Egdon Resources Share Discussion Threads

[au24] 08/2/2017 20:25

I see igas is struggling at the moment share price wise. So glad l cut and run some time back.

[au24] 08/2/2017 20:23

Thanks currypasty.

[currypasty] 08/2/2017 16:37

yes, and in the rns, here

[au24] 08/2/2017 16:31

Egdon to appeal against planning block in Lincs oil drilling according to Daily Mail.

[currypasty] 07/2/2017 13:03

Egdon Resources plc (the "Company") has been informed that as a result of Mr Mark Abbott's younger son achieving his majority, his shareholding is no longer to be counted as part of Mr Abbott's beneficial shareholding. Accordingly, although these shares have not been sold, Mr Abbott's beneficial shareholding is reduced by 100,000 ordinary shares to 7,764,387 ordinary shares, representing 2.99% of the issued and voting share capital of the Company


"son achieving his majority" ?????

[jackall] 30/1/2017 18:28

They have a lot of coverage and a lot of potential for possible takeover??

[currypasty] 27/1/2017 14:06

EDR, and UJO hit a bit harder than EOG

[currypasty] 19/1/2017 08:28

UKOG RNS

"Our drilling on the island is intended to cause zero hazards to any groundwater by employing the same drilling fluids and practices used by the water supply industry to drill drinking-water abstraction wells within the UK's limestone aquifers. This drilling technology is intended to include the use of modern biodegradable drilling fluids, manufactured from 100% natural plant starches, which are approved for use under the UK's Water Supply Regulations."

[nextlink] 17/1/2017 13:21

You are assuming the donuts have any knowledge of
Science, Engineering and Economics.
No doubt they are happy to fly to distant destinations
and drive motor vehicles.
Live in homes using electricity generated by fossil
fuels, as naturally they are anti nuclear.
You cannot reason with people who have a medieval view
of the world.

[currypasty] 17/1/2017 10:03

well, they have had nearly a week now to ponder what went wrong. Time to update the market what they are going to do about it. Surely they will appeal?

You have to wonder, on looking at the photos of the protesters waving their 'no fracking' boards about, that the Company failed to get across the facts about what the development is all about.

[julcester] 12/1/2017 07:10

The year of the unexpected vote result continues!They probably considered it a formality and it went awry. They seemed to put up a pretty lame defence. Very generic and not addressing specific points of opposition.

[prettybullish] 11/1/2017 21:30

Based on my read of how the meeting went...it looks like a pretty poor job by Egdon in managing the process. How does a positive planning officers recommendation turn into a rejection within 20 mins despite having the support of the party with the majority in the council!

[currypasty] 11/1/2017 16:16

Egdon Resources plc (AIM:EDR) announces that the North Lincolnshire County Council's Planning Committee has today refused planning consent for the development of the Wressle Oil Field at Lodge Farm, Wressle, North Lincolnshire.

At the same meeting the application for the installation of groundwater monitoring boreholes was approved.

Mark Abbott Managing Director of Egdon Resources plc, said:

"We are very disappointed by the decision of the Committee that goes against the positive recommendation of their Planning Officer which was determined after an extensive and thorough review of our proposals.

Our business has been operating exploration and production sites in a safe and environmentally sensitive manner across the region for many years, engaging with communities, employing local people and investing in the local supply chain.

We will now take time to consider our options including our right to bring forward an appeal."

[bionicdog] 11/1/2017 15:38

It'll be overturned. This happens every time.

[julcester] 11/1/2017 15:30

Application rejected

[gerhart] 08/1/2017 12:25

Well guys whatever the "driver" is, let's hope they remain in the driving seat and keep steering in the right direction! :) pardon all the puns!

[rogerlin] 06/1/2017 16:14

Perhaps it is hopes for Wressle that is moving the price. However the planning committee meeting has not yet been held (Jan 11th).

[rogerlin] 06/1/2017 15:59

I think it is Third Energy at Kirby Misperton. EDR has so far stuck to conventional production, although its interests in unconventional are growing!

[au24] 06/1/2017 15:02

Heard fracking is going on 20 miles from Scarborough. Is it EDR. Oil price is up,maybe why rise in share price today

[gerhart] 06/1/2017 10:43

Wonder has a tip appeared on some small site, or is a buy order being filled? Definitely wanting to push ahead at the moment.

[rogerlin] 21/12/2016 16:02

Thanks whackford. We will have to be patient. It looks like there is going to be a drill at Brockham shortly, if they get any flow from the Kimmeridge limestones that will surely be positive for Holmwood.