Egdon Resources plc (AIM:EDR), the UK-based exploration and production company with a primary focus on the onshore UK, announces its unaudited interim results for the six months ended 31 January 2018 (‘the period’). (Read more…)

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Egdon Resources plc (AIM:EDR) announces that Paul Jenkinson is to step down from his role as a non-executive Director of the Company with immediate effect. This follows his resignation from the board of Alkane Energy Ltd (“Alkane”) following its acquisition by Infinis Energy Management Limited.  Alkane holds 40,000,000 shares in Egdon Resources plc constituting a 15.39% shareholding

Commenting on Paul’s resignation, Philip Stephens, the Chairman of Egdon Resources said:

“On behalf of the Board I would like to offer my thanks to Paul for his contribution to Egdon over the last two years”.

Egdon Resources plc (AIM:EDR) advises that its application to extend to December 2020, the existing planning permission to drill an exploratory conventional oil well (North Kelsey-1) on farmland off Smithfield Road, North Kelsey, Brigg, Lincolnshire was deferred at today’s meeting of the Lincolnshire County Council Planning Committee. A decision will be taken once the Planning Committee has undertaken a site visit.

Commenting on the meeting outcome, Mark Abbott, Managing Director of Egdon Resources plc, said:

“Today’s deferral is frustrating given the strong case presented and the positive recommendation of Lincolnshire County Council’s Planning Officer in respect of the application. We will provide an update once we know when Egdon’s application will be heard at Lincolnshire County Council’s Planning Committee Meeting.”

Egdon Resources plc (AIM:EDR) announces that its Interim Results for the six months ended 31 January 2018 will be released on Tuesday, 17 April 2018.

An audiocast of the Results Presentation will be available on the Company’s website from 7am GMT on 17 April 2018.