Temple Pershing Mining Company and their Middle Eastern partners raise frustrations with local MP and a Member of the House of Lords

FOR IMMEDIATE RELEASE

London, October 30th 2025

Temple Pershing Mining Company (“TPMC”) and their Middle Eastern partners raise frustrations with local MP and a Member of the House of Lords

Further to an expression of interest (the “EOI”) made to the Administrators of Prax Lindsey Oil Refinery (“PRAX” or “Refinery”), Temple Pershing Mining Company, has reached out to Baroness Rachel Maclean, a member of the House of Lords, and local Lincolnshire MP Martin Vickers, to express concerns regarding lack of progress following TPMC’s EOI submitted in regards to advancing talks to purchase the refinery.

TPMC attended a meeting at The Houses of Parliament to discuss the matter further. CEO Simon Robinson said “We are now three months on and it is frustrating that the Administrators are working so slowly. TPMC with our Middle East Oil Dynasty partners are eager to engage. Being a significant player in the oil and gas space, this dynasty have all the attributes to acquire the refinery with TPMC and preserve local jobs. Subsidiary Temple Pershing Petroleum is already working with these same partners to supply Botswana and Ghana with the nations Oil requirement and to experience such lack of progress in regard to such a key part of the UK infrastructure is shocking. What is needed is action. We call for stakeholders to initiate conversations with us, to enable a proposal to be developed that meets the needs of all parties. Originally born and raised in Lincolnshire the area remains close to my heart and it was productive to meet with local MP Martin Vickers at Parliament and find he shares the same opinion and confusion in regard to the lack of transparency ”.

ENDS

NOTES TO EDITORS

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” or the “Company”)

TPMC is a developer of worldwide mining projects, and is represented by Robert Dougans of Preiskel & Co. LLP, London.

Contact: Temple Pershing Mining – press@tpminingco.com

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