Egdon Resources

Latest Egdon Resources News

• Oil revenues during the period up 67% to £1.55 million (H1 2011: £0.93 million)
• Production during the period up 68% to 29,624 barrels of oil equivalent (H1 2011: 17,671 barrels) from the Keddington and Avington oil fields and the Ceres and Kirkleatham gas fields.

• Production for the six months to 31 January 2012 was 29,624 barrels of oil equivalent ("boe"), an increase of 67% over the same period last year (17,671 boe).
• The Keddington oil field in Lincolnshire Licence PEDL005(Remainder) (Egdon 75%) suffered from a reduction in production in December due to wax build-up in the production tubing

• Egdon Resources has announced the farm-out of a 12.5% interest in Petroleum Exploration and Development Licence 201 (PEDL201) located in Nottinghamshire and Leicestershire to Terrain Energy and Corfe Energy.

• Completion of Seismic Survey

• Egdon Resources announce that EnCore Oil plc will assign to Egdon its 7.5% interest in a newly offered offshore licence covering part blocks 98/13 and 98/14.

• The part blocks 98/13 and 98/14 cover the offshore extension from PEDL 240 of a prospect that has been mapped using both seismic and well data and is located in the same petroleum basin as the Wytch Farm oil field.

• Egdon Resources reports agreement with Nautical Petroleum AG to sell 15% interests in onshore UK
• PEDL203 contains the Kirklington-3z producing well drilled in 2010 and produced at rates of 15-20 bopd.

• Nautical Petroleum is reached an agreement with Egdon Resourcesto acquire 15% interests in onshore UK.
• PEDL203 contains the Kirklington-3z producing well which was drilled in 2010 and produced at rates of 15-20 bopd.
• PEDL118 contains the abandoned Eakring-Dukes Wood oil field where the Dukes Wood-1 well was drilled and tested in 2010.

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