Farm-out of interest in the Wressle Prospect (PEDL180)

Egdon Resources plc (AIM:EDR) is pleased to announce the farm-out of an interest in Petroleum Exploration and Development Licence 180 (“PEDL180”), located in Lincolnshire, to Union Jack Oil plc (“Union Jack”). The farm-out is a further example of delivering on the Company’s strategy of farming out assets to manage risk and accelerate activity. (Read more…)

8 May 2013

Notification of Results

Egdon Resources plc (AIM:EDR), the UK-based onshore exploration and production company primarily focused on the hydrocarbon-producing basins of the UK and Europe, announces that its Interim Results for the six months ended 31 January 2013 will be announced on Monday 29 April 2013. (Read more…)

5 April 2013

Award of Offshore Licence

Egdon Resources plc (AIM:EDR) is pleased to announce the award by the Department of Energy & Climate Change of a licence covering offshore blocks 41/18 and 41/19 located adjacent to the North Yorkshire coast. The licence, awarded as a result of 26th UK Seaward Licensing Round, will be a Traditional Licence with Egdon Resources U.K. Limited holding 100% interest and Operatorship. (Read more…)

4 April 2013

Sale of Certain Interests in PL090 and PEDL237 and Earn-In Arrangements

Egdon Resources plc (AIM:EDR) is pleased to announce that it has reached agreement for the sale of a 12.5% interest in Wessex Basin Licences PL090 and PEDL237 to Corfe Energy Limited (“Corfe”) for a cash consideration of £500,000. The Waddock Cross field development area in PL090 is excluded from the transaction. (Read more…)

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