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

26th Jun 2020 18:10

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; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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