning consent for Horse Hill oil
production was granted entirely lawfully and, as such, confirms
that Horse Hill can remain operational until the end of its
commercial field life. The Company holds an 85.635% operated
interest in Horse Hill and the surrounding PEDL137 licence.
A copy of the judgment will be made available on the Company's
website https://www.ukogplc.com .
Stephen Sanderson, UKOG's Chief Executive commented:
" I'm delighted that justice has again prevailed for UKOG in
this matter. This latest judgment in UKOG's favour comes after more
than two years in which Finch et al have sought to stop the
Company's oil production at Horse Hill. Given that during this time
five judges have found against their case, one cannot help but
wonder why they have been permitted so many repeated bites at the
same legal cherry. That seems at very least unfair and perhaps is
also somewhat unjust."
For further information, please contact:
UK Oil & Gas PLC
Stephen Sanderson, Matt Gormley 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 by
the Company to constitute inside information under the Market Abuse
Regulation (EU) No. 596/2014
END
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
MSCUBVBRUUUUAAR
(END) Dow Jones Newswires
February 18, 2022 02:00 ET (07:00 GMT)
Grafico Azioni Uk Oil & Gas (LSE:UKOG)
Storico
Da Mar 2024 a Apr 2024
Grafico Azioni Uk Oil & Gas (LSE:UKOG)
Storico
Da Apr 2023 a Apr 2024
