Egdon Resources Share Discussion Threads

[fox you] 02/9/2015 19:51

LOOKS LIKE THE PRO FRACKERS HAVE FRACKED OFF WITH THEIR TAIL BETWEEN THEIR LEGS

LOL

[bionicdog] 26/8/2015 21:03

Even you're not that stupid.

[fox you] 26/8/2015 20:50

YOU HAVE MY NUMBER

[jackall] 25/8/2015 10:49

Back up we go lol

[fox you] 24/8/2015 18:10

SP HELD UP WELL TODAY

LOL

[bionicdog] 23/8/2015 11:57

Why doesn't the link work? Please contact the Barclays digital eagles.

[fox you] 23/8/2015 11:14

CHEERS JA = LOL


BREAKING - SOME POSTITIVENEWS AT LAST???

YOU DECIDE THE CHOICE IS YOURS

www.theguardian.com/business/2015/aug/22/fracking-uk-whos-who-in-race-to-strike-it-rich

[bionicdog] 21/8/2015 17:50

No you won't. You don't have any money or dealing account remember. Oh you are a silly sausage.

[taudelta1] 21/8/2015 09:38

I imagine the proposed Prospect A onshore location is in a little valley in the coastal strip which is less visible from the surrounding area ... the drill geometry probably allows choice of say 500 metres in any direction, so an environmentally friendly spot is possible.. but, National Parks are sensitive. I wonder how any gas produced will be monetised .. maybe generating electricity on the spot rather than a pipeline? Company wide, it is clear that there are many possible upside triggers over the next 18 months, e.g. N Kelsey, Biscathorpe, further appraisal of Wressle, and the Gainsboro Trough (plus sentiment improvement from Cuadrilla etc making a start) ... GLA

[rogerlin] 20/8/2015 16:06

Slide 12 in the recent presentation shows Prospect A with a "Proposed well site location".

[m4rtinu] 20/8/2015 09:38

Don't get too excited!

Regarding fracking by TOTAL in Denmark. Originally suspended due to use of unauthorised chemicals (1), then dropped as uneconomical (2).

(1)

(2)

[taudelta1] 20/8/2015 09:15

Re Prospect "A" ... not sure about this, believe they already have the licence out to sea, and they just need the permission to drill diagonally from the land. I think this wouldn't come in a licensing round, it's a different process. BTW, studying the PEDL map will reveal that the shoreline there is in the N Yorks National Park ... so will be sensitive ... but the recent decision in favour of Yorks Potash (Sirius Mins) is encouraging. All in all though, I think there has to be a "PCOS" factor applied (P = political). Think there may be other stuff in the news before we hear about Prospect "A" e.g. Biscathorpe .... GLA.

[cyprussteve] 19/8/2015 21:07

New brokers note - link above - extract -
"VSA Capital’s price target suggests a potential upside of 156.60% from the stock’s current price."

[whackford] 19/8/2015 10:59

Quite right Rogerlin, that was my understanding. Maybe it will be given in the next batch. Egdon management seemed pretty confident of getting it at the last agm - I enquired on that point.

[rogerlin] 19/8/2015 10:48

I think they were hoping for an onshore licence to drill "Prospect A" from land but there seems no mention of that.

[taudelta1] 18/8/2015 15:28

Licences announced ... see RNS ... two areas... Wildmerpool Basin near Rempstone, two blocks (SK52A and SK53), these are the least interesting IMO. There are five really interesting blocks SK49/87c/88b/89e & SE41e in the Gainsborough Trough ... these five will be operated by IGAS (35%) with Total highly interested (50%) and 15% for EDR ... excellent news, GLA

[whackford] 14/8/2015 09:09

Still no sign of 14th round licences. Expected to hear this week since seemingly authoritative comments stated we would.

[gerhart] 13/8/2015 11:21

Imagine how the share price would be moving today if these weren't the investment dog days of August?! Still provides great opportunity for those not on the beach hung-over.

[m4rtinu] 13/8/2015 09:50

At least this MP will hopefully be able to find out what effects fracking has has in USA. Haven't checked if he is Con, Lab, LibDem or other.

The economic argument is obvious; its the environmental one which is doubtful, IMO.



As said before, hold ALK not EDR. Am unhappy at ALKs venture into shale.

[au24] 13/8/2015 09:46

A good solid company with a great history of hitting the mark share price wise big time. Been in here many years.

[gerhart] 13/8/2015 09:22

This news today - a great shot in the arm!

We have a very balanced portfolio of actual and potential standard and fracking sites. But surely this must be the absolute botttom for the share share price now. The only way is up! And who knows very quickly too, as quite often happens with EDR share price (A much better company in much better condition than IGAS too)

And a snippet from finals of last year:

"We are delivering on our strategy of building value in our U.K. shale-gas assets; this includes the landmark introduction of the first major, Total, into the U.K. shale-gas arena in three of our Gainsborough Trough licences where drilling is anticipated in 2015 subject to consents, and the acquisition of Alkane Energy's shale-gas interests," said Egdon's Chairman Philip Stephens in a statement.