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UK Oil & Gas Investments applies for Broadford Bridge-1/1z planning consent extension

Gasoil News - Published on Tue, 19 Jun 2018

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UK Oil & Gas Investments PLC announced that its wholly owned subsidiary, Kimmeridge Oil & Gas Limited ("KOGL"), has applied to West Sussex County Council ("WSCC") to extend the Broadford Bridge-1/1z ("BB-1/1z") planning permission for a further 18 months to 31 March 2020. BB-1/1z is located in the 300 km² PEDL234 licence ("Licence"), in which the Company has a 100% interest via its ownership of KOGL.

Mr Stephen Sanderson, UKOG's Executive Chairman, commented: "The extension, if granted, will provide time to incorporate the learnings from future planned Kimmeridge operations at Horse Hill and PEDL234 into the design and objectives of a possible new BB-1y sidetrack and test programme."

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Posted By : Nanda Koijam on Tue, 19 Jun 2018
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