The Weald Basin of Hampshire, Surrey, Sussex and Kent is one of a series of linked sub-basins which include the Wessex Basin of Dorset, the Channel Basin and the Paris Basin.   Hydrocarbon exploration began in the late 1800's but peaked in the 1980's with the discovery of a number of oil and gas accumulations.  Both oil and gas are currently produced from the Weald Basin.  Egdon has particpated in the Avington oil discovery and is looking to drill the robust Holmwood Prospect in PEDL143.

Egdon's Licences:

• PEDL069 (Sterling Operated) - 33.334% Interest
  
• PEDL070 (Star operated) - 20% interest - 100 km2
• PEDL143 (Europa operated) - 38.4% interest - 80 km2
• PEDL144 (Egdon operated) - 96% interest - 100 km2

Play Types:

• Jurassic Great Oolite carbonate oil play (produces from Stockbridge, Humbly Grove, etc)
• Jurassic sandstone oil/gas play - (produces from Brockham,etc.)

Prospectivity:

• Discovered and tested oil at Avington in PEDL070.  Potentially large structure - uncertainty in recoverable reserves in complex reservoir.  Avington-3z horizontal well drilled in 2007 and currently on test production
• Avington field appraisal and test-production during 2008
  
• Holmwood Prospect in PEDL143
• Numerous additional leads/prospects

Planned Activity:

• Avington - further test production and appraisal drilling
  
• Planning being sought  for exploration well on Holmwood Prospect (PEDL143) - 2007
• Potential Farm-out of PEDL144