Egdon Resources plc said it would apply for planning permission before the end of February 2021 for a new oil well at Biscathorpe in Lincolnshire. SIDE-TRACK The operating company has a 35.8% interest in PEDL253 and its joint venture partners include Union Jack Oil (30%). Egdon said that accessible drilling target areas had been identified, […]
Tag: Egdon Resources UK Ltd
UKOG-Egdon-Angus give up Holmwood oil licence
UK Oil and Gas announced today that it had relinquished its oil licence PEDL143 in Holmwood, Surrey, in which it held a 67.5% stake. The other main partners in the licence who have also given up their interests are Egdon Resources plc (18.4%) and Angus Energy (12.5%). UKOG said that a detailed study had been […]
Union Jack increases North Kelsey stake to 50%
Union Jack Oil plc has acquired a further 30% from Egdon Resources plc of the North Kelsey prospect PEDL241 in Lincolnshire. TERMS The onshore hydrocarbon exploration and development company paid a cash consideration of £100,000 and has now aligned its 50% interest with operator Egdon. Previous financial farm-in obligations in respect of the 20% interest […]
Egdon granted more time to drill North Kelsey-1
Egdon Resources Ltd has been granted more time to drill PEDL241, containing the North Kelsey-1 well in Lincolnshire. EXTENSION Operator Egdon holds 80% and Union Jack Oil plc 20% in the licence. Lincolnshire County Council first granted temporary planning permission to drill an exploratory conventional oil in 2014. Egdon has now been given a further […]
Egdon completes North Sea gas farm-in with Shell
Egdon Resources plc (AIM:EDR) has sealed the farm-in agreement with Shell in respect of offshore North Sea licences P1929 and P2304 containing the Resolution and Endeavour gas discoveries. The Oil and Gas Authority (OGA) approved the transfer of a 70% interest and operatorship in both licences, and Egdon retains a 30% interest in the licences. […]
Egdon starts site works on Wressle JV oil field
Egdon Resources plc has started site works on the joint venture (JV) Wressle oil field near in the East Riding of Yorkshire. DESIGNS The site is in PEDL180 and PEDL182 where Egdon holds a 30% operated interest. The company said that a civils contractor had mobilised and works to reconfigure the Wressle production site had […]