The site at the centre of a landmark legal challenge is seeking to produce more than 600,000 tonnes of oil over the next 20 years, releasing about two million tonnes of greenhouse gas emissions.
UK Oil & Gas is selling its stake in the troubled Horse Hill production site and licence, the company’s last remaining hydrocarbon interest.
Publication of plans to restart oil production at Horse Hill – suspended after a landmark Supreme Court ruling – is unlikely for several weeks.
UK Oil & Gas plc announced this morning it has submitted a revised planning application for its Horse Hill site , near Redhill, in Surrey.
Key information that will determine the future of the Horse Hill oil site in Surrey has been delayed, officials have revealed.
Long-awaited annual accounts for UK Oil & Gas plc show a £35m drop in the value of the company’s oil and gas assets.
UK Oil & Gas has delayed publication of its interim accounts.
The onshore oil company at the centre of a landmark Supreme Court judgement has announced trading would be suspended because its annual accounts would not be published on time.
There is still no date for final clearance of the oil site at the centre of a Supreme Court landmark judgement issued nine months ago.
The use of anti-protest injunctions in the UK is being challenged by Friends of the Earth at the European Court of Human Rights.
DRILL OR DROP? 