Egdon has extensive operated and non-operated acreage  interests in the Gainsborough Trough unconventional gas plays in the East Midlands.

We are the third largest net acreage holder in the Gainsborough Trough play with 82,000 net acres and an estimated  20 TCF of net undiscovered Gas Initially In Place “pre-drill” (“GIIP”) in the shale and further tight gas potential.

This is shown on the map and chart below

These Carboniferous Tight Gas and Shale Gas plays have yet to be drilled by modern wells employing the latest logging and coring techniques.

2018 saw the commencement of unconventional exploration in the play at Tinker Lane which was drilled on the extremities of the play and failed to find the targeted Bowland shale in Q4. However the Tinker Lane well did encounter shales with a high gas content within the Millstone Grit sequence which may be positive for this play elsewhere in the Gainsborough Trough.

Egdon has a carried 14.5% interest in the second and third wells to be drilled at Springs Road operated by IGas Energy plc in 2019 (follow Link to IGas Springs Road Project Site).

Springs Road-1 was spudded by IGas on 22 January 2019

Springs Road-1 Operational Update – Over 250 metre Hydrocarbon Bearing Shale Sequence Encountered 11 March 2019     

A Springs Road core bubbling gas was posted to our Twitter feed and is shown below

Click on images to enlarge

 G1Egdon East Midlands Acreage

 

 G2Cross Section across basin
 G3IGas Springs Road Wellsite Autumn 2018

 Gainsborough Trough acreage 2019 2Gainsborough Trough Acreage Holders 2019

Note: This analysis is based upon the Bowland Shale play only.  Encouraging results from the 2018 Tinker Lane well in the Millstone Grit sequence may render other more proximal licences prospective.

 

SR Wellsite ex IGAS

IGas Springs Road Wellsite March 2018