Egdon Resources Share Discussion Threads

[robs12] 18/5/2021 06:23

Another small step forwards...good news!

[currypasty] 17/5/2021 09:36

Mark Abbot interview, at 4.20


" we expect to provide a very positive update on that in the very near future "
" Wressle regulatory approval imminently "

[grannyboy] 14/5/2021 11:01

https://www.directorstalkinterviews.com/egdon-resources-a-busy-period-ahead-with-high-end-projects-and-good-newsflow-interview/412988656?utm_source=mailpoet

[currypasty] 04/5/2021 09:49

https://egdon-community.com/our-active-sites/
"Workover operations prior to start of production will include reperforation of the Ashover Grit reservoir and a proppant squeeze to “unblock” the rock pores and perforations. The proppant squeeze is not High-Volume Hydraulic Fracturing – it is completely different in terms of scale, duration and purpose and for clarity there are no shale oil or gas formations in the area. The flow rate following the workover operations is expected to be 500 barrels of oil per day. The proppant squeeze would be undertaken once only.

Planning consent and an Environmental Permit are in place to undertake the proposed work at site. Baseline groundwater monitoring data has been acquired and will be published here when finalised.

Planning permission is also in place to undertake the drilling of a short-length sidetrack well if needed."

[currypasty] 28/4/2021 10:34

well, there was nothing bad or unexpected in the results. The 400k hadn't been paid by end January, may not be till properly flowing, who knows. The tone suggested the 500 bopd still on the cards, so I guess proppant permission in writing still not received yet. Seems a big crane going onto Wressle site again today, what its doing is anyones guess.

Perhaps EDR is oversold even at the guestimate of 90 bopd without proppant ?

[currypasty] 27/4/2021 11:55

not sure about that, Killik now have 2.72% or 8.93m shares

they used to have 10.42m shares

https://uk.advfn.com/stock-market/london/egdon-resources-EDR/share-news/Egdon-Resources-PLC-Notification-of-Major-Holdings/78376589

[nash81] 27/4/2021 11:26

TR1 ----- someone happy to build a stake in EDR

[thetoonarmy2] 27/4/2021 06:26

Notice they didn't say date when they applied for proppant squeeze yet tell us date when they applied for side track on Biscathorpe.

[currypasty] 27/4/2021 06:08

basically, still waiting for OGA permission..


" The most significant event during the period was the completion of site and recompletion works and commencement of oil flows at Wressle. We continue to await consent to proceed with the proppant squeeze in order to bring production up to the expected level of 500 bopd which will have a meaningful impact on our production and cash flow"

[currypasty] 27/4/2021 06:07

Our key operational focus for the coming period will be:

-- Progressing the proppant squeeze at the Wressle oil field to attain target production of 150 boepd net to Egdon

-- Securing planning consent for the Biscathrope-2Z side-track, testing and long-term production

-- Progressing a farm-out of North Kelsey-1 and Biscathorpe-2Z with a view to drilling during 2021-22

-- Progressing the acquisition of the planned 3-D seismic survey over the Resolution and Endeavour gas discoveries in February 2022

-- Progressing drilling plans to target incremental oil production / near field exploration opportunities at the Keddington oil field and field redevelopment at Waddock Cross

-- Developing a detailed plan for geothermal repurposing of either or both of the Dukes Wood and Kirklington wells.

-- Subject to lifting of the current moratorium on hydraulic fracturing operations for shale-gas, progressing plans for further testing of our extensive Gainsborough Trough unconventional resources assets

[currypasty] 27/4/2021 06:04

https://uk.advfn.com/stock-market/london/egdon-resources-EDR/share-news/Egdon-Resources-PLC-Interim-Results/84918600

[nash81] 20/4/2021 20:27

surprised we are way below 2p

[currypasty] 20/4/2021 14:06

Interim Results of the Company for the six months ended 31 January 2021 will be issued on Tuesday 27 April 2021

[currypasty] 19/4/2021 09:51

Considering Wressle was going to be producing 500 bopd last October, this has been very disappointing..

[currypasty] 19/4/2021 07:49

Interim results due before the end of the month

[jasper2712] 17/4/2021 12:53

Why are they taking so long to release the flow rates from Wressle

[likeawalrus] 16/4/2021 14:06

took a punt this morning but both my trades showing as sells as below mid...very happy with price based on bid/offer but feels a bit risky!

[currypasty] 14/4/2021 18:12

free stock charts from uk.advfn.com

[bean02] 09/4/2021 10:07

Towel thrower today. Can't blame them. Torturous hold

[currypasty] 26/3/2021 15:54

https://ukinvestormagazine.co.uk/china-could-destroy-uk-equity-returns/

from 20 mins, wressle

[currypasty] 22/3/2021 12:20

doesn't time fly...

still waiting on propant squeeze permission ?

[thetoonarmy2] 16/3/2021 10:27

Quite a few buys yesterday showing on the AQSE trading board one of 500k I know it was mine just in case Egdon manage to keep its semi professional status :):)

[guesswhosback2] 05/3/2021 12:15

Ive just topped up here, hoping for news soon.