Horse Hill consent upheld by Court of Appeal

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
UK 100

Latest directors dealings