Key Takeaway
New owners apply for permission to extract oil in Horse Hill despite landmark ruling from supreme court in 2024After years of trying to dig for oil in Surrey, the company behind the drilling project that was turned down in a landmark supreme court ruling has sold off the site for a fraction of the money it spent on it, and…
Published September 16, 2026 · Category: News
Overview
New owners apply for permission to extract oil in Horse Hill despite landmark ruling from supreme court in 2024
After years of trying to dig for oil in Surrey, the company behind the drilling project that was turned down in a landmark supreme court ruling has sold off the site for a fraction of the money it spent on it, and rebranded as a clean energy company.
Details
Meanwhile, the new owners, who picked up the site for £1m, are applying, once again, for permission to dig.
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Source
Originally published at www.theguardian.com.
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Frequently Asked Questions
What is "Company behind failed Surrey oilfield project sells site at massive loss" about?+
New owners apply for permission to extract oil in Horse Hill despite landmark ruling from supreme court in 2024After years of trying to dig for oil in Surrey, the company behind the drilling project that was turned down in a landmark supreme court ruling has sold off the site for a fraction of the money it spent on it, and rebranded as a clean energy company.Meanwhile, the new owners, who picked up the site for £1m, are applying, once again, for permission to dig. Continue reading...
Who reported this story?+
This story was reported by The Guardian World.