Egdon Resources Share Discussion Threads

[spacedust] 07/6/2016 17:20

Chart says 15-16p next leg up

[ohno1] 07/6/2016 13:59

just tried a quote and deal with Barclays for 5000 and again for 1000 couldn't
get a quote!!!

[spacedust] 06/6/2016 15:58

Is this poised to fly again?

[cinques] 05/6/2016 18:57

With Bramhill involved? No thanks

[jimduggen] 01/6/2016 14:57

Union jack oil all the way for me.

[itsriskythat] 25/5/2016 10:50

Sad to try ramping Nostrum here, what about all the others in the O&G space?

[taudelta1] 25/5/2016 07:58

Springs Road (PEDL 140) application progresses with final determination expected in the third quarter of 2016 (from IGAS statement today).

[taudelta1] 24/5/2016 10:00

The LSE board is busier than this, for this particular stock .. but for what it's worth, my most successful stocks are the ones with the quietest boards! Lot of good news still to come in 2016, including Cuadrilla/Lancs decision reversal, Wressle production .. GLA

[paleje] 24/5/2016 09:35

Edison's report of a week ago assessed asset value of conventional 22p and unconventional 22p based on recent transaction values. That was before Northallerton which surely strengthens the unconventional case.

I know it's already been posted but for newcomers:-

[haydock] 24/5/2016 08:54

The two fracking shares have gone up @25%, & on the bb's the above is the only post !
Amazing : is this perhaps a P&D ?
Folk too busy buying to post ?

[ohisay] 24/5/2016 04:34

Voted 7 to 4 which is a tad surprising .

[cheek212] 23/5/2016 19:11

Fracking approved

[taudelta1] 23/5/2016 08:52

KM decision today .... IMO 2/3 chance of "no" but this will be overturned later .. so any dip an opportunity because soon the Cuadrilla/Lancs decision will be overruled .. GLA

[ohisay] 19/5/2016 14:32

Nice to see EDR doing comparatively well given all other oil stocks down because of presumed FED tightening.
My personal view is that buying EDR under 8p is almost a a no brainer.

[rogerlin] 18/5/2016 08:31

Thanks ohisay for that informative link.

"The well pad is planned to be constructed within a Cold War Bloodhound Missile site" (Springs road).

Sounds an ideal place for EDR to rocket upwards!

[ohisay] 17/5/2016 15:58

Well worth a read - you may have to register for an email copy.



Egdon’s interim results confirmed that production is on track to meet FY16
guidance of 180boe/d with 204boe/d delivered in the first half. In the shortterm,investor focus is likely to remain on shale gas planning and
development of the Wressle oil discovery.
Planning decisions for ThirdEnergy’s KM-8 and Cuadrilla’s Roseacre Wood and Preston New Road shale appraisal sites are expected over the next six months. Planning approvals potentially pave the way for exploration and appraisal at Springs Road, an asset in which Egdon has a 14.5% carried interest. In our view,
Springs Road is ideally located to test thick, gas-mature Bowland shale in
the prospective Gainsborough Trough and remains a valuable asset within
the Egdon portfolio.
We publish updated 2016 financial forecasts and a conventional RENAV of 22p/share. We also include 22p/share for unconventional acreage based on recent transaction values.

I've my largest ever position here - its under the radar for most investors but that could easily change.

[thomasthetank1] 26/4/2016 12:51

Read VSA Capital's note on EGDON RESOURCES, out this morning, by visiting hxxps://www.research-tree.com/company/GB00B28YML29
"As we have previously highlighted 2016 has the potential to one day be looked back upon as the year that kicked the UK’s shale gas industry into action. A number of UK shale players expect decisions to be made on their applications in the coming months, including the Springs Road planning application at the IGas (IGAS LN) operated PEDL 139/140, where EDR has a carried 14.5% WI. Positive decisions on these applications should improve sentiment among the investment community and support EDR’s share price ..."

[haydock] 28/3/2016 14:39

Cuadrilla have drilled to a depth, which is what has happened at H hill.
Said to be at a greater depth than others ?

They will not announce anything at the moment for political reasons, they have enough problems.

We shall know someday.