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Company behind failed Surrey oilfield project sells site at massive loss

The Guardian · 16 Eylül 2026
Company behind failed Surrey oilfield project sells site at massive loss

<p>New owners apply for permission to extract oil in Horse Hill despite landmark ruling from supreme court in 2024</p><p>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.</p><p>Meanwhile, the new owners, who picked up the site for £1m, are applying, once again, for permission to dig.</p> <a href="h