IN BRIEF: UK Regulator Grants Permit For UK Oil & Gas's Loxley-1 Well

UK Oil & Gas PLC - oil & gas firm - said the Environment Agency has issued it with the necessary ...

Alliance News 26 June, 2020 | 6:10PM
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UK Oil & Gas PLC - oil & gas firm - said the Environment Agency has issued it with the necessary permit to drill and test the proposed Loxley-1 Portland gas appraisal well in England. The permit covers all environmental aspects of the proposed scheme of works including a Loxley-1z sidetrack well. Planning consent for the Loxley-1 well - which is the next key regulatory permission required to progress the Loxley project - is scheduled to be decided by Surrey County Council on Monday next week.

Current stock price: 0.35 pence

Year-to-date change: down 58%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
UK Oil & Gas PLC 0.19 GBX 0.76 -

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