The Directors of Egdon Resources plc are pleased to announce that at the Annual General Meeting held at the offices of Norton Rose Fulbright on 7 December 2017, all resolutions put before shareholders at the meeting were duly passed.

 Annual General Meeting Voting Results and Proxy Appointments 2017

At the meeting, Managing Director Mark Abbott presented a review of the business. The presentation will be available and can be accessed from the Company's website: www.egdon-resources.com. 

Egdon Resources plc (AIM:EDR) is pleased to announce the acquisition of 100% interest in Promote Licence P2304 (UKCS Block 41/24) from Arenite Petroleum Limited (“Arenite”) and Europa Oil & Gas Limited (“Europa”). P2304 is located to the immediate south of Egdon’s 100% owned licence P1929 (UKCS Blocks 41/18 and 41/19) offshore North Yorkshire, which contains the 1966 Resolution gas discovery.The consideration comprises the immediate reimbursement of the 2017 licence rental, OGA Levy and vendors’ legal costs (c. £15,000 in total) and future staged payments contingent on the successful completion of various potential exploration activities and/or on reaching certain production milestones.The Resolution discovery structural closure is mapped by Egdon as extending southwards from P1929 into P2304 and the licence also contains a second gas discovery confirmed by wells, 41/24A-1 (1969, Total), 41/24A-2 (1981, Total), and 41/24-3 (1993, Conoco) which tested at rates of up to 34 million cubic feet of gas per day and 1280 barrels per day of condensate from the Plattendolomit, a Zechstein carbonate unit slightly younger than the Hauptdolomit reservoir tested in the Resolution discovery well. As with P1929, P2304 contains additional prospectivity in deeper gas bearing Carboniferous sandstones underlying the proven Zechstein reservoir sequences.P2304 was awarded to Europa and Arenite as a Promote Licence in the UK Offshore 28^th Licensing Round with an effective date of 1 December 2015, and the OGA has agreed to extend the Initial Term of the Licence until 1 December 2018. The transfer of interests in P2304 from Europa and Arenite to Egdon is subject to OGA approval.Commenting on the acquisition, Mark Abbott, Managing Director said: “We are pleased to have acquired this highly prospective acreage at a nominal up-front consideration. The 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.”Consideration DetailsThe contingent elements of the consideration comprise:

• On completion of the acquisition of a 3D survey over any part of the Licence (other than a third party survey to which neither the P2304 Licensees nor the licensees of the P1929 licence have access) a cash payment of fifty thousand Pounds (£50,000).
• On completion of the drilling of the first well located wholly or partly within the area covered by the Licence a cash payment of one hundred thousand Pounds (£100,000).
• On first production, other than testing, from any well located wholly or partly within the area covered by the Licence a cash payment of one hundred thousand Pounds (£100,000).
• On reaching a total production of five billion standard cubic feet of gas (5 bcf) (or oil equivalent) from any wells located wholly or partly within the area covered by the Licence a cash payment of two hundred thousand Pounds (£200,000).
• On reaching a total production of twenty billion standard cubic feet of gas (20 bcf) (or oil equivalent) from any wells located wholly or partly within the area covered by the Licence a cash payment of one million Pounds (£1,000,000).

Egdon Resources plc (AIM:EDR) notes the release made this morning by Europa Oil and Gas (Holdings) plc (“Europa”) in respect of PEDL143 where Egdon holds an 18.4% interest. Europa included the following statements;“Europa Oil & Gas (Holdings) plc, the AIM traded Ireland and UK focused oil and gas exploration, development and production company, is pleased to provide a planning update regarding the Holmwood oil exploration prospect (‘Holmwood’) on licence PEDL 143 at Bury Hill Wood, Coldharbour Lane, Surrey. Europa is operator of PEDL 143 in which it holds a 20% interest. As previously advised in the Company’s announcement of 19 October 2017, Surrey County Council’s Planning and Regulatory Committee met on 18 October 2017 in connection with a conventional oil exploration well to test the Holmwood prospect. The Committee resolved to defer a decision on Condition 19 (Construction Traffic Management Plan) of the planning permission granted on 7 August 2015. Europa considers that the Construction Traffic Management Plan as submitted to SCC on 21 September 2017 for approval satisfactorily meets the requirements of Condition 19. Europa will shortly submit an appeal (‘the Appeal’) to the Planning Inspectorate against the refusal of Surrey County Council to approve the Construction Traffic Management Plan and discharge Condition 19.Europa will also resubmit the Construction Traffic Management Plan to SCC for their consideration (‘the Resubmittal’). In parallel with this Europa will undertake additional consultations with Parish Councils and residents of Coldharbour Lane to provide further information regarding the Traffic Management Plan.The Resubmittal and the Appeal form part of a dual track approach that Europa and its partners believe provides the best opportunity for a successful planning outcome and which will enable the discharge of Condition 19.”

