Farm-out of PEDL143, Holmwood Prospect, Weald Basin, UK
Egdon Resources plc (AIM:EDR) is pleased to announce that it has reached agreement in respect of a farm-out of Weald Basin, Petroleum Exploration and Development Licence PEDL143 to UK Oil & Gas Investments PLC (“UKOG”). (Read more…)
Farm-out of Further Interest in PEDL253
Egdon Resources plc (AIM:EDR) is pleased to announce that it has reached agreement in respect of a further farm-out of Licence PEDL253 to Union Jack Oil plc (“Union Jack”). Union Jack originally farmed-in to the licence in March 2013. (Read more…)
Wressle-1 Commencement of Extended Well Test
Egdon Resources plc (AIM:EDR) is pleased to announce the commencement of an Extended Well Test (“EWT”) at the Wressle-1 oil and gas discovery in licence PEDL180, located to the east of Scunthorpe, where Egdon operates with a 25% interest. (Read more…)
PEDL241 – Acquisition of Additional Interest
Egdon Resources plc (AIM:EDR) is pleased to announce that it has reached agreement with Celtique Energie Petroleum Ltd. (“Celtique”) to acquire an additional 40% interest in Lincolnshire Licence PEDL241 for a nominal consideration. (Read more…)