Plenty of volatility in UKOG and ANGS shares today, with the former falling as low as 8p early this afternoon and Angus down around 9% after last Friday's rig mobilisation news at Lidsey.
All eyes are on the West Sussex Planning Committee meeting due to be held in Horsham on September 12th starting at 10.30 am and finishing at 1pm. The proceedings can be seen live at: http://www.westsussex.public-i.tv/core/portal/home
In relation to UKOG the planning committee are considering (item number four on agenda):
- WSCC/029/17/WC Amendment of condition no. 2 of planning permission WSCC/052/12/WC to allow for a further 12 months of continued operations to enable the completion of phase 3 testing and phase 4 restoration or retention. Woodbarn Farm, Adversane Lane, Broadford Bridge, Billingshurst, West Sussex, RH14 9ED
The Chairman and various stakeholders have recommended approval of UKOG's extension application.