Legal News Oil & Gas

UKOG planning approval upheld for Loxley

UK Oil & Gas plc (UKOG) said planning approval for its wholly owned Loxley onshore gas project in Surrey has been upheld by the High Court. ENERGY SECURITY The ruling follows a series of legal actions by local protesters and different local authorities after the company successfully appealed against initial refusal in December 2020. UKOG […]

Legal News Oil & Gas

UKOG urges planning changes as Loxley challenge is rejected

UK Oil & Gas plc urged the Government to implement quickly its changes to the planning system after the High Court rejected challenges to the Loxley gas project in Surrey. JUDICIAL REVIEW Waverley Borough Council and Protect Dunsfold were each unsuccessful in their requests for a judicial review and ordered to pay £8,835 and £3,000 […]

Metals & Minerals News

Altus-Elemental merger receives court sanction

Altus Strategies plc’s share-for-share merger of equals with Elemental Royalties Corp has received court sanction. TIMETABLE The companies first announced the agreement in June and received shareholder approval on 8 August. Altus said that the High Court of Justice of England and Wales had today made an order sanctioning the scheme under section 899 of […]

Legal News Oil & Gas

Hurricane refused court approval for restructure

Hurricane Energy plc said that the High Court had today refused to sanction its proposed restructuring plan. RISK The company added that its existing board was considering all options including an appeal. “Unless the company or the Ad Hoc Committee successfully appeals the judgment, the restructuring plan will not be implemented,” said Hurricane in a […]