Egdon Resources plc (AIM:EDR) is pleased to announce the sale of a 20% interest in the recently acquired producing Fiskerton Airfield oil field in Lincolnshire licence EXL294 to Union Jack Oil plc (“Union Jack”).The cash consideration for the 20% interest is approximately £137,000. In addition, Union Jack will wholly fund re-processing of the 3D seismic dataset at a gross cost of £35,000. The combined consideration and carry is equivalent to approximately £165,000 (or approximately $218,000).The effective date of the agreement is 3 November 2017 and Union Jack will receive 20% of all production revenues from Fiskerton from that date. Completion of the acquisition is subject to Oil and Gas Authority approval.Following completion of the transaction the interests held in EXL294 will be:Egdon Resources U.K. ltd 80%Union Jack Oil plc 20%On 10 July 2017 Egdon Resources U.K. Limited (or “the Company”) announced the acquisition of a 100% interest in, and operatorship of the Fiskerton Airfield oil field from Cirque Energy (UK) Ltd (“Cirque”) for a cash consideration of $750,000. This acquisition completed on 27 October 2017.Commenting on the sale, Mark Abbott, Managing Director of Egdon Resources plc, said:“We are pleased to welcome Union Jack as a partner on the Fiskerton Airfield Oil Field.  We have elected to sell a minority interest in the field to manage our overall financial exposure to the asset going forward and to enable evaluation of the up-side at minimal cost through the carried seismic reprocessing. As we stated back in July 2017 the field has suffered from a lack of investment over recent years and we plan to undertake simple low-cost workovers to enhance production and profitability in the short-term, adding valuable near-term cash-flow to Egdon’s portfolio. In the longer term, the reprocessed 3D seismic will inform our views on the potential to enhance productivity through in-fill drilling.”

Egdon notes that INEOS Upstream Limited ("INEOS") has recently completed its acquisition of Total E&P Limited’s (“Total”) interests in certain UK onshore licences held jointly with Egdon in Gainsborough Trough area.There is no change to Egdon’s financial position or equity interests resulting from this transaction. Total's obligations to carry Egdon in respect of PEDL 139 and 140 have been taken over by INEOS in full.Following completion of the acquisition the new equity interests in the licences are as outlined in the table below:LicenceRegion Equity interests post transactionOperatorPEDL 139North NottinghamshireIGas 32%, INEOS 40%, Egdon 14.5%, ECorp 13.5%IGasPEDL 140North NottinghamshireIGas 32%, INEOS 40%, Egdon 14.5%, Ecorp 13.5%IGasPEDL 273YorkshireIGas 35%, INEOS 30%, Total 20%, Egdon 15%IGasPEDL 305YorkshireIGas 35%, INEOS 30%, Total 20%, Egdon 15%IGasPEDL 316LincolnshireIGas 35%, INEOS 30%, Total 20%, Egdon 15%IGasINEOS has also acquired from Total, Opt-In rights to Egdon’s operated licence PEDL209, as announced in April 2017, and the associated carry of £13.47m (£4.85m net to Egdon’s 36% interest if the option is exercised).Commenting on the deals, Mark Abbott, Managing Director of Egdon Resources plc, said:“INEOS has made verysubstantial commitments to UK shale exploration and Egdon looks forward to working with INEOS in PEDL139/140. Equally we are pleasedto welcome INEOS into our 14th Round licencesandalsotoPEDL209shouldINEOSexerciseitsoptionto participate.We now look forward to the drilling of Springs Road-1 in 2018and further proof of concept exploration across the play in Egdon’s core area of Gainsborough Trough.”Historical Total Deals with Egdon Resources et alIn January 2014, we announced two highly significant deals with Total, the first international major to take a position in UK shale-gas. The first was a farm-in by Total to licences PEDL139/140 where they will earn a 40% interest through a carried work programme of up to c. £28 million ($46.5 million) with a minimum commitment of c. £12 million. As a result of this and other linked transactions Egdon now holds a 14.5% interest in the licences, up from 13.5% previously, and received c. £0.37 million in cash in 2014 under inter-party agreements.The second was a Farm-in Option Agreement in respect of PEDL209, whereby Total had an option, exercisable until 31 December 2015, to earn a fifty per cent interest in the licence by paying for an exploration programme of £13.47 million. Egdon received a cash payment of £0.92 million and retained the exploration rights at Laughton-1 (2016 dry hole) and two other prospects, all of which are purely conventional and were excluded from the option. In April 2017 Egdon entered into a new Opt-In Agreement with Total on PEDL209. Under the terms of the agreement, Total has an option to farm-in to unconventional resources exploration in PEDL209, exercisable until 31 December 2018 and to earn a 36% interest in the licence by paying Egdon’s remaining 36% (together with Total’s own 36% interest) of an exploration programme of up to a gross £13.47 million which would include seismic acquisition and the drilling of a well.These transactions were intended to deliver a significant work programme designed to de-risk the Gainsborough Trough Bowland-Hodder shale-gas play. Since signature, we have completed 3D seismic acquisition over parts of PEDL139/140 and the operator completed a period of community engagement ahead of planning and permitting work culminating in the receipt of planning permission for Springs Road 1 & 2 wells in November 2016. 

