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As a result of the exercise of share options by an employee, Egdon Resources plc (AIM:EDR) has today issued 77,457 New Ordinary Shares of 1p each. Following this the Company’s issued ordinary share capital will be 221,423,268 ordinary shares.Application has been made for the New Ordinary Shares to the London Stock Exchange, which rank pari passu with the Company’s existing issued ordinary shares, to be admitted to trading on AIM. Dealings are expected to commence on or around 2 September 2016.The above figure of 221,423,268 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company, under the FCA’s Disclosure and Transparency Rules.

Egdon Resources plc (AIM:EDR) is pleased to announce the results of a Competent Person’s Report (“CPR”) prepared by ERC Equipoise Ltd (“ERCE” or “Competent Person”) in relation to UK Onshore (Lincolnshire) licences PEDL180 and PEDL182 in both of which Egdon is operator and holds a 25.00% interest. ERCE has made independent estimates of Reserves and Contingent and Prospective oil and gas Resources that can be ascribed to the 2014 Wressle-1 discovery and the Broughton North Prospect within the licences.ERCE’s letter to Egdon’s Board of Directors summarising the findings of the CPR has been published on the Company’s website (www.egdon-resources.com).Highlights:Wressle

• Gross Mean Discovered Stock Tank Oil Initially In Place (“STOOIP”) of 14.18 million stock tank barrels in aggregate across three reservoir sands (Ashover Grit, Wingfield Flags and Penistone Flags) of which 2.15 million stock tank barrels is classified as discovered (2P+2C).
• Gross 2P oil Reserves (Justified For Development) of 0.62 million stock tank barrels in aggregate identified across two reservoir sands, the Ashover Grit and Wingfield Flags, that form the basis for the initial Field Development Plan that has been submitted to the Oil and Gas Authority (“OGA”) and for which a planning application is currently being considered by North Lincolnshire Council.
• Gross 2P gas Reserves (Justified For Development) of 0.2 billion standard cubic feet will be monetised using on-site power generation with excess power sold into the National Grid.
• Substantial Contingent Resources have also been confirmed in the Penistone Flags reservoir with gross 2C Contingent Resources of 1.53 million stock tank barrels of oil and 2.0 billion standard cubic feet of gas.
• Plans to produce from the Penistone Flags reservoir are expected to be progressed following commencement of production from the Ashover Grit and will include monetisation of the produced gas by pipeline export or electricity generation and export.

Broughton North Prospect

• The Broughton North Prospect is in a fault block immediately to the north-west of the Wressle structure and ERCE has attributed a high Geological Chance of Success of 40% to 49% to the prospect.
• Gross Mean Stock Tank Oil Initially In Place (“STOOIP”) for the Broughton North Prospect is 3.43 million stock tank barrels in aggregate across two reservoir sands (Ashover Grit and Penistone Flags) with Mean Prospective Resources of 0.51 million stock tank barrels of oil plus 0.51 billion standard cubic feet of gas.

The Gross numbers mentioned above are summarised with the net Egdon interests in the following table Gross Volumes Net Volumes attributable to Egdon Oil MMstbGas bcfOil Equiv MMboeOil MMstbGas bcfOil Equiv MMboe2P Ashover Grit and Wingfield Flags0.620.200.650.150.050.162C Penistone Flags1.532.001.860.380.500.47Broughton North Mean Unrisked Prospective Resources 0.510.510.600.130.130.15The interests held in both PEDL180 and PEDL182 are:Egdon Resources U.K. Limited (Operator) 25.00%Celtique Energie Petroleum Limited 33.33%Europa Oil & Gas Limited 33.34%Union Jack Oil plc 8.33% Commenting on the CPR, Mark Abbott, Managing Director of Egdon Resources plc, said:“The CPR has independently confirmed the commercial viability of the Wressle field development with overall oil and gas Reserves and Contingent Resources exceeding our original pre-drill estimates. Subject to receipt of Planning and Permit approvals, we now expect first production from the Ashover Grit at Wressle-1 well at rates of 500 barrels of oil per day (125 bopd net to Egdon) in early 2017, adding material revenue and cash flow for Egdon.The CPR also highlights the significant Contingent oil and gas resource in the Penistone Flags and the low risk Broughton North prospect that has been identified as a near-term drilling candidate within Egdon’s asset portfolio.”View or download ERCE Wressle CPR summary letter

