Share Name Share Symbol Market Type Share ISIN Share Description
Egdon Resources Plc LSE:EDR London Ordinary Share GB00B28YML29 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 4.50 432,258 07:40:55
Bid Price Offer Price High Price Low Price Open Price
4.30 4.70 4.50 4.50 4.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 1.09 -1.68 -0.51 24
Last Trade Time Trade Type Trade Size Trade Price Currency
12:09:29 O 63 4.575 GBX

Egdon Resources (EDR) Latest News

More Egdon Resources News
Egdon Resources Investors    Egdon Resources Takeover Rumours

Egdon Resources (EDR) Discussions and Chat

Egdon Resources Forums and Chat

Date Time Title Posts
05/7/202208:21Egdon resources.... new to AIM4,975
16/3/202209:45Egdon Resources Plc4
23/1/202018:52BUY in Egdon Resources (EDR)9
23/1/202006:30Edgon Resources PLC - DATA21
03/3/200816:10Edgon Resources1

Add a New Thread

Egdon Resources (EDR) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
View all Egdon Resources trades in real-time

Egdon Resources (EDR) Top Chat Posts

Egdon Resources Daily Update: Egdon Resources Plc is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker EDR. The last closing price for Egdon Resources was 4.50p.
Egdon Resources Plc has a 4 week average price of 3.90p and a 12 week average price of 2.75p.
The 1 year high share price is 4.60p while the 1 year low share price is currently 1.24p.
There are currently 524,392,031 shares in issue and the average daily traded volume is 1,113,171 shares. The market capitalisation of Egdon Resources Plc is £23,597,641.40.
currypasty: Egdon Resources plc (AIM:EDR), a UK focused energy company , announces that an application has been made to the London Stock Exchange plc for a block listing of securities in respect of 49,299,000 ordinary shares of GBP0.01 each (the 'New Ordinary Shares') to be admitted to trading on AIM. The New Ordinary Shares will be issued from time to time in order to satisfy the remaining outstanding warrants which may be exercised. It is expected that admission will become effective on 8 July. The block listing consists of 49,299,000 ordinary shares in respect of the remaining outstanding warrants granted in July 2021 as part of the Company's GBP1.44 million fundraise through the issue of 115,228,000 new ordinary shares at a price of 1.25 pence per share. As part of this raise, each two subscription shares were granted a right to subscribe for one new ordinary share at a price of 2.5 pence per share (the "warrants"). The warrants are exercisable at any time until 23 July 2023.
gerhart: Nash, Curry helpfully posted this previously. Should remove any doubts about potential...near end. But the interview just illustrates what a good company EDR is even without fracking. CURRY, I had read that and wonder is it tidying up/positioning so if fracking gets a green light, they bid for remaining shares and have more profit for themselves. Could take management team with them of course. Wonder is today's nice rise in response to people's take on that? Someone posted this link from mail today. Reading this it seems British Geological Survey report has gone to US for peer review?
currypasty: any ideas whats pushing edr, compared to other wressle partners? fracking ?? free stock charts from
hoper1: Union Jack just posted results - and included this: Successful proppant squeeze and coiled tubing exercise at Wressle resulted in an instantaneous flow rate of over 1,000 barrels of high-quality oil per day ("bopd") being achieved with zero water cut Wressle-1 pressure test analysis by ERCE indicates potential flow rates of between 1,200 to 1,500 bopd are achievable Wressle Revised Field Development Plan submitted to the North Sea Transition Authority ("NSTA") for approval Lets hope some of their share price increase flows over into us as well
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  
nash81: apparently we may have some activities for PDL 209. looking at recent RNS from MNRG which they also participated in PDL 209 whereby EDR is operator, we may hear some news on it soon. that should bring higher uplift to EDR share price although now all eyes on Wressle
nash81: agree,CURRYPASTY16 I am in EDR, EOG and UJO. though i am more confident with UJO and EOG. EOG cash should be enough and Wressle will be online by Christmas, so money generated will be enough to cover operations. bonus IF they can get updates /farm out on irish and morroco. I decided to buy more EOG next week as share price is crazy low at 1p On EDR, a bit of gamble but I do hope we will get uplift on EDR share price soon on the Wressle. news should be next couple of weeks. CURRYPASTY 16 Oct '20 - 10:11 - 4115 of 4120 Ive bought a few more this morning, to get my average down. In my opinion its gamble on will they get Wressle producing, before the cash runs out. If they do, and if initial indications were good for the 500bls, then it should be worth a penny on the shareprice. If the costs of wressle are high, and the payments for all this work and services are pressing, or first oil is delayed, they may be forced to look for immediate short term funds. The Company is not helping much as there is no update on exactly where they are up to... On the positive side is a comment in Europas finals that they have enough cash to fund wressle to first oil, and they only had half a mil cash on the balance sheet a couple of months ago.
Egdon Resources share price data is direct from the London Stock Exchange
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:20220705 13:30:05