Egdon Resources plc (AIM: EDR), a UK-based exploration and production company primarily focused on the hydrocarbon-producing basins of onshore UK, today announces its audited results for the year ended 31 July 2017.Operational and Corporate Highlights

• Successful placing and open offer to raise £5.06 million before costs in November 2016

• Planning consent granted to operator IGas to drill up to two exploratory wells at Springs Road, North Nottinghamshire (Egdon 14.5% interest) - Egdon is carried on these initial wells
• ERC Equipoise reported an independent assessment of the undiscovered gas initially in place (“GIIP”) in ten previously unassessed licences resulting in a total mean volume of 50.9 trillion cubic feet (“TCF”) of gas net to the Company
• Issue of the Wressle Environmental Permit variations. Submission of the appeals against the January and July planning refusals which have been co-joined and will be considered at an appeal hearing in November 2017
• Acquisition of additional interests in PEDL068, PEDL201, PEDL306 and PEDL334
• Acquisition of a 50% interest in PEDL278 containing the Kirk Smeaton tight gas discovery and further unconventional resources potential
• Acquisition of an additional 12% interest in PEDL209 (deep) and signature of a new option agreement with Total which, if exercised, includes a carried work programme valued at up to £4.85 million to Egdon
• Acquisition of the Fiskerton Airfield producing oil field (EXL294) in the East Midlands for a cash consideration of US$750,000
• Completion of the Company’s exit from France

Financial Highlights

• Oil and gas revenues during the period of £1.04 million (2016: £1.59 million)
• Loss for the period of £1.70 million for the year ended 31 July 2017 after net write downs and impairments of £0.19 million (2016: loss of £2.69 million after net write downs and impairments of £0.72 million)
• Basic loss per share of 0.68p (31 July 2016: basic loss per share of 1.21p)
• Cash at bank of £6.06 million as at 31 July 2017 (31 July 2016: £2.68 million)
• Net current assets as at 31 July 2017 of £6.40 million (31 July 2016: £4.18 million)
• Net assets as at 31 July 2017 of £32.70 million (31 July 2016: £29.43 million)

Commenting on the results, Philip Stephens, Chairman of Egdon said;“In a period of further progress, we were pleased to complete an equity cash raising of £5.06 million in November 2016, which has significantly strengthened our balance sheet. An independent evaluation of the net gas in place for our unconventional resources has given a figure of 50.9 TCF, which shows an increase of 180% over the estimate made two years ago.  Our conventional resources portfolio contains a number of very attractive prospects, the value of which we are looking to progress in the next 12 to 18 months.” View or DownLoad 2017-10-31 EDR Preliminary Results FinalView or Download Egdon AGM Proxy Form 2017 

