Final Results for the Year Ended 31 July 2015
Wressle Oil and Gas Discovery: Update
Egdon Resources plc (AIM:EDR) is pleased to provide an update on operations and plans for the Wressle oil and gas discovery located to the east of Scunthorpe in Lincolnshire on licence PEDL180 where Egdon operates with a 25% interest.
As announced previously, it had been the PEDL180 joint venture (JV) partners’ intention to undertake further well test operations on both the Ashover Grit and Penistone Flags intervals. However, since completion of the Extended Well Test (“EWT”) operations in early September 2015, the group has completed a detailed review of the data gathered to date and are now sufficiently comfortable to continue working towards compiling a field development plan (“FDP”) without requiring further time-consuming and costly testing operations. (Read more…)
Notification of Results
Egdon Resources plc (AIM:EDR) announces that its Preliminary Results for the year ended 31 July 2015 will be announced on Tuesday, 3 November 2015.
An analyst meeting will be held at 9.30am on 3 November 2015 at the offices of Buchanan, 107 Cheapside, London, EC2V 6DN.
Favourable Holmwood Planning Decision- Drilling Corridor
Egdon Resources plc (LSE: EDR) is pleased to note that Europa Oil and Gas (Holdings) plc (“Europa”) has today announced that the Surrey County Council’s Planning & Regulatory Committee has granted permission for the underground drilling corridor for the Holmwood Exploration Well in PEDL143 in Surrey. (Read more…)
Completion of Farm-out of Interests in Licence PEDL005(R)
Further to the announcement of 14 July 2015, Egdon Resources plc (AIM:EDR) is pleased to announce that all the required authorisations have been received in respect of separate farm-outs of Licence PEDL005(Remainder) (“PEDL005(R)”) to Terrain Energy Limited (“Terrain”) and Union Jack Oil plc (“Union Jack”). The licence, located in Lincolnshire, contains the Keddington producing oil field, part of the Louth oil prospect, and the North Somercotes gas prospect. (Read more…)