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UK: Environment Agency grants permit for UKOG's Loxley Portland gas appraisal project

28 Jun 2020

Photo - see caption

AIM-listed UK Oil & Gas (UKOG) has announced that the Environment Agency ('EA') has issued UKOG with the necessary permit to drill and test the proposed Loxley-1 Portland gas appraisal well. 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, the next key regulatory permission required to progress the Loxley project, is scheduled to be decided by Surrey County Council on Monday 29th June.

About Loxley

The Loxley-1 project, located within licence PEDL234 (UKOG 100%), plans to appraise the significant Portland gas accumulation originally discovered and flow tested 8 km to the west by Conoco's 1982 Godley Bridge-1 well.

Photo - see caption
UKOG's Weald Basin assets - including PEDL 234

Stephen Sanderson, UKOG's Chief Executive, commented:

'The grant of this key permit demonstrates that UKOG's proposed scheme of works and practices meets the EA's stringent environmental safeguarding standards.'

Original article link

Source: UKOG

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