Biscathorpe Planning Appeal Update

25 January 2022

Egdon Resources plc (AIM:EDR) is pleased to advise its intention to submit an appeal against the refusal of planning permission by Lincolnshire County Council (LCC) on 1 November 2021, for a side-track drilling operation, associated testing and long-term oil production at the Biscathorpe site, held under licence PEDL253. Egdon is operator and holds a 35.8% interest in the licence.

The decision has been made after reviewing LCC’s Decision Notice, which was received on 6 December 2021, taking advice from our planning and legal advisors and agreement with our joint venture partners.

The appeal documentation is currently in preparation and is expected to be submitted during Q1 2022.