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Private: Southern England
PL090PEDL070PEDL143

PL090

Licences Operator Egdon Interest Area km² Exploration Targets Work programme
PL090 (Waddock Cross) Egdon Resources U.K. Limited 55.00% 19.00 Shut-in Oil Field Evaluating future development options, 30mmbbls in place
PL090 Egdon Resources U.K. Limited 42.50% 183.00 Conventional Exploration Finalising 3D interpretation to identify potential drilling locations

PEDL070

Licences Operator Egdon Interest Area km² Exploration Targets Work Programme
PEDL070 IGas Energy 28.00% 18.28 Shut-in Oil Field Operator reviewing production optimisation techniques

PEDL143

Licences Operator Egdon Interest Area km² Exploration Targets Work Programme
PEDL143 UK Oil & Gas Investments 18.40% 92.00 Conventional Exploration a full evaluation of alternative sites from which to target the A24 prospect

Egdon Resources has been active in southern England since 1997 drilling its first exploration well – West Compton-1 in the Wessex Basin in 200. The Waddock Cross discovery was appraised by Egdon in 2004 and 2005, and developed in 2013. This challenging field with a thin oil zone and water drive holds over 30 million barrels of oil in place and is currently shut in whilst we evaluate future development options. Elsewhere in the Wessex Basin we are finalising interpretation of 3D seismic to identify potential drilling locations.

In the Weald Basin Egdon has the shut-in non-operated mature Avington oil field where a new company is set to take over operatorship from IGas and the review production optimisation techniques.

Also in the Weald, in September 2018 the Forestry Comission indicated that is would not renew the lease for the planned Holmwood-1 exploration well where Egdon are carried, which was planned for 2018. Operator UK Oil & Gas Investments and its partners, intends to undertake a full evaluation of alternative sites from which to target the A24 prospect, and other plays in the licence.

Weald Basin

Licences Operator Egdon Interest Area km² Exploration Targets Work Programme
PEDL070 (Avington) IGas Energy 28.00% 18.28 Shut-in Oil Field Operator reviewing production optimisation techniques
PEDL143 UK Oil & Gas Investments 18.40% 92.00 Conventional Exploration a full evaluation of alternative sites from which to target the A24 prospect

Wessex basin

Licences Operator Egdon Interest Area km² Exploration Targets Work programme
PL090 (Waddock Cross) Egdon Resources U.K. Limited 55.00% 19.00 Shut-in Oil Field Evaluating future development options, 30mmbbls in place
PL090 Egdon Resources U.K. Limited 42.50% 183.00 Conventional Exploration Finalising 3D interpretation to identify potential drilling locations