Egdon Resources Share Discussion Threads

[kibes] 07/6/2022 11:13

The Environment Agency has done a lot of work on the risks of fracking and doesn't actually ban it. It just sets strict controls if it is to be carried out. It is only the Government who decided to ban it. I can't see the British Geological Survey coming to a different conclusion to the Environment Agency. The ball will be in the Government's court but with Boris Johnson on the ropes he will go for whatever is the populist approach. Something needs to be done about impossibly high gas bills but of course he has his daft greenie net zero agenda which is not delivering any goods.

[gerhart] 01/6/2022 09:05

Be fascinating to see what happens with regards to the, Gov commissioned, report from the British Geological Survey on fracking, about risks. This is due this month I think.

Remember it was the Gov, who knocked Fracking on the head a few years ago, based on information from "..British Oil and Gas board???"....or whatever they were called. And also pressure from Eco loons.

And it is the Gov who can decide to put back on track again - regardless of what the British Geological Survey advise. And all the vibes are that the Gov want it back on track, due to all the world events we know about.

It would also create thousands of UK jobs, just as the UK and world seem to be heading towards a possible recession.

So next few weeks, as Mr A alluded to, in the Directors Talk interview above (Link from Currypasty), could be fascinating for our share price Time will tell.

[hoper1] 31/5/2022 09:58

Nice review of what's going on at Edr. Good find!

[gerhart] 31/5/2022 09:14

Thanks Curry.

[guesswhosback2] 30/5/2022 07:53

Good news today. Moving forward.

[talkman2] 27/5/2022 07:00

Yesterday’s Govt. news should give a real boost to Egdon’s gas licenses which Shell inexplicably relinquished . Expecting action and farm-out news now .

[mountain man] 26/5/2022 10:59

Kwizza - not normally, written reps is a faster and cheaper way forward.

[kwizza] 26/5/2022 10:55

Do the appeals take long to go through

[gerhart] 26/5/2022 09:49

A small, well-managed, debt-free company in the oil and gas business in the current climate, with good future low-risk prospects - and the small and (I think) growing possibility of fracking getting the nod again in the UK. What's not to like?

Just wish I had bought in sooner when I was mulling in late Dec! :(

[guesswhosback2] 26/5/2022 07:54

This is looking exceptionally good for the future

[currypasty] 26/5/2022 07:40

"I am pleased to report that continuing strong production from Wressle and Ceres coupled with high oil and gas prices have translated into a robust year to date financial performance for Egdon. The material cash flow generated has been transformational, enabling the Company to become debt free and funded for all near-term commitments in parallel with considering further growth opportunities."

[bionicdog] 25/5/2022 09:01

If they change it to 3.00-11.00pm it might be worth going.

[currypasty] 23/5/2022 08:37

23 May 2022

Union Jack Oil plc

("Union Jack" or the "Company")

US$6 Million Net Revenues Landmark Reached at Wressle Production Development

Union Jack Oil plc (AIM: UJO) a UK focused onshore hydrocarbon production, development and exploration company, is pleased to announce that material landmark net revenues of US$6 million have been achieved from the Wressle hydrocarbon development ("Wressle"), located within licences PEDL180 and PEDL182 in North Lincolnshire on the western margin of the Humber Basin.

Union Jack holds a 40% economic interest in this producing hydrocarbon development.



we have 30%, so $4.5m to us

[hoper1] 23/5/2022 08:34

RNS from Union Jack indicating $4.5 million to EDR from Wressle to date

[hoper1] 20/5/2022 15:18

Do a search on Google. Several references to him

[guesswhosback2] 20/5/2022 11:31

Thats interesting I wonder who they are?

[lammergeier] 18/5/2022 16:01

Maybe fracking in the pipeline?