Yearly Archives: 2013

Sale of Certain Interests in PL090 and PEDL237 and Earn-In Arrangements

2 April 2013

Egdon Resources plc (AIM:EDR) is pleased to announce that it has reached agreement for the sale of a 12.5% interest in Wessex Basin Licences PL090 and PEDL237 to Corfe Energy Limited (“Corfe”) for a cash consideration of £500,000. The Waddock Cross field development area in PL090 is excluded from the transaction. (more…)

Farm-out of Interests in PEDL253 and PEDL241 and farm-out options

5 March 2013

Egdon Resources plc (AIM:EDR) is pleased to announce that it has reached agreement in respect of farm-outs in Petroleum Exploration and Development Licences (“PEDLs”) PEDL253 and PEDL241 to Union Jack Oil plc (“Union Jack”). Additionally, Egdon and Union Jack have signed a Letter of Intent whereby Union Jack has been granted an option to acquire a 10% interest in the North Somercotes Prospect in PEDL005R and a further 5% interest in PEDL241 from Egdon. (more…)

Grant of Options to Directors

26 February 2013

Egdon Resources plc (AIM:EDR) announces that as part of its annual salary and incentive review it has granted options to the following Directors under the terms of the Companys Enterprise Management Investment Option Scheme. (more…)

Change of Adviser

25 February 2013

Egdon Resources plc (AIM:EDR) announces that Cantor Fitzgerald Europe has been appointed as the Companys Nominated Adviser and Broker with immediate effect. (more…)

Farm-out of interest in PEDL201

19 February 2013

Egdon Resources plc (AIM:EDR) is pleased to announce the farm-out of a further 5% interest in Petroleum Exploration and Development Licence 201 (“PEDL201”) located in Nottinghamshire and Leicestershire to Union Jack Oil plc (“Union Jack”). (more…)

Director Share Dealing

24 January 2013

The Company has been informed that Mark Abbott, Managing Director, today purchased 200,000 ordinary shares in the Company at a price of 10.64 pence each via his SIPP. Mr Abbotts total beneficial shareholding in the Company is now 7,563,824 ordinary shares, representing 5.7 per cent of the issued share capital of the Company.