PEDL201

RNS Number : 5953I

Egdon Resources PLC

02 June 2014

 



 2 June 2014                                                                                      

EGDON RESOURCES PLC

("Egdon" or "the Company")

PEDL201

Egdon Resources plc (AIM:EDR) notes the announcement made today by Union Jack Oil plc ("UJO") of the

results of a resource assessment commissioned from Molten Limited by UJO in respect of the shale potential of the northern parts of PEDL 201.  

Egdon has a 32.50% interest in, and is operator of PEDL 201.

For further information please contact:

Egdon Resources plc

Mark Abbott, Jerry Field                                                                                       01256 702292

Buchanan

Richard Darby, Gabriella Clinkard                                                                    020 7466 5000

Nominated Adviser and Broker - Cantor Fitzgerald Europe

David Porter, Tom Sheldon (Corporate Finance)                                          020 7894 7000

Richard Redmayne (Corporate Broking)

Joint Broker - VSA Capital Limited

Andrew Monk, (Corporate Broking)                                                                  020 3005 5000

Andrew Raca (Corporate Finance)

Notes to Editors:

Egdon Resources plc (LSE: EDR) is an established UK-based exploration and production company primarily focused on onshore exploration and production in the hydrocarbon-producing basins of the UK and France. 

Egdon currently holds interests in twenty seven licences in the UK and France and has an active programme of exploration, appraisal and development within its balanced portfolio of oil and gas assets.  Egdon is an approved operator in both the UK and France.

Egdon was formed in 1997 and listed on AIM in December 2004.

In accordance with the AIM Rules - Note for Mining and Oil and Gas Companies, the information contained in this announcement has been reviewed and signed off by the Managing Director of Egdon Resources plc Mark Abbott, a Geoscientist with over 26 years' experience.

 

END

 

 

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