Egdon Resources plc (AIM:EDR) is pleased to announce the completion of the acquisition of the producing Fiskerton Airfield oil field in Lincolnshire licence EXL294 announced 10 July 2017.Egdon Resources U.K. Limited (or “the Company”) has acquired a 100% interest in, and operatorship of the Fiskerton Airfield oil field from Cirque Energy (UK) Ltd (“Cirque”) for a cash consideration of $750,000.The effective date of the acquisition is 1 January 2017. The field sales averaged 16 barrels of oil per day (“bopd”) in the second half of the recently closed Egdon financial year (February-July 2017) the field having been shut in for repairs during January 2017.The field is currently producing circa 16 bopd from one of two production wells (FA-3).Egdon plans to enhance the cash flows and profitability of the operation by increasing production initially to between 30 and 40 bopd via low cost well interventions. During the next few months it is planned to workover both the currently producing FA-3 and the shut-in FA-1 wells by installing new tubing, pumps and isolating water producing zones.

View or Download TR-1 Notification of Major Holdings

Fulfilment of Planning Conditions for Holmwood well in the Weald BasinEgdon Resources plc (AIM:EDR) notes the release made this morning by Europa Oil and Gas Holdings) plc (“Europa”) in respect of PEDL143 where Egdon holds an 18.4% interest. Europa included the following statements;“Europa Oil & Gas (Holdings) plc, UK and Ireland focussed exploration, development and production company notes the outcome of the Surrey County Council Planning and Regulatory Committee meeting on 18 October 2017 in connection with a conventional oil exploration well to test the Holmwood prospect at Bury Hill Wood, Coldharbour Lane, Surrey:

•  A planning application for a security fence for the drill site was approved by Surrey County Council (‘SCC’) at the Planning and Regulatory Committee meeting on 18 October 2017.
•  The Planning Committee elected to defer a decision on Condition 19 (Traffic Management Scheme) pending response to further requests for information from the Planning Committee.

 Europa will consult with its joint venture partners and advisers and respond to SCC on Condition 19 accordingly.  As a consequence of the deferred decision on Condition 19, the Company advises that it anticipates operations to drill the Holmwood conventional oil exploration well will now commence in H1 2018. Europa is operator of the Licence in which it holds a 20% interest, alongside UK Oil & Gas Investments plc 30%, Egdon Resources plc 18.4%, Angus Energy plc 12.5%, Warwick Energy 10%, Union Jack Oil plc 7.5% and Altwood Petroleum 1.6%.” ENDS

Egdon Resources plc (AIM:EDR) announces that its Preliminary Results for the year ended 31 July 2017 will be announced on Tuesday, 31 October 2017.An analyst meeting will be held at 9.30am on 31 October 2017 at the offices of Buchanan, 107 Cheapside, London, EC2V 6DN.

TR1 - EGDON RESOURCES PLC - 21 09 17

Egdon Resources plc (AIM:EDR) the UK-based exploration and production company with a focus on the hydrocarbon-producing basins of the onshore UK is pleased to provide shareholders with an update on the Company’s licence portfolio and operations.The Company has a broad and extensive portfolio of projects and the last quarter has seen progress on a number of our strategic objectives. Of note are;

• Acquisition of a 50% interest in PEDL278 containing the Kirk Smeaton tight gas discovery and further unconventional resources potential
• Acquisition of an additional 20% interest in PEDL209 (deep) and signature of a new option agreement with Total with, when exercised, a carried work programme valued at up to £4.85 million to Egdon
• Progress with the consents for the Springs Road wells with drilling now expected later in 2017
• Acquisition of the Fiskerton Airfield (EXL294) producing oil field in the East Midlands which adds production from the effective date of 1^st January 2017
• Issue of the Wressle Environmental Permit variations and submission of the appeals against the January and July planning refusals which have been co-joined and will be considered at an appeal hearing expected in November 2017
• Completion of the Company’s exit from France with the relinquishment of the Pontenx permit and withdrawal from the Mairy permit.

