UK Energy Business
Egdon is a UK focused energy business with an established and respected oil and gas exploration and production business and is developing opportunities for energy storage, hydrogen, geothermal and renewable generation.
To provide locally derived, secure, affordable, and sustainable energy to meet the UK’s evolving energy needs
Net zero carbon
emission by 2050
The Company’s strategy takes account of the challenges and opportunities presented by the UK’s move to Net Zero carbon emissions by 2050. This, taken together with the wider economic, political and operating environment which has seen a renewed focus on indigenous energy supplies.
Our strategy has been updated as follows:
The Board has updated the Company’s strategy to take account the opportunities and challenges presented by the wider economic and political environment and the UK’s move to Net Zero carbon emissions by 2050. We have updated the Company’s strategy as follows;
Maintain geographical focus on the UK
Focus on growth in production and revenue through conventional production, appraisal and exploration projects
A near term focus on developing low carbon energy transition projects utilising Egdon's exisiting assets, knowledge of UK Onshore geology and core technical skills and operating experience.
Maintain and explore our significant portfolio of unconventional resources assets with the lifting of the fracking moratorium