Further to the announcement on 1 August 2011 and following approval by the Department of Energy and Climate Change, Egdon is pleased to report the completion of the sale of a 10% interest in the Avington oil field under licence PEDL070, for a consideration of £400,000 in cash. (Read more…)

Egdon Resources plc (EDR:AIM) is pleased to advise that gas production resumed from the Ceres gas field on 17 September 2011, following prolonged maintenance shut-down of the BP Cleeton Platform and associated infrastructure. Total field production is initially expected to be around 21 million cubic feet of gas per day. Egdon holds a 10% interest in Ceres and net Egdon production after Backout (the allocation of Ceres gas to replace the production at the Mercury and Neptune fields which have been shut-in to allow Ceres production) is expected to be around 1.2 million cubic feet of gas per day (200 barrels of oil equivalent per day).

Egdon Resources plc (EDR:AIM) note the release made today by Northern Petroleum plc (“Northern”) advising that it has started operations for an extended well test of the Markwells Wood-1 oil discovery in West Sussex licence PEDL126 where Egdon hold a 10% interest. (Read more…)

Egdon Resources plc (EDR:AIM) is pleased to provide an update on its UK operations and production at its year end of 31 July 2011. (Read more…)

Egdon Resources plc (AIM:EDR) is pleased to report that its wholly owned subsidiary Egdon Resources Avington Limited (“ERA”) has reached agreement to sell a 10% interest in the Avington oil field under licence PEDL070, for £400,000 in cash. (Read more…)