Farm-out of Interest in PEDL201
Egdon Resources plc (AIM:EDR) is pleased to announce the farm-out of a 12.5% interest in Petroleum Exploration and Development Licence 201 (“PEDL201”) located in Nottinghamshire and Leicestershire to Terrain Energy Limited (“Terrain”) and Corfe Energy Limited (“Corfe”). (Read more…)
Completion of Seismic Survey
Egdon Resources plc (AIM:EDR) is pleased to announce the completion of a 3-D seismic survey across the Broughton and Wressle Prospects, which are located to the East and South-East of the town of Scunthorpe in North Lincolnshire. (Read more…)
Acquisition of Licence Interest
Egdon Resources plc (AIM:EDR) is pleased to announce that EnCore Oil plc (“EnCore”) will assign to Egdon its 7.5% interest in a newly offered offshore licence covering part blocks 98/13 and 98/14. This assignment is a consequence of the agreement by which Egdon acquired certain UK and French assets from EnCore, and which completed in 2010. (Read more…)
Sale of Interests in PEDL118 and PEDL203
Egdon Resources plc (AIM:EDR) is pleased to report that it has reached agreement with Nautical Petroleum AG, a wholly owned subsidiary of Nautical Petroleum plc (“Nautical”), to sell 15% interests in onshore UK Petroleum Exploration and Development Licences (“PEDLs”) PEDL118 and PEDL203 located in Nottinghamshire. (Read more…)
Appointment of Director
Egdon Resources PLC (AIM:EDR) is pleased to announce the appointment of Jerry Field as Exploration Director with immediate effect. Jerry has been employed as Exploration Manager at Egdon since February 2011. (Read more…)