Yearly Archives: 2009

Holding in Company

13 February 2009

The Company was notified on 12 February 2009 that on 11 February 2009 Hargreave Hale Limited had sold a total of 500,000 ordinary shares in Egdon Resources (“Ordinary Shares”). Following the disposal Hargreave Hale Limited is interested in 12,740,500 Ordinary Shares representing 18.6 per cent. of the issued voting capital of the Company. 8,750,000 of these Ordinary Shares are held for unit trusts operated by Marlborough Fund Managers Ltd, for which Hargreave Hale manages the investments on a discretionary basis. The balance of the shares are held for discretionary clients of Hargreave Hale.

Directors Shareholdings

12 February 2009

Egdon Resources plc (the “Company”) was informed yesterday that Mr Walter Roberts, a Non-Executive Director, purchased on 11 February 2009, 100,000 shares at 9 pence in the name of his minor daughter. (more…)

Acqusition of YCI Resources Limited

11 February 2009

The Directors of Egdon Resources plc are pleased to announce that the company has reached agreement to acquire the entire issued share capital of YCI Resources Limited (“YCIR”) from the Heyco Energy Group (“Heyco”). (more…)

Holding in Company

3 February 2009

The Company was notified on 3 February 2009 that on 2 February 2009 Hargreave Hale Limited acquired 100,000 ordinary shares in Egdon Resources (“Ordinary Shares”). Following the acquisition Hargreave Hale Limited are interested in 13,090,500 Ordinary Shares representing 19.08 per cent. of the issued shares capital. 9,300,000 of these shares are for unit trusts operated by Marlborough Fund Managers Ltd, for which Hargreave Hale manages the investments on a discretionary basis. The remaining balance is held on behalf of other discretionary clients.

Sale of Interest in Keddington Field

2 February 2009

Egdon Resources plc (AIM:EDR) is pleased to announce completion of the sale of a 10% beneficial interest in Onshore UK Petroleum Exploration and Production Licence 005 (Remainder) (“PEDL005(Remainder)”) to Alba Resources Limited, a wholly owned subsidiary of Nautical Petroleum plc.  PEDL005(Remainder) is located in the county of Lincolnshire and contains the producing Keddington oil field. (more…)

Holding in Company

29 January 2009

The Company was notified on 28 January 2009 that on 27 January 2009 Hargreave Hale Limited disposed of 400,000 ordinary shares in Egdon Resources (“Ordinary Shares”). Following the disposal Hargreave Hale Limited are interested in 12,990,500 Ordinary Shares representing 18.9 per cent. of the issued shares capital. 9,300,000 of these shares are for a unit trust operated by Marlborough Fund Managers Ltd, for which Hargreave Hale manages the investments on a discretionary basis. The remaining balance is held on behalf of other discretionary clients.

Production Starts at the Avington Oil Field

27 January 2009

Egdon Resources plc (AIM:EDR) , the UK-based exploration and production company primarily focused on the hydrocarbon-producing basins of onshore UK and Europe, is pleased to announce  that it has been advised by Star Energy Group Plc that the Avington Field, came into production on the 23rd January 2009 and is flowing at approximately 300 barrels of oil per day.  The decision to switch to jet pump assisted lifting to increase output will be made after a suitable period of production. (more…)

Award of New Exploration Permit, Onshore France

23 January 2009

Egdon Resources plc (AIM:EDR),the UK-based exploration and production company primarily focused on the hydrocarbon-producing basins of onshore UK and Europe, is pleased to announce  the award of a new French exploration permit.  The “Permis de Pontenx” (Pontenx Permit) was ratified on 16 December 2008 and published in the Official Journal on 20 January 2009. (more…)