theprior
20 Nov 2019
Planning refusal at wressle. Good move, R94, had a little top up myself today. I think the Wressle planning may be already priced in since the local authority put forward no evidence a while ago. But the great unknown is what effect the no fracking stance of the current government. (Which may change in a few weeks time). Basically Egdon is a sound company moving steadily towards profit. And they’ve been around for quite a long time. TP
Ripley94
20 Nov 2019
Planning refusal at wressle. EDR… XXXX Just picked a few more up @ 2.8p ( D ) … just a 20% deal .
Ripley94
08 Nov 2019
Planning refusal at wressle. EDR… XXXX Delay in decision until after "Dec 12th general election but maybe before end of year " Maybe affected by last weekends fracking ban. Could not buy of 3p last few days. IGas And Egdon Shares Down After UK Government Puts Brakes On Fracking from Alliance News | 4th November 2019 11:13 (Alliance News) - IGas Energy PLC on Monday said a new ban on fracking in the UK will not harm its existing licences, though peer Egdon Resources PLC is assessing the impact from the government temporarily halting the controversial drilling practice. Union Jack Oil PLC and Europa Oil & Gas Holdings PLC both said that they do not operate any fracking activities and therefore are unaffected by the measures. Egdon shares were 22% lower at 3.40 pence each in London on Monday morning. IGas shares were trading 9.8% lower at 32.70p apiece. Union Jack shares were 1.2% higher at 0.21 pence each, while Europa was trading 1.4% lower at 2.15 pence apiece. The UK government late last week introduced a temporary ban on fracking after a report by the Oil & Gas Authority found it is not currently possible to accurately predict the probability or magnitude of earthquakes linked to fracking operations. IGas said its production and operating expenditure remains in line with expectations for the full-year. The company added that its entire acreage in the East Midlands of England has 270 trillion cubic feet of natural gas, which it says could satisfy the UK’s gas demand for 19 years. Like IGas, Egdon has a stake in the Springs Road fracking project located in Nottinghamshire. Edgon Managing Director Mark Abbott said: “We will now take some time to review the detail of the OGA report and the government announcement of a temporary moratorium and its implications for our business before reporting to shareholders in due course.†Elsewhere, Egdon said it has signed an exclusivity agreement with a “large internationally recognised exploration and production company†in relation to a farm-out process for its P1929 and P2304 UK offshore licences. Egdon added: "Exclusivity has been granted to the counterparty subject to a definitive farm out agreement or other definitive legal agreement being entered into by January 19, 2020 and completion occurring by April 19, 2020. “Given the exclusivity arrangement, discussions and negotiations with other parties have been suspended and the data room closed while the agreement is in place.†Looking ahead, Egdon said it is confident of securing an extension to its P1929 and P2304 licences which are set to expire at the end of the month. The company will also focus on presenting its case to inspectors during a public consultation in regards to the development Wressle oil field in North Lincolnshire, England. The company’s development proposals were initially refused planning consent in November 2018. The consultation begins on Tuesday and will last up to six days.
theprior
29 Jul 2019
Planning refusal at wressle. So, last week’s rumours turnout to be true. LCC have decided not to oppose the planning appeal. Still got to go to appeal thong in November, but with a much better chance of success. It’s been a long time coming! TP
Ripley94
26 Jul 2019
Planning refusal at wressle. EDR… XXXX Up 38% today ( UJO up as well ) 5.9p
Ripley94
27 Jun 2019
Planning refusal at wressle. EDR… XXXXXX Had a limit in to buy all week @ 4.5p will not lift now rns 7am up 11% above 5p now.
Ripley94
04 Jun 2019
Planning refusal at wressle. EDR… XXXX Been trying to buy @ offer price for two weeks not lifting ( D ) Money in from ophur got them in ( S ) @ 4.98p … higher price had not lifted on ( D ) Removed it .
Ripley94
17 May 2019
Planning refusal at wressle. EDR… XXXX Mail from ( S ) RNS of placing two days ago with OO @ 5p . one for six . Not worth it with them… CA. fee over 10% of offer.
theprior
11 Mar 2019
Sky¿s the limit! IGas report today on its shale discovery at springs rd, good news for Egdon
Bostero
20 Feb 2019
Bad day What a complete shower of s***. This isn’t an investment.
theprior
26 Jan 2019
New application to be heard on 28/11 Ok so now it’s the end of January (almost) and this week EDR had its first planning win for years! Could it be we have finally turned the corner here with WRESSLE? It certainly looks as though the Lincolnshire Authority is getting it up em for a change! This must be the longest fight in history as EDR have tried to comply with the law and adopt all the various reccs from specialists. A steady rise from here please ! TP
Ripley94
29 Nov 2018
Planning refusal at wressle. EDR… XXXX It did not make any difference news they turned it down again yesterday its political now and politics is up in the air .
theprior
22 Nov 2018
Planning refusal at wressle. Yes, they had recc from planning officer but not the specialists I think. Will it make any difference this time? Well, they’ve addressed all the issues so, maybe? TP
Ripley94
22 Nov 2018
Planning refusal at wressle. EDR… XXXX Looks like good news , not sure they had recommendations last time ? The Councillors still turned it down , its up 10 % first thing .
theprior
22 Nov 2018
New application to be heard on 28/11 Wrestle is up for renewed planning decision next week with support from the council’s planning officer and specialist consultants. Let’s see what the councillors can find this time to refuse the application!!! TP
