Egdon Resources plc (AIM:EDR) notes the announcement made after market close yesterday by operator IGas Energy plc (“IGas”) in relation to the decision of Nottinghamshire County Council’s Planning and Licensing Committee in respect of the Springs Road planning application. Egdon holds a 14.5% interest in PEDL140 where the proposed wells are located.
The IGas statement reads as follows;
“IGas Energy plc (“IGas”), one of the leading producers of hydrocarbons onshore Britain, notes that Nottinghamshire County Council has deferred its decision on the IGas planning application for exploration at Springs Road in order to consider a late legal representation. The meeting is now expected to reconvene on 15 November 2016.”