UK Oil & Gas PLC Broadford Bridge Planning Update
March 19 2024 - 12:00PM
RNS Regulatory News
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: 01483 941493
WH Ireland Ltd (Nominated Adviser
and Broker)
James Joyce / James Bavister /
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, 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.
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END
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