Egdon Resources Dividends - EDR

Egdon Resources Dividends - EDR

Best deals to access real time data!
Level 2 Basic
Monthly Subscription
for only
Monthly Subscription
for only
UK/US Silver
Monthly Subscription
for only
VAT not included
Stock Name Stock Symbol Market Stock Type
Egdon Resources Plc EDR London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
0.00 0.0% 4.35 08:00:10
Open Price Low Price High Price Close Price Previous Close
4.35 4.35 4.35 4.35 4.35
more quote information »
Industry Sector

Egdon Resources EDR Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount

Top Dividend Posts

currypasty: any ideas whats pushing edr, compared to other wressle partners? fracking ?? free stock charts from
hoper1: Nice review of what's going on at Edr. Good find!
hoper1: RNS from Union Jack indicating $4.5 million to EDR from Wressle to date
currypasty: EDR looking very strong this morning, as opposed to UJO, and EOG red.. Anyone got any rumours to share ? have we a replacement for shell ?
lageraemia: I agree - no placing is needed for the current EDR work schedule. However, if EDR wanted to strike whilst the iron is hot and floor it (Expedite North Kelsey and Waddock Cross or offshore).....then cash in the bank gives options.
lageraemia: Interesting idea Curry. 1. UJO already own £100,000 of EDR shars at 2p 2. TAC on LSE commneted that UJO maybe flush with cash, but 'some JV partners' might need to raise to fund work still. Coverting £1.18 (in 18m interest at 11%) into EDR shares is a backhand way of increasing UJO's Wressle stake as well as helping to avoid a placing for EDR which is both expensive and reflects poorly on the other JV through 'sentiment optics'. 3. UJO gain further goodwill from their chief JV partner and there's less likelihood that their joint projects will be delayed for lack of cash. 4. EDR avoiding a placing not only saves broker fees, it reduces the chances of any leaks/insider trading and denies the parasitic bucket shop spivs an opportunity to suck some blood. Obviously RBD's cash position is another consideration, but EDR aren't involved in West Newton. As you say, UJO's $4m RNS will occur at exactly the same time as woul a $3m RNS by EDR and EOG. That sounds like a GREAT opportunity for a general update and glimpse of the future. The secotr needs a big day to grab some attention for a story that is starting to look too good to be true.
ldbart: Reasons to buy or hold Egdon Resources Plc #EDR ·        The UK Government are being pressured to lift the shale gas moratorium. Sentiment has recently shifted to UK O&G sustainability. EDR tanked from 12p to 2p when the moratorium was set. If it is lifted, it will rerate EDR accordingly. Big discovery at Gainsborough Trough. ·        Wressle revenue update. We've all seen the recent confirmation of $2.25M USD for Egdon based on Wressle-1 alone. Will be great to see this in the upcoming Interim Results ·        Wressle PEDL180/182 Competent Persons Report. We're due a CPR from GaffneyCline. This should firm-up the asset valuations and the gas/oil in place figures ·        Wressle Equipment Upgrades & Gas Production or Gas-to-Wire Update. The production equipment has been undergoing a revamp for a while now. It seems the recent proppant squeeze was a huge success and as such they are having to throttle the flow back to 1/3rd capacity, as the current gas handling equipment couldn't quite cope. A new gas separator and an additional (larger) gas flare was installed. The next step is to decide how the gas will be monetised the most efficient and revenue maximising way. We're due an update on the progress. ·        Wressle-1 Field Development Plan (FDP) for full production. Twitter has been rife with suggestions of what the eventual production oil flow will be.  My own prediction is 1,500 boepd including the gas production. Egdon will need to issue a formal FDP to the Oil & Gas authority for full production. I wonder whether the CPR will feed into this. ·        North Kelsey Planning Consent Extension. This was extended in December 2021 until 2022 and is expected to be further extended. Egdon have a huge increase in funds since Wressle has come online and they will not want to let the permits for North Kelsey lapse; especially as North Kelsey has 24.13 Million barrels of oil (upper Gross Mean Prospective Resources) ·        Biscathorpe-2z Side Track Appeal. The official planners approved the side-track, but the local councillors of Lincolnshire County Council refused it. It will be appealed and will hopefully target 1 of 2 potential oil pay zones. Biscathorpe is an appraisal well, having been discovered by BP in 1987 ·        Fiskerton Update. We're due a revenue update from Fiskerton, which had a workover recently ·        Keddington Expansion or Side Track. Further untapped potential for oil production under the K-4 well. Currently producing oil and 1.35MW gas-to-wire electricity generation ·        Ceres Production figures – Ceres is producing vast amounts of gas. We're due a revenue forecast for this soon. ·        Waddock Cross can produce 500-800bopd. We're waiting on an update on the redevelopment phase. ·        Resolution/Endeavour - Shell pulling out of Russian oil might be the kick start for this huge reservoir. Schlumberger recently announced the two zones held 249 Billion cubic feet of gas between them. ·        Oil & Gas Price currently $130 per barrel, but tipped for $300 per barrel by some O&G analysts ·        Fully funded. The Egdon directors have recently reiterated that there are no plans for a fundraise  
ADVFN Advertorial
Your Recent History
Egdon Reso..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20220627 23:23:25