DukeDosh
04 Jan 2016
RNS - Alkane CEO joins Egdon board This could be regarded bullish considering Alkane's 18% holding.Alkane CEO joins Egdon boardStockMarketWire | Mon, 4th January 2016 - 14
9Egdon Resources has appointed Paul Jenkinson as a non-executive director with immediate effect. Jenkinson is chief executive of Alkane Energy plc, which holds 40,000,000 ordinary shares of Egdon representing approximately 18% of Egdon's issued share capital. As a result of his appointment, Neil O'Brien, who has been Alkane's representative non-executive director on the Egdon board, has resigned with immediate effect.
Ripley94
19 Dec 2015
Re: Gainsbrough. Traveling up from London to spend Christmas there . That's what the nodding donkeys do lol
theprior
18 Dec 2015
Re: Gainsbrough. ???
Ripley94
18 Dec 2015
Gainsbrough. ***
Ripley94
18 Dec 2015
Re: info Got one right... lol
Anchises
17 Dec 2015
Re: Two days Ha ha - "friends and family rally" - spot on DukeDosh.......then lo and behold - an RNS!
theprior
17 Dec 2015
Re: Licensing Round & Insider Dealing Typical iii, no blue blob on news tab. TP
DukeDosh
17 Dec 2015
Licensing Round & Insider Dealing Our UK 14th Onshore O&G Licensing Round 2nd Tranche RNS came out at 13.25 today![link] we had another RNS at 15.32, Mark Abbott MD bought 150K @ 9.875 on the open market (as can be seen in todays trades). He now holds 7,813,824 shares. That's a fair bit of skin in the game and earns a rare Strong Buy flag from me.[link]
theprior
17 Dec 2015
Re: 14th onshore O&G licensing round Thanks DD, RNS tomorrow then !TP
DukeDosh
17 Dec 2015
Re: 14th onshore O&G licensing round The blocks to be offered to Egdon in the second Tranche are:East Midlands - Gainsborough Trough-- SE31c : Egdon 15%, joint venture with Island Gas Energy PLC ("IGas"
(35%, operator) and Total E&P UK Limited ("Total" (50%), adjoins SE41e offered to the partnership in the first Tranche.-- SK59b : Egdon 15%, joint venture with IGas (35%, operator) and Total (50%), adjoins SK49 offered to the partnership in the first Tranche.East Midlands - Humber Basin-- TA30, TF39b : Egdon 37.5% and operator, joint venture with Celtique Energie Petroleum Limited (37.5%) and Petrichor Energy UK Limited (25%).-- TF38c : Egdon 75% and operator, joint venture with Terrain Energy Ltd (15%) and Nautical Petroleum Ltd (10%), adjoins PEDL005(R) and contains a portion of the Louth prospect. As part of the farm-out announced in July 2015 Egdon will transfer a 10% interest in this block to Union Jack Oil plc subject to OGA consent.Cleveland Basin-- NZ51, NZ52b, NZ52c : Egdon 33.333%, joint venture with Third Energy Onshore Limited (33.334%,operator) and Celtique Energie Petroleum Limited (33.333%), surround part of PEDL068 in Teeside which contains the Kirkleatham gas field.-- SE99a, TA09 : Egdon 17.5%, joint venture with Third Energy UK Gas Limited (20.0%, operator), Europa Oil & Gas Limited (22.5%), Shale Petroleum (UK) Limited (22.5%), Petrichor Energy UK Limited (12.5%), and Arenite Petroleum Limited (5.0%), contain the Cloughton tight gas discovery (Bow Valley, 1986) ca. 10km north of Scarborough, also cover part of the site from which Egdon plans to drill a well to test the offshore "A" Prospect gas discovery (Total, 1966).-- NZ90 : Egdon 100%, adjoins SE99a above, covers part of the site for the "A" Prospect well.Commenting on the 14(th) Round offers, Mark Abbott, Managing Director of Egdon Resources plc, said:"We are delighted with this outcome in what has been a very competitive Licensing Round. The blocks we have been offered in the 14(th) Round overall will provide further significant opportunities to grow our business and will be excellent additions to Egdon's portfolio of UK exploration and development assets. The award of NZ90A and SE99A in the Cleveland Basin means we can now also push ahead with the consenting process for the proposed well to test the considerable potential of the offshore "A" Prospect.As an established operator with a strong licence holding, we are encouraged by the high level of interest shown in the UK Onshore and are pleased that our good reputation and partnering strategy in the 14(th) Round helped us to secure these new licences. We look forward to progressing our evaluations of the new acreage whilst continuing to engage with local stakeholders, and will update shareholders in due course."
DukeDosh
17 Dec 2015
14th onshore O&G licensing round 17/12/2015 12:32 pmOGA says 159 onshore blocks offered in 14th Onshore Oil and Gas licensing roundIndustry regulator the OGA (Oil and Gas Authority) said 159 onshore blocks under the 14th Onshore Oil and Gas licensing round have been formally offered to successful applicants.[link]
DukeDosh
17 Dec 2015
Re: Two days Could also be a "friends and family" rally ahead of the official announcement perhaps.
theprior
17 Dec 2015
Two days Of price rises. Very significant but, on no company news. So, what's going on ?Can it just be the support for fracking ??Takes us back to where we were a tear ago !Regards, TP
Ripley94
08 Dec 2015
Re: info UJO holding so got in here on drop.
dabba
25 Nov 2015
Re: info I can only see the sp at current levels as a major buying opportunity, alternatively private shareholders taken for a ride if the company is bought out at wet below market value. Trading is at low volume which shows Egdon just isn't on anyone's radar as a buy. I'm sure that will change .?
