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Share Name Share Symbol Market Type Share ISIN Share Description
Uk Oil & Gas Plc LSE:UKOG London Ordinary Share GB00B9MRZS43 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.009 -4.09% 0.211 0.195 0.20 0.225 0.195 0.215 771,980,224 16:35:11
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.2 -2.3 -0.1 - 26

UK Oil & Gas PLC Update: Horse Hill Judicial Review

20/11/2020 7:00am

UK Regulatory (RNS & others)


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RNS Number : 9466F

UK Oil & Gas PLC

20 November 2020

UK Oil & Gas PLC

("UKOG" or the "Company")

Update: Horse Hill Judicial Review

UK Oil & Gas PLC (London AIM: UKOG) notes the conclusion of the November 17-18(th) judicial review hearing of Surrey County Council's ("SCC") September 2019 decision to grant long-term production planning consent at the Company's 85.635% owned Horse Hill oil field.

As is usual in such cases, the judge, the Hon. Mr Justice Holgate, has reserved judgement until such time as he has fully considered all the relevant evidence and argument made by SCC, the Company, the Secretary of State for Housing, Communities and Local Government ("MHCLG") and the claimant, Sarah Finch (acting on behalf of the Weald Action Group). The judge gave no date or timescale for the issue of the judgement.

The Company will update the market upon receipt of the final judgement. The case remains sub-judice until this time.

Stephen Sanderson UKOG's Chief Executive commented:

"We remain confident that the case put forward by SCC, the Company and MHCLG demonstrates the claimant's case has no merit in law and that the court will uphold SCC's decision."

For further information, please contact:

 
  UK Oil & Gas PLC 
  Stephen Sanderson / Kiran Morzaria   Tel: 01483 941493 
  WH Ireland Ltd (Nominated Adviser 
   and Broker) 
  James Joyce / James Sinclair-Ford    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

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.

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November 20, 2020 02:00 ET (07:00 GMT)

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