UK Oil & Gas PLC announced that the Oil and Gas Authority has granted a two-year extension to the time period in which the Company's 100% interest PEDL234 Loxley-1 gas appraisal well must commence. In order to satisfy the licence's Retention Area programme, Loxley-1 drilling must now commence before 31st December 2023. The drilling extension was granted in response to delays beyond the Company's control caused by both the pandemic and by the Company's appeal to the Planning Inspectorate against Surrey County Council's decision on 15th December 2020 to refuse planning consent for the Loxley gas appraisal drilling project.