UK Oil & Gas PLC Broadford Bridge Planning Update

RNS Number : 4837H

UK Oil & Gas PLC

19 March 2024

 

UK Oil & Gas PLC

("UKOG" or the "Company")

 

Broadford Bridge Planning Update

 

UK Oil & Gas PLC (London AIM: UKOG) announces that its application to extend the planning consent at its Broadford Bridge (UKOG 100%) site, primarily to assess the viability of converting the site to harness geothermal heat and power, was today refused by West Sussex County Council.  Although the envisaged geothermal scheme is entirely peripheral to the Company's core petroleum and hydrogen storage activities and is of no current materiality, the Company will further consider its position and has  six months in which to lodge an appeal should it so decide.

 

 

For further information, please contact:

UK Oil & Gas plc

Stephen Sanderson / Guzyal Mukhametzhanova                                                        Tel: [phone]

 

WH Ireland Ltd (Nominated Adviser and Broker)                                                            

James Joyce / James Bavister / Andrew de Andrade                                                   Tel: [phone]

 

Communications

Brian Alexander                                                                                                                   Tel: [phone]  

 

 

The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014, as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018. Upon publication of this announcement, this information is now considered to be in the public domain.

 

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 [e-mail] 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

 

 

UPDGPUUUWUPCGMB