Egdon Resources plc (AIM:EDR) is pleased to announce completion of the sale of a 10% beneficial interest in Onshore UK Petroleum Exploration and Production Licence 005 (Remainder) (“PEDL005(Remainder)”) to Alba Resources Limited, a wholly owned subsidiary of Nautical Petroleum plc.  PEDL005(Remainder) is located in the county of Lincolnshire and contains the producing Keddington oil field. (Read more…)

The Company was notified on 28 January 2009 that on 27 January 2009 Hargreave Hale Limited disposed of 400,000 ordinary shares in Egdon Resources (“Ordinary Shares”). Following the disposal Hargreave Hale Limited are interested in 12,990,500 Ordinary Shares representing 18.9 per cent. of the issued shares capital. 9,300,000 of these shares are for a unit trust operated by Marlborough Fund Managers Ltd, for which Hargreave Hale manages the investments on a discretionary basis. The remaining balance is held on behalf of other discretionary clients.

Egdon Resources plc (AIM:EDR) , the UK-based exploration and production company primarily focused on the hydrocarbon-producing basins of onshore UK and Europe, is pleased to announce  that it has been advised by Star Energy Group Plc that the Avington Field, came into production on the 23rd January 2009 and is flowing at approximately 300 barrels of oil per day.  The decision to switch to jet pump assisted lifting to increase output will be made after a suitable period of production. (Read more…)

Egdon Resources plc (AIM:EDR),the UK-based exploration and production company primarily focused on the hydrocarbon-producing basins of onshore UK and Europe, is pleased to announce  the award of a new French exploration permit.  The “Permis de Pontenx” (Pontenx Permit) was ratified on 16 December 2008 and published in the Official Journal on 20 January 2009. (Read more…)

The Company was notified today that on 19 December 2008, following disposal of ordinary shares in Egdon Resources (“Ordinary Shares”), Credit Suisse Securities (Europe) Limited no longer have a notifiable interest in the Ordinary Share capital of the Company.