Updated: Plans submitted for 20 years of oil production in the South Downs
UK Oil & Gas Investments announced today it had submitted its expected planning application for 20 years of oil production in the South Downs National Park.
UK Oil & Gas Investments announced today it had submitted its expected planning application for 20 years of oil production in the South Downs National Park.
The residents association for people living round the so-called Gatwick Gusher oil well in Surrey has criticised the location on Horse Hill. But the company behind the development is planning for production at the site.
A proposal to produce oil for 20 years from a site in the South Downs National Park is likely to have significant effects on the environment, planners have concluded.
The government has agreed to two more changes to the terms covering oil exploration licences in Surrey and West Sussex, according to UK Oil & Gas Investments, the company behind the Horse Hill oil well near Gatwick.
UK Oil and Gas Investments, one of the companies behind the Horse Hill oil well near Gatwick, has paid £3.5m for a Petroleum Exploration and Development Licence (PEDL) in the West Sussex Weald.
The majority investor in the Horse Hill oil well near Gatwick is claiming record UK onshore flow rates. After completing initial flow tests, UK Oil & Gas described the results this morning as “outstanding” and equivalent to rates from the North Sea.
Solo Oil plc reveals in its half-yearly report out today (29th September 2015) that it bid for oil and gas exploration licences on the Isle of Wight.
The volume of oil in the area round Gatwick could be 70% higher than previously estimated, according to UK Oil and Gas.