Yearly Archives: 2015

Wressle-1 Update and Forward Plan

4 September 2015

Egdon Resources plc (AIM:EDR) provides an update on the Extended Well Test (“EWT”) operations at the Wressle-1 oil and gas discovery in licence PEDL180, located to the east of Scunthorpe, where Egdon operates with a 25% interest.

Egdon has commenced the planning and permitting work which will support the submission of a Field Development Plan (“FDP”) and a planning application for production at Wressle. (more…)

Egdon to be offered blocks in the 14th Onshore Oil and Gas Licensing Round first tranche

18 August 2015

Egdon Resources plc (AIM:EDR) notes that the Oil and Gas Authority (“OGA”) has today announced the blocks to be offered in the first tranche of the 14th Onshore Oil and Gas Licensing Round, which closed on 28th October 2014.

The management of Egdon are pleased to announce that the Company has been advised it will be offered a total of seven blocks or part blocks in this first tranche. The blocks are located in the East Midlands Petroleum Province and expand the Company’s acreage and opportunity base within one of its core areas of activity. The blocks to be offered provide a mix of new conventional, shale-gas and tight-oil opportunities. (more…)

Favourable Holmwood Planning Inspectorate Decision

7 August 2015

Egdon Resources plc (LSE: EDR) is delighted to note that Europa Oil and Gas (Holdings) plc (“Europa”) has today announced that the Planning Inspector has allowed the appeal and granted permission for the Holmwood Exploration Well in PEDL143 in Surrey.

Europa’s RNS contained the following information:

Europa Oil & Gas (Holdings) plc … is pleased to announce that the Planning Inspectorate has allowed Europa’s appeal against Surrey County Council’s decision not to grant permission to drill one exploratory borehole and undertake a short term test for hydrocarbons at the Holmwood prospect (‘Holmwood’) in the PEDL143 licence in the Weald Basin, Surrey. (more…)

Wressle-1 Extended Well Test Update – Results of Penistone Flags Zone 3A Test

21 July 2015

Egdon Resources plc (AIM:EDR) is pleased to announce encouraging results from the pumped test carried out over the Penistone Flags Zone 3A as part of the Extended Well Test (“EWT”) at the Wressle-1 oil and gas discovery in licence PEDL180, located to the east of Scunthorpe, where Egdon operates with a 25% interest.

During earlier initial testing, the Wressle-1 well produced oil and gas from three discrete reservoir intervals, the Ashover Grit, the Wingfield Flags, and the Penistone Flags as previously reported. At the end of those test operations, a completion was installed in the well to cater for a subsequent pumped EWT over the oil productive zones in the Ashover Grit (Zone 1) and the Penistone Flags (Zone 3A).

(more…)

Farm-out of Interests in Licence PEDL005(R)

14 July 2015

Egdon Resources plc (AIM:EDR) is pleased to announce that it has reached agreements in respect of separate farm-outs of Licence PEDL005(Remainder) (“PEDL005(R)”) to Terrain Energy Limited (“Terrain”) and Union Jack Oil plc (“Union Jack”). The licence, located in Lincolnshire, contains the Keddington producing oil field, part of the Louth oil prospect, and the North Somercotes gas prospect.

(more…)

Farm-out of Further Interest in PEDL253

22 June 2015

Egdon Resources plc (AIM:EDR) is pleased to announce that it has reached agreement in respect of a further farm-out of Licence PEDL253 to Union Jack Oil plc (“Union Jack”). Union Jack originally farmed-in to the licence in March 2013. (more…)

Wressle-1 Commencement of Extended Well Test

18 June 2015

Egdon Resources plc (AIM:EDR) is pleased to announce the commencement of an Extended Well Test (“EWT”) at the Wressle-1 oil and gas discovery in licence PEDL180, located to the east of Scunthorpe, where Egdon operates with a 25% interest. (more…)

PEDL241 – Acquisition of Additional Interest

5 June 2015

Egdon Resources plc (AIM:EDR) is pleased to announce that it has reached agreement with Celtique Energie Petroleum  Ltd. (“Celtique”) to acquire an additional 40% interest in Lincolnshire Licence PEDL241 for a nominal consideration. (more…)