Yearly Archives: 2017

Operational Update

14 August 2017

Egdon Resources plc (AIM:EDR) the UK-based exploration and production company with a focus on the hydrocarbon-producing basins of the onshore UK is pleased to provide shareholders with an update on the Company’s licence portfolio and operations. (more…)

Biscathorpe-2 Exploration Well – Issue of environmental permits

13 July 2017

Egdon Resources plc (AIM:EDR) is pleased to announce the issue by the Environment Agency of the environmental permits required for the planned operated Biscathorpe-2 exploration well on PEDL253 in Lincolnshire. The prospect is located between Lincoln and Louth on the southern margin of the Humber Basin on trend with and to the west of the producing Keddington oil field (14 kilometres, Egdon operated) and the Saltfleetby gas field (20 kilometres).

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Wressle Planning Appeal Update

13 July 2017

Egdon Resources plc (AIM:EDR) announces that it will appeal the decision of North Lincolnshire Council’s Planning Committee of 3 July 2017 to refuse planning consent for a second time for the development of the Wressle Oil Field at Lodge Farm, Wressle, North Lincolnshire (Application PA/2017/696).

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UK Onshore Producing Oil Field Acquisition – Fiskerton Airfield

10 July 2017

Egdon Resources plc (AIM:EDR) is pleased to announce the acquisition of the producing Fiskerton Airfield oil field in Lincolnshire licence EXL294.

Egdon Resources plc (or “the Company”) will acquire a 100% interest in, and operatorship of the Fiskerton Airfield oil field from Cirque Energy (UK) Ltd (“Cirque”) for a cash consideration of $750,000 (c. £0.59 million) payable from existing cash resources upon completion. The effective date of the acquisition will be 1st January 2017.

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Wressle Planning Decision

3 July 2017

Egdon Resources plc (AIM:EDR) announces that the North Lincolnshire County Council’s Planning Committee has today again refused planning consent for the development of the Wressle Oil Field at Lodge Farm, Wressle, North Lincolnshire. (more…)

Wressle Planning Meeting

30 June 2017

Egdon Resources plc (AIM:EDR) notes that North Lincolnshire County Council’s Planning Committee will meet on Monday 3 July 2017 to determine the new planning application for the Wressle Development which includes additional detailed information to address the specific concerns raised by North Lincolnshire County Council in its 11 January 2017 decision to refuse the original application.

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UK Onshore Licence Interest Acquisition

12 June 2017

Egdon Resources plc (AIM:EDR) is pleased to announce completion of the acquisition of an interest in a licence in the Company’s East Midlands core area.

Egdon is acquiring a 50% interest in PEDL278 (UK National Grid Block SE51b) from Celtique Energie Petroleum Limited (“Celtique”) and Investcan Ltd. (“Investcan”) who were originally awarded the licence in the 14th Round. (more…)