News Oil & Gas

United to focus on Jamaica and UK after Egypt exit

United Oil & gas plc said it would focus on its assets offshore Jamaica and onshore UK after it has left Egypt. 2024 The company holds a 26.25% working interest in licence PL090 in Dorset containing the Waddock Cross oil field, operated by majority owner Egdon Resources. During 2020, Egdon completed reservoir modelling work on […]

News Oil & Gas

Egdon completes Avington-Waddock Cross acquisition

Egdon Resources plc has increased its interests in two southern UK onshore oil licences after completing its acquisition of Aurora Production (UK) Ltd. OIL FIELDS Private company Aurora Production, owned by vendor Aurora Petroleum Ltd, had an 18.75% interest in the Edgon-operated licence PL090 which contains the Waddock Cross oil field in Dorset. It also […]

News Oil & Gas

Egdon increases stake in Waddock Cross-Avington

Egdon Resources plc has signed a conditional agreement to acquire Aurora Production (UK) Ltd which holds interests in Waddock Cross and Avington oil fields. REJUVENATE Aurora holds an 18.75% interest in the Edgon-operated licence PL090 containing Waddock Cross in Dorset. It also owns an 8.33% interest in the IGas Energy-operated licence PEDL070 holding Avington in […]