• Select licence on map for further information 
  

  PEDL068

  Licences	Operator	Egdon Interest	Area km²	Exploration Targets	Work programme
  PEDL068	Egdon Resources U.K. Limited	68.00%	35.60	Shale and Conventional Exploration	Evaluating future development options at Kirkleatham

  PEDL259

  Licences	Operator	Egdon Interest	Area km²	Exploration Targets	Work programme
  PEDL259	Third Energy Onshore Limited	50.00%	139.09	Shale and Tight Gas Exploration	Commitment in first five years; drill 1 well or drop licence

  PEDL258

  Licences	Operator	Egdon Interest	Area km²	Exploration Targets	Work programme
  PEDL258	Egdon Resources U.K. Limited	100.00%	0.47	Conventional – Purely to secure surface location for Resolution	Commitment in first five years; drill 1 well or drop licence

  PEDL343

  Licences	Operator	Egdon Interest	Area km²	Exploration Targets	Work programme
  PEDL343	Third Energy Onshore Limited	17.50%	110.29	Shale and Tight Gas Exploration	Cloughton Tight Gas Discovery. Commitment in first five years; new 3D, drill 1 well or drop licence KM-8 fracking results will be of interest in future.

  P1929

  Licences	Operator	Egdon Interest	Area km²	Exploration Targets	Work programme
  P1929	Egdon Resources U.K. Limited	100.00%	201.51	Conventional Exploration	Resolution Prospect - upgraded mean prospective gas resource estimated at 337bcf. Offshore well cost comparale with onshore to offshore well and has lower delivery risk (technical & planning). Minimum offshore facility development being considered - gas processing in both cases. Offshore 3D seismic acquisition planned to optimise appraisal drilling programme. Seeking farm-in/technology partner prior to seismic and drilling

  P1241

  Licences	Operator	Egdon Interest	Area km²	Exploration Targets	Work programme
  P1241	Spirit Energy North Sea Limited	10.00%	42.79	Producing Gas field	Operator planning for extended field life. Backout repayment underway. Flow meter installed & Primary Production underway since 2018

  P2304

  P2304

  Egdon Resources U.K. Limited

  100.00%

  164.70

  Conventional Exploration

  Licence contains a mapped extension of the Resolution gas accumulation and an additional proven gas discovery. We will now work to integrate our evaluation of the new licence into our detailed understanding of P1929 with a view to progressing appraisal of the proven gas resources in the combined area.

Egdon Resources has been active in exploration and production in the Cleveland Basin in the North East since 2000 and has drilled several exploration wells and developed the Kirkleatham gas field on PEDL068.  Planned activity on our current licences includes drilling an exploration well on the Resolution prospect in P1929 from onshore to offshore or from an offshore location and further drilling at Kirkleatham. Under the Third Energy operated 14th Round awards activity will include potential appraisal of the Cloughton Tight Gas field and exploration of the new Tees licence surrounding Kirkleatham.

The planned fracking by Third Energy of its KM-8 tight gas discovery may open up an exciting new play in the region when it is finally approved with read through to Cloughton.

Offshore, our non-operated Ceres gas field continues to outperform expectations in late field life with Primary production having resumed in October 2018.  Following an extensive farm-out process, on 4 November 2019 the Company announced that Egdon Resources U.K. Limited has signed an exclusivity agreement  in respect of Licence P1929 and P2304 containing the Resolution and Endeavour discoveries with a large internationally recognised exploration and production company .  Exclusivity has been granted to this company subject to a definitive farm out agreement or other definitive legal agreement(s) being entered into by 19 January 2020 and completion occurring by 19 April 2020.

Onshore

Offshore