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Egdon Resources PLC Ord 1P (EDR)

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21-Apr-2020 10:01 AM

Egdon Resources losses widen as plunge in energy prices trigger writedowns

Exploration and production company Egdon Resources reported a sharp fall in half-yearly profit amid asset writedowns owing to the plunge in energy prices. For the six months ended 31 January 2020, pre-tax losses widened to £3.2m from 724K on-year
26-Feb-2020 02:19 PM

Egdon Resources interim output up, affirms annual guidance

Egdon Resources posted a rise in first-half production and said it was on track to meet its first full-year guidance. Output for the six months through January rose to 32,758 barrels of oil equivalent, or at an average of 178 boe per day, up from 30,026
19-Nov-2019 02:09 PM

Egdon Resources reports annual loss as expenses offset rising revenue

Oil company Egdon Resources booked a full-year loss after rising revenue was offset by expenses. Pre-tax losses for the year through July amounted to £1.72m, compared to loses of £1.98m on-year. Revenue rose 81% to £2.20m and was offse
04-Mar-2019 09:23 AM

Egdon Resources meets production guidance after Ceres resumed operations

Egdon Resources met production guidance after output resumed at its Ceres oil field following the installation of a new flow meter. For the six months ended 31 January, total production from the Ceres gas field and the Keddington and Fiskerton airfield o
21-Feb-2019 12:00 PM

Broker Forecast - Cantor Fitzgerald issues a broker note on Egdon Resources PLC

Cantor Fitzgerald today reaffirms its buy investment rating on Egdon Resources PLC (LON:EDR) and cut its price target to 20p (from 24p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
21-Feb-2019 08:10 AM

Broker Forecast - VSA Capital issues a broker note on Egdon Resources PLC

VSA Capital today reaffirms its buy investment rating on Egdon Resources PLC (LON:EDR) and cut its price target to 46.70p (from 50p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
25-Jan-2019 09:10 AM

Broker Forecast - Cantor Fitzgerald issues a broker note on Egdon Resources PLC

Cantor Fitzgerald today reaffirms its buy investment rating on Egdon Resources PLC (LON:EDR) and cut its price target to 24p (from 31p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
09-Jan-2019 07:59 AM

Egdon Resources confirms Martin John Durham as replacement for Technical Director Jerry Field

Egdon Resources on Wednesday said Exploration Director Martin John Durham would replace Technical Director Jerry Field with immediate effect following his retirement. Martin joined the company in September 2014 and had 'significant' industry ex
30-Oct-2018 09:14 AM

Egdon Resources losses widen as oil production falls short

Egdon Resources, an exploration and production company, reported Tuesday wider annual losses after missing production guidance owing to temporary back-out production issues at its Ceres field. For the year ended 31 July 2018, pre-tax losses widened to &
29-Aug-2018 01:50 PM

Egdon Resources falls short of production guidance

Egdon Resources said it had fallen short of its annual production guidance due to outages at its Ceres field in the UK. Average daily production for the year through July was 84 barrels of oil per day, missing guidance of 100 barrels of oil per day. Pro
25-Jan-2018 10:30 AM

Broker Forecast - VSA Capital issues a broker note on Egdon Resources PLC

VSA Capital today reaffirms its buy investment rating on Egdon Resources PLC (LON:EDR) and set its price target at 48.50p. Story provided by StockMarketWire.com...
18-Jan-2018 09:09 AM

Egdon to submit new Wressle development plan

Egdon Resources will submit a new planning application for development of the Wressle oil field. Egdon said it had taken legal and planning advice after the Planning Inspectorate rejected the company's appeals over the development of Wressle. It s
05-Jan-2018 07:05 AM

Egdon's Wressle appeal rejected

Egdon Resources is reviewing its options after the Planning Inspectorate rejected the company's appeals over the development of Wressle. The company had appealed against two planning refusals by North Lincolnshire County Council's planning com
07-Dec-2017 03:00 PM

All resolutions passed at AGM of Egdon

Egdon Resources has confirmed that all resolutions were passed by shareholders at today's Annual General Meeting. At 3:00pm: (LON:EDR) Egdon Resources PLC share price was 0p at 7.25p Story provided by StockMarketWire.com...
04-Dec-2017 09:46 AM

Egdon acquires offshore Yorkshire licence

Egdon Resources ha acquired a 100% interest in promote licence P2304 (UKCS Block 41/24) from Arenite Petroleum and Europa Oil & Gas. P2304 is located to the immediate south of Egdon's 100% owned licence P1929 (UKCS Blocks 41/18 and 41/19) offshore
06-Nov-2017 07:38 AM

Egdon sells 20% interest in Fiskerton Airfield oil field

Egdon Resources has sold a 20% interest in the recently-acquired producing Fiskerton Airfield oil field in Lincolnshireto Union Jack Oil for around £137,000. In addition, Union Jack will wholly fund re-processing of the 3D seismic dataset at a gro
31-Oct-2017 07:19 AM

Egdon losses narrow

Egdon Resources' losses for the year to the end of July narrowed to £1.70m after net write downs and impairments of £0.19m compared with £2.69m in 2016 after net write downs and impairments of £0.72m. Oil and gas revenues du
27-Oct-2017 01:42 PM

Egdon completes acquisition

Egdon Resources has announced the completion of the acquisition a 100% interest in and operatorship of the Fiskerton Airfield oil field from Cirque Energy (UK) for $750,000. The Company added: "The field is currently producing circa 16 bopd from on
19-Oct-2017 07:55 AM

Egdon notes update on Holmwood well

Egdon Resources has noted an update by Euopa Oil & Gas (Holdings) on the Holmwood well in the Weald Basin following last night's decision by Surrey County Council's planning and regulatory committee to defer a decision on condition 19 - the traf
06-Oct-2017 07:53 AM

Egdon schedules FY results

Egdon Resources will announce its preliminary results for the year to the end of July on 31 Oct. Story provided by StockMarketWire.com...
14-Aug-2017 07:51 AM

Egdon update ahead of 'potentially transformational period'

Egdon Resources has issued an operational update ahead of "a potentially transformational period for the company and the onshore UK E&P business with significant news flow expected in both conventional and unconventional resources exploration".
17-Jul-2017 11:10 AM

Broker Forecast - VSA Capital issues a broker note on Egdon Resources PLC

VSA Capital today reaffirms its buy investment rating on Egdon Resources PLC (LON:EDR) and set its price target at 35.50p. Story provided by StockMarketWire.com...
13-Jul-2017 07:44 AM

Egdon to appeal Wressle planning decision

Egdon Resources will appeal North Lincolnshire Council planning committee's decision on 3 July to refuse consent for a second time for the development of the Wressle oil field at Lodge Farm. Egdon said notices advertising its intent to appeal woul
10-Jul-2017 08:14 AM

Egdon acquires Fiskerton Airfield oil field

Egdon Resources has acquired the producing Fiskerton Airfield oil field in Lincolnshire, subject to UK Oil and Gas Authority approvals. Egdon said it would acquire a 100% interest in, and operatorship of the Fiskerton Airfield oil field from Cirque Energ
30-Jun-2017 07:29 AM

Egdon notes Wressle planning meeting

Egdon Resources has noted that North Lincolnshire County Council's planning committee will meet on 3 July to determine the new planning application for the Wressle development. Egdon said this would include additional detailed information to address
 
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