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

UK Oil & Gas Investments (UKOG) has announced that its wholly owned subsidiary, Kimmeridge Oil & Gas Limited ('KOGL'), has applied to West Sussex County Council 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 sq km PEDL234 licence, in the Weald Basin onshore UK, in which the Company has a 100% interest via its ownership of KOGL.

Broadford Bridge-1/1z is located in PEDL234, in the Weald Basin onshore UK

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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Source: UKOG