TR-1: Notification of Major Shareholding
Wressle Development – New Planning Application
Egdon Resources plc (AIM:EDR) announces the submission on 28 April 2017 of a new Planning Application (“the Application”) for the Wressle field development. The Application includes additional detailed information to address the specific concerns raised by North Lincolnshire Council in its 11 January 2017 decision to refuse planning consent for the development of the Wressle Oil Field at Lodge Farm, Wressle, North Lincolnshire. The Application will now be validated by North Lincolnshire Council planning department, a procedure that usually takes one to two weeks.
As previously announced on 11 April 2017, Egdon has already submitted an appeal against North Lincolnshire County Council’s decision to refuse planning consent.
Egdon believe that this dual track approach will provide the best opportunity for a successful planning outcome with the minimum delay.
Wressle Development – Appeal and New Planning Application Update
Egdon Resources plc (AIM:EDR) announces that it will today start the appeal process through the Planning Inspectorate in respect of the decision by North Lincolnshire County Council (“the Council”) on 11 January 2017 to refuse planning consent for the development of the Wressle Oil Field at Lodge Farm, Wressle, North Lincolnshire.
Interim Results for the Six Months Ended 31 January 2017
Egdon Resources plc (AIM:EDR), the UK-based exploration and production company with a primary focus on the hydrocarbon-producing basins of the onshore UK, announces its unaudited interim results for the six months ended 31 January 2017. A presentation for analysts will be held at 9:30am on 11 April 2017 at the offices of Buchanan, 107 Cheapside, London EC2V 6DN. (Read more…)
PEDL209 Acquisition and New Opt-In Agreement with Total
Egdon Resources plc (AIM:EDR) is pleased to announce that it has acquired from Stelinmatvic Industries Limited (“Stelinmatvic”) its 12% interest in the unconventional resources exploration rights in UK Onshore licence PEDL209 located in one of the Company’s core areas, the Gainsborough Trough. As part of the consideration for this acquisition, Egdon has transferred 12% out of its interest in the remaining conventional prospects on the PEDL209 licence to Stelinmatvic.