NEW ARTICLE: The Oil Man: Wentworth Resources, Egdon/Union Jack "WTI $63.97 +24c, Brent $69.38 +23c, Diff -$5.41 -1c, NG $3.23 +10cOil rallied a touch yesterday after the previous day's technical drop ahead of the weekend meeting of OPEC and Russia in Muscat. After the close the API stats were very positive ..."[link]
New plan for Wressle Back to the drawing board for a new application to keep Wressle going.EDR not giving up on this site.Good news. TP
Wressle appeal rejected /(TP
North Sea gas licence New acquisition of highly prospective and previously proven acreage. When previously drilled they were looking for oil not gas so left it, as so often happened back in the day.Now gas is more highly valued than it was then and is the preferred discovery type. Cleaner than oil,.safer than oil. Help make Britain less reliant on imported energy. BUY ))TP
Holmwood update Appeal and resubmission for Section 19 (traffic management arrangements)TP
NEW ARTICLE: The Oil Man: Amerisur, Aminex, Union Jack/Egdon "WTI $55.64 +$1.10, Brent $62.07 +$1.45, Diff -$6.43 +35c, NG $2.98 +5cOil was up over a dollar on Friday making the best part of two on the week. Another 50 cent rise this morning is getting people worked up about new highs and even big ..."[link]
RNS Fiskerton Airfield 20% share of Fiskerton sold to UKOG. Share out the risk...good news.TP
Holmwood update Planning permission through. Edr 18%.TP
Operational update Lots going on now, and later in the year.Worth a read.TP
Re: Wressle Malcy also says (after Egdon's latest decision to appeal again):-"Egdon and partners have announced with no great surprise that they are appealing against the recent planning turn down at Wressle, all this huge cost all round is totally unnecessary but the process has to be gone through and it seems that the Councillors in Lincolnshire have money to burn "Glad I'm not paying council tax in Lincolnshire!!TP
Re: Wressle Malcy says;Egdon/Europa/Union JackYou couldnt make it up, only in an English County Council could a planning committee go against the recommendation of its own planning department and refuse an application that had addressed all the concerns previously raised. This means that the Wressle field and its important revenue will be delayed yet again whilst the Councillors raise a toast to their own importance
Re: Wressle Hmm, they turned it down again. Now we wait for the appeal. Strange outcome, considering EDR's history in the area.TP
Wressle Planning meeting due to take place on 3 July. Recommended !Looking good. Rise in sp anticipated today and Monday when successful.TP
EA permit granted Another duck lined up ! ))TP
Re: Planning refusal at wressle. Put another limit buy in Friday @ 7.72 failed ... again this morning @ 8.30 am and it went through @ 7.5 giving them away cheaper might not be a good sign . lol