The Directors of Egdon Resources plc are pleased to announce that at the Annual General Meeting held at the offices of Norton Rose Fulbright on 7 December 2017, all resolutions put before shareholders at the meeting were duly passed.

 Annual General Meeting Voting Results and Proxy Appointments 2017

At the meeting, Managing Director Mark Abbott presented a review of the business. The presentation will be available and can be accessed from the Company’s website: www.egdon-resources.com. 

Egdon Resources plc (AIM:EDR) is pleased to announce the acquisition of 100% interest in Promote Licence P2304 (UKCS Block 41/24) from Arenite Petroleum Limited (“Arenite”) and Europa Oil & Gas Limited (“Europa”). P2304 is located to the immediate south of Egdon’s 100% owned licence P1929 (UKCS Blocks 41/18 and 41/19) offshore North Yorkshire, which contains the 1966 Resolution gas discovery. (Read more…)

Egdon Resources plc (AIM:EDR) notes the release made this morning by Europa Oil and Gas (Holdings) plc (“Europa”) in respect of PEDL143 where Egdon holds an 18.4% interest. Europa included the following statements; (Read more…)

Egdon Resources plc (AIM:EDR) is pleased to announce the sale of a 20% interest in the recently acquired producing Fiskerton Airfield oil field in Lincolnshire licence EXL294 to Union Jack Oil plc (“Union Jack”). (Read more…)

Egdon notes that INEOS Upstream Limited (“INEOS”) has recently completed its acquisition of Total E&P Limited’s (“Total”) interests in certain UK onshore licences held jointly with Egdon in Gainsborough Trough area.

There is no change to Egdon’s financial position or equity interests resulting from this transaction. Total’s obligations to carry Egdon in respect of PEDL 139 and 140 have been taken over by INEOS in full.

(Read more…)