North Lincolnshire council refuses planning consent for Wressle oil field
11th Jan 2017 16:22
(ShareCast News) - Shares in Egdon Resources and Union Jack Oil tumbled after the North Lincolnshire County Council's refused planning consent for the development of the Wressle oil field in North Lincolnshire. The planning committee also approved the application for the installation of groundwater
Read moreEgdon Resources buys additional stake in East Midlands licence
16th Nov 2016 08:17
(ShareCast News) - AIM-listed oil and gas explorer Egdon Resources has bought the additional stake in an East Midlands licence from Corfe Energy for £50,000. The company bought an additional 12.5% interest in PEDL201 in the Widmerpool Gulf from Corfe Energy for £50,000 in shares, subject to approval
Read moreEgdon Resources shares rise after Springs Road planning deferral
6th Oct 2016 14:34
(ShareCast News) - Egdon Resources shares were up on Thursday afternoon, after an announcement made after market close on Wednesday by IGas Energy. The announcement was over the decision of Nottinghamshire County Council's Planning and Licensing Committee in respect of the Springs Road planning appl
Read moreEgdon Resources hikes stake in PEDL068 to 68%
22nd Aug 2016 11:52
(ShareCast News) - Egdon Resources is acquiring an additional 20% interest in Petroleum Exploration and Production Licence PEDL068 from DESS Energy Ltd, taking its total stake to 68%. Egdon is operator of PEDL068, which is located in the Cleveland Basin, North Yorkshire. As consideration, Egdon wil
Read moreEdgon confirms licence extensions and conversions
4th Jul 2016 10:37
(ShareCast News) - Egdon Resources announced on Monday that the Oil and Gas Authority approved various licence extensions and conversions of licences to new model terms, as well as the relinquishment of one Egdon-operated licence. The AIM-traded firm confirmed that the first term of licence P1929 in
Read moreAIM oil and gas explorers surge on Yorkshire fracking decision
24th May 2016 14:55
(ShareCast News) - UK onshore oil and gas explorers IGas Energy and Egdon Resources were among those celebrating the approval granted to a fracking project in Yorkshire late on Monday. Councillors in North Yorkshire voted to back plans by privately owned Third Energy, said to be the first scheme to
Read moreEgdon reveals promising stats from Keddington
8th Feb 2016 14:42
(ShareCast News) - Egdon Resources and its partners revealed some promising statistics on Monday, from the Keddington-5 development well east of Biscathorpe, Lincolnshire. The AIM-traded company said KD5 was spudded on 20 January, and on 1 February had reached a total measured depth of 2,433 metres.
Read moreEgdon Resources reaches agreement over Weald Basin farm out
29th Jun 2015 13:14
Hydrocarbons explorer Egdon Resources has reached an agreement with UK Oil & Gas Investments for the exploration company's Weald Basin petroleum licence PEDL143. The licence, which is operated by Europa Oil & Gas, contained the Holmwood Prospect, which the PEDL143 partnership planned to test with th
Read moreEgdon excited after Wressle's Penistone tests show evidence of column
27th Mar 2015 12:25
Egdon Resources said the results of flow tests at Penistone Flags, its 25% owned Wressle-1 oil and gas discovery near Scunthorpe indicated the presence of an oil column below the gas zone. Perforation tests at Zone 3a in the Penistone Flags produced "good quality oil" at a flow that equated to appro
Read moreUnion Jack falls on announcement from partner Egdon Resources
4th Dec 2014 12:31
Union Jack Oil dropped into the red on Thursday after its partner Egdon Resources said there would be delays in the timing of the testing programme for the Wressle-1 well located in licence PEDL180, in Lincolnshire. Egdon has been told to meet additional requirements as part of the permit issued to
Read moreEgdon Resources, Union Jack Oil drop as Leicestershire well plugged
30th Oct 2014 15:17
The share prices of oil and gas groups Egdon Resources and Union Jack Oil plummeted on Thursday after an exploration well in the UK has had to be plugged. Egdon, the operator of the Burton on the Wolds-1 well in licence PEDL201, Leicestershire, said that the well spudded on 18 October and reached a
Read moreWressle-1 success boosts joint owners Egdon, Union Jack and Europa
2nd Sep 2014 09:33
The Wressle-1 exploration well, jointly owned by Egdon Resources, Union Jack Oil and Europa Oil & Gas, has been found to have a potential hydrocarbon pay in three intervals. Drilling on the well, which is located in Scunthorpe, began on 18 July and reached a total depth of 2,240 metres. Thicknes
Read moreSector movers: Shell, BG lift oil and gas sector, but Afren drops
31st Jul 2014 15:26
Results from oil major Royal Dutch Shell gave the UK-listed oil and gas sector a significant boost on Thursday, as the biggest constituent in the category smashed analysts' estimates with its second-quarter profits. Shell, which has a market cap of around £156bn at current prices, said that earning
Read moreAlkane Energy announces agreement with Edgon Resources
13th May 2014 13:31
Alkane Energy has unveiled an agreement with Edgon Resources to transfer rights over its shale interests in 10 licence areas to Egdon in exchange for shares. A total of 40m Edgon shares will be issued to Alkane, based on independent resource estimates. The transfer of the assets gives Alkane an 18
Read moreEgdon Resources agrees deal with Total SA
30th Jan 2014 13:30
Oil and gas group Egdon Resources announced the signing of an opt-in agreement with Total E&P UK, a subsidiary of French oil group Total SA, over the UK onshore petroleum exploration and development licence PEDL209 in Lincolnshire. The agreement, signed in partnership with Blackland Park Explorati
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