UK Oil & Gas PLC Court of Appeal Upholds Loxley Planning Consent (1345Z)
09 Enero 2024 - 8:00AM
UK Regulatory
TIDMUKOG
RNS Number : 1345Z
UK Oil & Gas PLC
09 January 2024
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
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END
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