Commencement of 2D seismic acquisition on PEDL 181, East Lincolnshire
Egdon Resources plc (AIM:EDR) notes the release made today by Europa Oil and Gas (Holdings) plc (“Europa”) advising commencement of 2D seismic acquisition in UK Onshore Licence PEDL 181 in which Egdon holds a 25% interest. (Read more…)
Farm-out of Interests in PEDL253 and PEDL241 and farm-out options
Egdon Resources plc (AIM:EDR) is pleased to announce that it has reached agreement in respect of farm-outs in Petroleum Exploration and Development Licences (“PEDLs”) PEDL253 and PEDL241 to Union Jack Oil plc (“Union Jack”). Additionally, Egdon and Union Jack have signed a Letter of Intent whereby Union Jack has been granted an option to acquire a 10% interest in the North Somercotes Prospect in PEDL005R and a further 5% interest in PEDL241 from Egdon. (Read more…)
Grant of Options to Directors
Egdon Resources plc (AIM:EDR) announces that as part of its annual salary and incentive review it has granted options to the following Directors under the terms of the Companys Enterprise Management Investment Option Scheme. (Read more…)
Change of Adviser
Egdon Resources plc (AIM:EDR) announces that Cantor Fitzgerald Europe has been appointed as the Companys Nominated Adviser and Broker with immediate effect. (Read more…)
Farm-out of interest in PEDL201
Egdon Resources plc (AIM:EDR) is pleased to announce the farm-out of a further 5% interest in Petroleum Exploration and Development Licence 201 (“PEDL201”) located in Nottinghamshire and Leicestershire to Union Jack Oil plc (“Union Jack”). (Read more…)