Comment on Recent Shale Gas Developments
Egdon Resources plc (AIM:EDR) note the recent publication of a number of government initiatives and reports in relation to shale gas and the wider onshore UK oil and gas industry. (Read more…)
Planning Approval for Waddock Cross Development (PL090)
Egdon Resources plc (AIM:EDR) is pleased to announce that Dorset County Council has granted planning permission for the development of the Waddock Cross oil field in onshore Production Licence PL090, located around 10 kilometres to the east of the town of Dorchester. (Read more…)
Planning Approval for Wressle-1 (PEDL180)
Egdon Resources plc (AIM:EDR) is pleased to announce that it has been notified by North Lincolnshire Council that Planning Consent has been granted for the drilling of an exploratory borehole on the Wressle Prospect in UK Onshore Petroleum Exploration and Production Licence PEDL180, located to the east of Scunthorpe. (Read more…)
Farm-in Agreed for PEDL209
Egdon Resources plc (AIM:EDR) is pleased to announce that it has agreed terms with Blackland Park Exploration Limited (“Blackland Park”) and Stelinmatvic Industries Limited (“Stelinmatvic”) for a farm-in to UK Onshore Petroleum Exploration and Development Licence PEDL209 (“the Licence”) located in Lincolnshire. Under the terms of the Farm-in Agreement Egdon will earn a 60% interest in the Licence in return for paying 100% of the cost of the planned Laughton-1 exploration well to the point of completion of the well for testing or, in the case that the well is a dry hole, abandonment and restoration of the site. Egdon will also assume operatorship of PEDL209. (Read more…)
Terms Agreed for the Sale of an Interest in PL090 and PEDL237
Egdon Resources plc (AIM:EDR) is pleased to announce that it has reached agreement on terms for the sale of a 10% interest in Licences PL090 and PEDL237 located in Dorset, to Union Jack Oil plc (“Union Jack”). (Read more…)