Court of Appeal Upholds Loxley Planning Consent
UK Oil & Gas PLC
("UKOG" or the "Company")
Court of Appeal Upholds Loxley Planning Consent
UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that the Court of Appeal has today refused permission for any further appeal against the grant of planning consent for the Company's Loxley conventional gas and hydrogen feedstock project in Surrey. The Court of Appeal's decision is final and cannot be further reviewed or appealed. Consequently, Loxley's planning permission will now remain in full force and effect for its full term.
The order made by the Right Honourable Lord Justice Stuart-Smith has upheld the Honourable Mrs Justice Steyn DBE's High Court order dated 20 July 2023 refusing permission to appeal. Both the Court of Appeal and High Court orders state that an appeal would have no real prospect of success.
UKOG has consistently stated that Loxley can play its part in the government's Hydrogen and British Energy Security Strategies via the supply of its gas as feedstock for reformation into clean burning hydrogen. Loxley's hydrogen potential forms part of the Company's move into the hydrogen space along with its Portland hydrogen storage project in Dorset.
Stephen Sanderson, UKOG Chief Executive, commented:
"We are pleased that Lord Justice Stuart-Smith has once again dismissed the legal challenge to our Loxley project and has confirmed that its planning consent is entirely lawful, as the Company and its counsel has maintained. We believe that a successful project will be beneficial to local and national level energy and economic interests and is fully in keeping with the government's Hydrogen, Energy Security and Net Zero strategies."
For further information, please contact:
UK Oil & Gas plc
Stephen Sanderson / Allen D Howard Tel: 01483 941493
WH Ireland Ltd (Nominated Adviser and Broker)
James Joyce / Andrew de Andrade/James Bavister Tel: 020 7220 1666
Communications
Brian Alexander
This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
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.
Latest directors dealings
- 1 day ago Savannah Energy
- 1 day ago Buccaneer Energy PLC
- 1 day ago Savannah Energy
- 1 day ago Carclo
- 1 day ago Schroder Japan Growth Fund