Temple Pershing Mining Company Announces Formal Interest in Acquiring Prax Lindsey Oil Refinery

LONDON, September 11th 2025

Temple Pershing Mining Company 
(“TPMC” or the “Company”) confirms it has instructed Robert Dougans of Preiskel & Co. LLP to submit a formal expression of interest to the Administrator of the Lindsey Oil Refinery Lincolnshire. This submission has been made on behalf of TPMC and an influential oil and gas dynasty, one of the world's largest oil producers. 

Temple Pershing Mining is committed to the continued operation of the Lindsey site and preserving the livelihoods of its workforce. The company believes that with effective stewardship, the refinery represents both a strategic asset and an opportunity to support the local community by maintaining jobs, ensuring continuity in operations, and contributing to the region’s economic stability.
Company Directors Simon Robinson and Kenneth Roberts are concerned by the lack of engagement from the administrators responsible for overseeing the refinery’s current status. 

Despite repeated attempts, Temple Pershing has not received substantive responses or discussion acceptances to its
proposal. Mr Robinson who was raised in Lincolnshire, said “We call on the
administrators, regulatory bodies, local authorities, and all stakeholders to
engage in transparent dialogue at the earliest possible opportunity. We are ready to provide further information under confidentiality, and move swiftly towards a transaction that safeguards the future of the refinery, its workforce, and its role in the UK’s energy infrastructure. 

About Prax Lindsey Oil Refinery (the “Refinery”)
On 30 June 2025, a winding-up order was issued against Prax Lindsey Oil
Refinery Limited, along with its associated storage and terminal companies.

The Official Receiver, Gareth Jonathan Allen, was appointed as Liquidator,
with FTI Consulting LLP brought in as Special Managers to assist.

Despite efforts to find a buyer, no credible acquisition emerged, and the
refinery began winding down operations in August 2025.

Lindsey supplied 10% of the UK’s domestically produced fuel, making its
closure a major blow to national energy resilience.

About Temple Pershing Mining Company (“TPMC”)
TPMC is a developer of worldwide mining projects, and is legally represented
by Robert Dougans of Preiskel & Co. LLP, London.
Contact:
Temple Pershing Mining – Press Office
press@tpminingco.com 

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