View or Download TR1 - Notification of Major Interest in Shares

Egdon Resources plc (AIM:EDR) is pleased to announce that it has reached agreement to acquire an additional 20% interest in Petroleum Exploration and Production Licence PEDL068 from DESS Energy Limited (“DESS”) bringing our total interest to 68%. Egdon is operator of PEDL068 which is located in the Cleveland Basin of North Yorkshire. This transaction follows DESS’ acquisition of Sterling Resources (UK) Limited’s 47% interest in the licence.As consideration for this acquisition, Egdon will bear DESS’s retained 20% share of ongoing expenditure for the next six months and in addition will accept liability for DESS’s 20% share of the existing abandonment liability for the Kirkleatham site and Kirkleatham-1 well, but not for any future works. Egdon estimate that this transaction will add approximately 1.75 bcf of Best Estimate Contingent and Prospective Conventional Resources to its portfolio.Under a separate transaction, DESS has also sold a 5% interest to existing PEDL068 partner Montrose Industries Limited.The acquisition is subject to approval by the Oil and Gas Authority (“OGA”). On completion of these transactions the interests in PEDL068 will be as follows:Egdon Resources U.K. Limited 60.00%DESS Energy Limited 22.00%Yorkshire Exploration Limited* 8.00%Montrose Industries Limited 10.00%*wholly owned subsidiary of Egdon ResourcesLicence PEDL068, is located in the Cleveland Basin of North Yorkshire and contains the Kirkleatham gas field, which is shut-in pending the potential drilling of a side-track well to target an un-drained portion of the field up-dip from the existing producer well. Planning consent has recently been extended for Kirkleatham and allows for drilling and production from a further two wells at the site. The licence also contains the Westerdale/Ralph Cross gas discovery where planning consent is in place for an appraisal well. Exploration in PEDL068 to date has concentrated on Permian age limestone gas plays but the licence also contains prospectivity in deeper Carboniferous age sandstones.Commenting on the acquisition, Mark Abbott, Managing Director of Egdon said:““This acquisition builds on our existing interest in PEDL068, adding additional resource potential to the Company at low cost and complements our pending award of surrounding licence PEDL259 in the 14th Onshore Licensing Round in what was a highly sought after region.”

View or Download Notification of Major Interest in Shares

Egdon Resources plc (AIM:EDR) announces that its Interim Results for the six months ended 31 January 2016 will be released on Tuesday, 26 April 2016.An analyst briefing will be held at 9.30am on 26 April 2016 at the offices of Buchanan, 107 Cheapside, London, EC2V 6DN.

Egdon Resources plc (AIM:EDR) is pleased to advise that the Oil and Gas Authority (“OGA”) has approved various licence extensions and conversions of licences to new model terms, and the relinquishment of one Egdon operated licence.The OGA has offered holders of existing UK Onshore licences the opportunity to adopt 14^th Round licence terms which allow licensees to nominate areas to be retained in exchange for additional work programmes. Egdon has elected to follow this path on four operated licences and one further non-operated licence where the partnership has also decided to accept the new licensing terms.Cleveland Basin

• The first term of licence P1929 (Egdon 100%) covering UKCS Blocks 41/18 + 41/19 and containing the “A Prospect” has been extended by two years to 19 April 2019 to allow time for Egdon to secure the required permits and to plan and drill a well from an onshore location to appraise this 1966 gas discovery. It has not been possible to complete this process without an onshore licence over the drill-site although this will be addressed by the award of new 14^th Round licences to Egdon, and we currently expect to finalise and submit a planning application to drill when these new licences are confirmed.

East Midlands

• The first six year term for PEDL241 (Egdon 80%) containing the drill-ready North Kelsey oil prospect has been extended by one further year to 30 June 2017. (Egdon Resources UK Limited 80% and Union Jack Oil plc 20%)
• The first term for PEDL253 containing the drill-ready Biscathorpe oil prospect has been extended by one further year to 30 June 2017. (Egdon Resources UK Limited 52.8%, Montrose Industries Limited 35.2% and Union Jack Oil plc 12%)
• PEDL201 has adopted the new 14^th Round licence terms and will continue without further relinquishment. (Egdon Resources UK Limited 32.5%, Celtique Energie Petroleum Ltd 32.5%, Corfe Energy Limited 12.5%, Terrain Energy Limited 12.5% and Union Jack Oil plc 10%)
• PEDL202 has adopted the new 14^th Round licence terms and will continue without further relinquishment. (Egdon Resources UK Limited 100%)
• PEDL209 has adopted the new 14^th Round licence terms and will continue without further relinquishment. (Egdon Resources UK Limited 50%, Blackland Park Exploration Limited 28%, Stelinmatvic Industries Limited 12% and Union Jack Oil plc 10%)

NW England

• PEDL191 has adopted the new 14^th Round licence terms and will continue without further relinquishment. (Egdon Resources UK Limited 100%)

RelinquishmentPEDL237 in the Wessex basin has been relinquished as the partners concluded that the bulk of the prospectivity in the area lay in PL090 surrounding Waddock Cross and that resources should be concentrated on that asset.Non-operated licence changesWe note operator Europa Oil & Gas plc’s announcement that PEDL181 (Egdon Resources UK Limited 25%) in the Humber Basin will continue into its second term following the completion of first term work commitments and partial relinquishment.IGas operated PEDL169 has adopted new 14^th Round terms and will continue without further relinquishment. (IGas 80%, Egdon Resources UK Limited 20%)Commenting on the changes, Mark Abbott, Managing Director of Egdon Resources plc, said:“Following on from the recently announced extension of the Europa operated licence PEDL143 containing the Holmwood prospect, we are pleased to have also been allowed additional time to drill our exciting operated onshore oil prospects at North Kelsey and Biscathorpe, and the offshore “A Prospect” which Egdon estimates may contain recoverable reserves of approximately 160 billion cubic feet of gasIn addition we are pleased to have been able to adopt the new 14^th Round terms for several of our existing licences which will allow us to further evaluate the unconventional resource potential of the retained areasThe relinquishment of PEDL237 isin line with Egdon’s strategy to focus on fewer, high potential areas ”

