Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Egdon Resources Plc    EDR   GB00B28YML29

EGDON RESOURCES PLC

(EDR)
  Report  
Delayed Quote. Delayed London Stock Exchange - 05/24 03:52:23 am
5 GBp   -3.85%
05/17EGDON RESOURCES : To raise funding
AQ
05/16EGDON RESOURCES PLC : RIGHTS ISSUE: 1 new share @ 0.05 GBP for 6 existing shares
FA
04/30EUROPA OIL & GAS : Wressle Planning Inquiry Date
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Egdon Resources : Biscathorpe Update

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/07/2018 | 09:40am EDT

At today's Egdon Resources plc (AIM: EDR) Annual General Meeting a new company presentation will be given ('AGM Presentation') containing updates and further detail of the Biscathorpe-2 well.

Of note are: Following completion of site construction - expected in early December 2018 - we will mobilise a conductor rig to set surface casing (the conductor).

We expect to mobilise the drilling rig immediately in early January 2019 with well completion expected in mid-February 2019.

The AGM Presentation includes further details on the Biscathorpe Prospect including the estimated range of Prospective Resources, a cross section and a comparison with the geology of the Reepham field some 20km south west of Biscathorpe, just to the west of our Fiskerton Airfield producing oil field.

At the Reepham oilfield, the Basal Westphalian sandstone reservoir thickens dramatically off a 'structural high' over a very short distance and a similar development of the target reservoir is expected at Biscathorpe-2.

Mark Abbott, Managing Director of Egdon Resources plc, said: 'We look forward to spudding the exciting and potentially significant Biscathorpe-2 well early in the new year into one of the largest remaining undrilled onshore UK oil prospects where stratigraphic trapping - if present - could lead to significant upside for oil resources'

Contact:

Tel: 01256 702292

(C) 2018 Electronic News Publishing, source ENP Newswire

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on EGDON RESOURCES PLC
05/17EGDON RESOURCES : To raise funding
AQ
05/16EGDON RESOURCES PLC : RIGHTS ISSUE: 1 new share @ 0.05 GBP for 6 existing shares
FA
05/02EGDON RESOURCES : Announces Update on Wressle Planning Inquiry
AQ
04/30EUROPA OIL & GAS : Wressle Planning Inquiry Date
AQ
04/29EGDON RESOURCES : Wressle Planning Inquiry Date
AQ
04/29EGDON RESOURCES : Wressle Planning Inquiry Date
PU
04/16EGDON RESOURCES : Board Changes
AQ
04/15EGDON RESOURCES : Board Changes
PU
04/10EGDON RESOURCES : Confident over Wressle and Shale as Production Rises
AQ
04/09EGDON RESOURCES : Announces Results of CPR on the Resolution Gas Discovery Offsh..
AQ
More news
Financials (GBP)
Sales 2019 2,33 M
EBIT 2019 -1,06 M
Net income 2019 -1,99 M
Finance 2019 0,65 M
Yield 2019 -
P/E ratio 2019 -
P/E ratio 2020
EV / Sales 2019 6,50x
EV / Sales 2020 4,86x
Capitalization 15,8 M
Chart EGDON RESOURCES PLC
Duration : Period :
Egdon Resources Plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends EGDON RESOURCES PLC
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 2
Average target price 0,32  GBP
Spread / Average Target 517%
EPS Revisions
Managers
NameTitle
Mark Anthony William Abbott Managing Director & Director
Philip Henry Peter Stephens Non-Executive Chairman
Martin Durham Director & Technical Director
Walter Rookehurst Roberts Secretary & Non-Executive Director
Kenneth Maurice Ratcliff Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
EGDON RESOURCES PLC-27.07%20
CNOOC LTD7.89%75 739
CONOCOPHILLIPS-4.57%71 258
EOG RESOURCES INC.1.88%53 918
OCCIDENTAL PETROLEUM CORPORATION-14.01%39 473
ANADARKO PETROLEUM64.94%36 308