Ceres Production Update

Egdon Resources plc (AIM:EDR), is pleased to announce that net Egdon gas production from the Ceres field, including back-out gas, during November averaged 1.16 million cubic feet of gas per day (193 barrels of oil equivalent per day). This is the first full month of production following the successful installation of a new flowmeter in October and is in line with forecasts.

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3 December 2018

Wressle Planning Consent Refused

Egdon Resources plc (AIM:EDR) advises that its application for planning consent for the Wressle Development was refused at today’s meeting of the North Lincolnshire Council Planning Committee (“the Committee”). The application had been recommended for approval by North Lincolnshire County Council’s planning officers.

Mark Abbott, Managing Director of Egdon Resources plc, said:

“The decision of the Committee, whilst not entirely unexpected, is nonetheless disappointing given that the application had been recommended for approval by North Lincolnshire Council’s own professional planning officer who had the benefit of a positive assessment by specialist independent technical consultants.

We agree with the conclusion of the planning officer and the independent consultants and strongly believe the new application for the development of the Wressle oil field fully and comprehensively addresses the reasons for the refusal of the original planning applications and the subsequent appeals and therefore intend to appeal this decision without delay. We will begin preparing the appeal documentation on receipt of the Committee’s decision notice.”

28 November 2018

Wressle Development Recommended for Approval by Planners

Egdon Resources plc (AIM:EDR) is pleased to advise that its application for planning consent for the Wressle Development has received a recommendation for approval (subject to Conditions) from North Lincolnshire Council’s Planning Officer. (Read more…)

22 November 2018

Preliminary Results for the Year Ended 31 July 2018

Egdon Resources plc (AIM: EDR), a UK-based exploration and production company primarily focused on the hydrocarbon-producing basins of onshore UK, today announces its audited results for the year ended 31 July 2018. (Read more…)

30 October 2018

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