Wressle Development Update and Loan Facility
Egdon Resources plc (AIM: EDR, “Egdon”) is pleased to provide an update on progress to first oil at the Wressle Oil Field Development (“Wressle” or the “Development”) and to provide details of a loan facility for £1 million. (Read more…)
Biscathorpe Planning Update
Egdon Resources plc (AIM: EDR, “Egdon”) is pleased to provide an update on the Biscathorpe Project in Lincolnshire Licence PEDL253 where the Company holds a 35.80% interest.
PEDL143 Relinquishment
Egdon Resources plc (AIM:EDR) notes the press release made today by UK Oil & Gas PLC (“UKOG”) the operator of PEDL143, where Egdon held a 18.4% interest.
North Kelsey Alignment of Interests
Egdon Resources plc (AIM:EDR) is pleased to announce an agreement with Union Jack Oil plc ( “Union Jack”) to align our equity interests in PEDL241, and to jointly pursue a farmout for the drilling of the North Kelsey-1 exploration well.
North Kelsey Planning Update
Egdon Resources plc (AIM:EDR) advises that its application to extend to 31 December 2021, the existing planning permission to drill conventional exploratory oil well at North Kelsey-1 site location was approved at today’s meeting of the Lincolnshire County Council Planning Committee. (Read more…)