Campaigners are celebrating as a cohort of onshore oil firms have been forced to walk away from the controversial proposed oil drilling site at Leith Hill in Surrey.
The consortium of UK Oil & Gas Plc (UKOG), Angus Energy and Egdon Resources Ltd has decided to relinquish the licence after concluding that “the required long-reach/shallow target-depth wells are neither technically viable or economically feasible”.
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