Egdon Resources plc (AIM:EDR) is pleased to announce that it has reached agreement in respect of a farm-out of an interest in PEDL182 to Union Jack Oil PLC (“Union Jack”, AIM: UJO).Licence PEDL182 is located in Lincolnshire to the immediate north of PEDL180. In May 2013, Union Jack farmed into the Wressle-1 exploration well and earned an 8.33% interest in PEDL180 and that part of the Wressle-1 discovery determined to extend into PEDL182. Under the terms of this new farm-out, Union Jack will earn an 8.33% interest in the remainder of PEDL182 beyond Wressle in return for paying 12.495% of the cost of a future exploration well to evaluate the Broughton North prospect together with associated back costs of £64,000.Upon completion and subject to approval from the Oil and Gas Authority, the interests held in each of PEDL180 and PEDL182 will be aligned and will be:Egdon Resources U.K. Limited 25.00% (Operator)Celtique Energie Petroleum Ltd. 33.33%Europa Oil & Gas Limited 33.34%Union Jack Oil PLC 8.33%Commenting on the transaction, Mark Abbott, Managing Director of Egdon said:“We are pleased to welcome Union Jack as a partner once again following on from their participation in the Wressle discovery, the drilling of the Keddington-5 side-track and the Laughton-1 exploration well in 2016, and the planned Biscathorpe and North Kelsey exploration wells in PEDL253 and PEDL241 respectively.This farm-out helps to optimise the balance of risk and reward for the Company in exploration of the remainder of PEDL182 where geological risks have been greatly reduced following the Wressle discovery in 2014. We believe that aligning the interests of the parties over the entirety of both PEDL180 and PEDL182 will facilitate the development of the Wressle Field and further exploration.”

Egdon Resources plc (AIM:EDR), the UK-based exploration and production company with a primary focus on the hydrocarbon-producing basins of the onshore UK, announces its unaudited interim results for the six months ended 31 January 2016.Overview and HighlightsOperational and Corporate Highlights

• Successful in the 14^th Onshore Licensing Round with the award of nine new licences within Egdon’s core focus areas increasing our acreage by 50% to 211,000 acres
• Decision to proceed with Wressle field development - currently finalising all consent submissions, with anticipated first production later in 2016, subject to receipt of all required consents
• Submission of Springs Road planning application in PEDL139/140 (Egdon 14.5% interest) by operator IGas. Egdon is carried on these initial wells by Total
• Production up 38% to 37,543 barrels of oil equivalent (“boe”) equating to 204 barrels of oil equivalent per day (“boepd”) (H1 2015: 27,232 boe; 148 boepd)
• Positive Holmwood planning decision received (PEDL143), operator Europa making preparations to drill the prospect located immediately to the west of and analogous to the Horse Hill oil discovery
• Farmouts concluded for PEDL005R (Keddington) and PEDL209 (Laughton)

Financial Performance

• Gross oil and gas revenues during the period up 15% to £1.05 million (H1 2015: £0.91 million) despite the significant fall in commodity prices
• Loss for the period of £2.00 million after accounting for impairments at Waddock Cross and the revaluation of the Ceres accrued income (H1 2015: Loss for the period of £1.74 million including losses on disposals/farm-outs and impairments in relation to Waddock Cross, Burton on the Wolds and Kiln Lane)
• The Company has no debt (H1 2015: Nil)
• Net current assets as at 31 January 2016 of £6.06 million (H1 2015: £9.15 million) including cash at bank of £5.26 million (H1 2015: £6.51 million)

Post Balance Sheet Events

• Completed drilling of sidetrack development well at Keddington-5
• Completed drilling of exploration well at Laughton-1 (dry hole) fulfilling earn-in obligation to PEDL209

Commenting on the results, Philip Stephens, Chairman of Egdon said:“Following the 14th Round awards, we have increased our unconventional resources acreage portfolio significantly. Looking forward in 2016,the development of our successful Wressle discovery should materially increase our overall production and we are hopeful that full planning permission will be granted at Springs Road to enable shale gas exploration in the Gainsborough Trough area to begin. Our financial position continuesto be comfortable and we remain optimistic for the future.The coming period will see some other key planning outcomes for the industry with decisions on Cuadrilla’s activities in Lancashire and Third Energy’s in North Yorkshire. On the back of the 14th Round awards, we anticipate the announcement of further exploration activity later in 2016, underlining continued interest in the UK’s unconventional resource prospectivity.View or Download 2016 Interim Results Press Release