Egdon Resources plc and the Government have conceded that permission has been quashed for oil production at Biscathorpe in the Lincolnshire Wolds. IMPLICATIONS The move follows last month’s Supreme Court landmark ruling that a consent, issued in 2019 for oil production at Horse Hill in Surrey, must include end-use emissions. Biscathorpe lies within licence PEDL253 […]
Legal
WCM coal mine approval was “error in law”
West Cumbria Mining Ltd’s plans for a new deep coal mine again face uncertainty after the new Labour Government said that the initial 2022 approval was an “error of law”. NET ZERO The Government’s words, said yesterday to the BBC, follows the Supreme Court’s ruling that oil production at Horse Hill in Surrey must include […]
Rockhopper receives initial €19m over Ombrina Mare
Rockhopper Exploration plc said it had received €19 million of the €45m tranche I payment of the Ombrina Mare arbitration award. CASH BALANCE The balance of €26m goes to the original arbitration funder, while tranches II and III remain payable to Rockhopper upon a successful annulment outcome. The company’s legal representatives will receive success fees of […]
UKOG to comply with ‘perplexing’ Horse Hill ruling
UK Oil & Gas plc will submit a new plan or amend its existing one for Horse Hill oil production after yesterday’s ruling that end-use burning emissions must be included in the application. REGULATIONS The legal challenge was brought by Sarah Finch on behalf of the Weald Action Group (Finch et al) to Surrey County […]
Rockhopper due first Ombrina Mare payment
Rockhopper Exploration plc said it expected tranche I payment from its Ombrina Mare arbitration award within five business days. The compensation relates to Italy’s ban on oil and gas exploration within 12 miles of the Italian coastline, which affected the company’s activities in the oil field. Rockhopper subsequently went to tribunal at the International Centre […]
Ruling due on Karelian mine compensation
Karelian Diamond Resources plc expects an August court judgement over compensation and the boundary of its diamond mine development at Lahtojoki in Kuopio Kaavi, Finland. Two farmers previously appealed against money owed to them as well as the site boundary. Karelian said that following the court hearing on 21 May, the Finnish Land Court announced […]