·1 min read
If you wish to comment on the application for exploratory oil drilling on the Isle of Wight, there is still time. Details within
UKOG
UK Oil and Gas PLC is a UK-based oil and gas exploration and production company.
The company is listed on the London Stock Exchange in the Alternative Investment Market.
They have licences to drill for oil on the Isle of Wight in the Arreton Area.
Below are articles mentioning UKOG.
·3 min read
Concerns about what would happen if UKOG do find oil; discrepancies in planning documents; issues with water; traffic and dangerous roads were all raised at the parish council meeting
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Despite it being suggested at last week's full council that oil exploration on the isle of Wight is unlikely due to the high cost of extraction, UKOG say the economic viability of project is robust and they intend to move forward with plans.
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You can view the plans on the Isle of Wight council's Website, but the public consultation for comments won't open until it's safe for site notices to be put up
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Campaigners have placed models of oil rigs and barrels, with skeletons scattered around on Ventnor’s mini Isle of Wight to draw attention to their campaign
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There were two meetings this week hosted by the Frack Free Isle of Wight campaign group and two more coming up next week too.
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Each year since 2016, UKOG have set their sights on drilling the following year. The latest statement to the stock exchange news service claims that planning applications for drilling in the Arreton area will be submitted in the first quarter of 2019.
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UKOG had already said they would not appeal the planning permission refusal, but now also confirm they are giving up the licence
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As recently reported by OnTheWight, UK Oil and Gas confirm they've given up the licence for oil exploration off the coast of Compton but say their sights are now set on drilling in Arreton from 2019.
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The company behind the oil exploration plans say they are considering whether to appeal the Planning Committee's decision to reject their application
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At the Surrey County Council planning meeting today (Monday), the application was rejected six votes to five and UKOG's share price dived within minutes.
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With over 1,000 letters of objection and many citing harmful impact on the Isle of Wight's UNESCO Biosphere Reserve status, the applicant has rebuffed the claims