Commenting on the update and outlook, Mark Abbott, Managing Director of Egdon Resources plc, said:“We are pleased to provide shareholders with this operational update ahead of a potentially transformational period for the Company and the onshore UK E&P business with significant news flow expected in both conventional and unconventional resources exploration.The fundamentals of the business remain robust with the Company being debt free, holding a range of assets with excellent potential for both conventional and unconventional resources in a jurisdiction which remains commercially attractive even with current commodity prices, and with a strong balance sheet allowing us to deliver on our strategy. We remain committed to, and optimistic about, obtaining planning consent for the development of the Wressle oil discovery and look forward to the planning appeal in early November and the decision, which is likely early in 2018.In the meantime we plan to workover the newly acquired Fiskerton Airfield wells to increase production and expect the Holmwood-1 well to be drilled in the Weald with potential exposure to the Kimmeridge Limestone play which is due to be tested at the nearby Brockham oilfield and Horse Hill and Broadford Bridge discoveries. We look forward to commencement of operations at Springs Road-1, the potentially play opening Gainsborough Trough exploration well where Egdon’s costs are carried, later in 2017. This well along with the Tinker Lane well to the south and other UK drilling and testing activity will potentially provide the data required to de-risk our core area for unconventional resources.”Unconventional ResourcesOver the past three years Egdon has successfully increased its unconventional resources acreage position in Northern England by 360% to c. 201,000 net acres (814 net km²) through a series of targeted acquisitions, farm-ins and success in the 14^th Round.The second half of 2017 is expected to see significant activity in this sector of our business with the planned drilling, hydraulic fracturing and testing of two horizontal wells at Preston New Road by Cuadrilla, hydraulic fracturing and testing operations by Third Energy at Kirby Misperton-8 (“KM-8”) and 3D seismic acquisition by INEOS in the East Midlands including over parts of Egdon’s PEDL001 and PEDL130 licences. In relation to our own licence activity, the operator IGas has advised that it intends to drill the potentially play opening Gainsborough Trough exploration well Springs Road-1 (PEDL140, Egdon 14.5% carried) later in 2017. This is a key well for Egdon as it is located in our core area for unconventional resources. The well will drill a thick Lower Carboniferous tight sand and shale sequence and will be extensively logged and cored to provide a full suite of modern data with which to evaluate the play properly.We have made considerable progress on our operated and non-operated 14^th Round licences since award. Work to date has included extensive cuttings sampling and analysis and integration with petrophysical models, the acquisition and interpretation of new gravity data, and the reprocessing and interpretation of existing seismic data. These studies will support the planning for additional seismic acquisition on several licences expected during 2018 and in planning exploration wells in future years.There is currently significant interest in the Carboniferous tight gas sandstone plays of the Cleveland Basin and Southern North Sea with a well at present being drilled offshore by BP at Ravenspurn North. Later in 2017, Third Energy will test KM-8 onshore with potential read through to the neighbouring Cloughton gas discovery (Egdon 17.5%) and Resolution Prospect (Egdon 100%).Elsewhere, we note that IGas has applied for planning permission to test gas shows in the Pentre Chert in the 2014 Ellesmere Port-1 exploration well. This well is located very close to PEDL191 (Egdon 100%). This possibly extensively naturally fractured chert is a newly identified potential gas play.Conventional Resources Exploration and Appraisal:Egdon’s next drilling activity is likely to be the Holmwood-1 conventional exploration well in Weald Basin licence PEDL143 (Egdon 18.4%) where the operator, Europa Oil and Gas (“Europa”), has advised that they expect to commence operations later in 2017 once all final approvals are in place. In addition to targets in the Portland and Corallian sandstones, where the operator has estimated mean prospective resources of 5.6 mmbls of oil (“mmbo”) (net Egdon 1.03 mmbo), the well will also test the highly prospective Kimmeridge Limestone play. The Horse Hill-1 well (UK Oil and Gas Investments plc (“UKOG”)) is located some 8 kilometres to the east of Holmwood in a similar structural position and tested 323 barrels of oil per day (“bopd”) from the Portland Sandstone and 1,365 bopd in total from two intervals in the Kimmeridge Limestone. Egdon is largely carried on the Holmwood-1 well by UKOG. Over the next few months extended well tests at Horse Hill and Brockham (Angus Energy plc) and testing at Broadford Bridge (UKOG) will provide further insights into the commerciality of the Kimmeridge Limestone play and its potential at Holmwood.The Oil and Gas Authority (“OGA”) has granted Egdon licence extensions for both PEDL253 (Biscathorpe) and PEDL241 (North Kelsey) to 30 June 2018. In July Egdon announced the issue of the environmental permits required for the operated Biscathorpe-2 exploration well in Lincolnshire licence PEDL253. The Biscathorpe Prospect is estimated by Egdon to hold mean prospective resources of 14.0 mmbo (Egdon 7.4 mmbo) but could be significantly larger if a stratigraphic trapping mechanism enhances the prospect’s westerly closure. Drilling operations at Biscathorpe-2 are expected to commence early in 2018.We also continue to pursue partnership opportunities for the North Kelsey Prospect in Lincolnshire licence PEDL241 where we estimate mean prospective resources of 6.5 mmbo (Egdon 5.2 mmbo) in stacked reservoir targets, and hope to drill the well by mid-2018.Egdon has made continued progress with the Resolution Prospect (160bcf, Egdon 100%) in UK offshore licence P.1929. Following the interpretation of reprocessed seismic data, we now plan to acquire a new 3D seismic survey during 2018 to confirm the potential resource volumes and enable optimisation of the planning for an offshore appraisal well. Egdon is seeking an industry partner and/or investors to share the forward costs. The 3D survey will also assist in understanding the Carboniferous potential within and around the Resolution Prospect where unconventional resource prospectivity in tight gas sands, a play currently being tested by BP offshore and Third Energy onshore, may be significant on this large regional structure.The Company completed its withdrawal from France during the past quarter with withdrawal from the renewal process for both the Pontenx and Mairy permits. The Company’s attention and resources are now focussed solely on the UK.Producing AssetsThe Ceres gas field has been shut-in since October 2016 with attributable production derived from “back-out” gas produced from the Mercury and Neptune gas fields. Installation of a new flow meter at Ceres, expected in 2018 will facilitate simultaneous production of the Ceres gas field with the other fields in the system. The various production facilities were shut down for annual maintenance during early July with production recommencing in early August. The relative timing of the 2016 (September-October) and 2017 (July) maintenance shut-downs has resulted in only 9 months of production contribution from Ceres during the 2016-17 financial year. Despite this, mean daily production for the full year is expected to be in-line with our latest guidance of 100-110 boepd.The Keddington oil field continues to produce in line with forecasts from the K-3Z well at c. 24 bopd (net to Egdon 12 bopd) and we now expect to take a decision on further drilling on the field in the autumn of 2017. Avington also continues to produce in line with expectations.In July 2017 Egdon announced the acquisition of 100% of the producing Fiskerton Airfield oil field in Lincolnshire licence EXL294 for $0.75 million. The field has suffered from a lack of investment over recent years and we plan to undertake simple, low-cost workovers to enhance production and profitability in the short-term, adding valuable near-term cash-flow to Egdon’s portfolio. In the longer term, we will investigate the potential to enhance productivity through in-fill drilling. Completion of this acquisition is expected later in August with an effective date of 1st January 2017 meaning that production from then of c. 17-18 bopd will be allocated to Egdon.A significant focus during the period has been to progress our Wressle oilfield development, where planning was refused by the North Lincolnshire District Council Planning Committee at meetings in January and July 2017 despite recommendations to approve from the council’s planning officers on each occasion. We have co-joined appeals against both of these decisions and expect the planning inquiry to be heard in early November 2017. The inquiry will be heard by an independent planning inspector who will consider the applications in the context of their planning merits. A successful outcome would see the commencement of operations to establish long term production which would be expected to add 125 bopd to Egdon’s production.Egdon has interests in a number of currently shut in fields where we continue to seek innovative ways of bringing them back into profitable production. For example, we have initiated discussions with third parties on potential further investment in, and the restarting of production from, the shut-in Dukes Wood (PEDL118) and Kirklington (PEDL203) oil fields. If an agreement were to be reached we would expect operations to commence in late 2017.We also continue to evaluate the shut-in Waddock Cross oil field (PL090) where we have nearly completed reprocessing 3D seismic data, and the Kirkleatham gas field (PEDL068) where we have completed specialist processing of key seismic lines to confirm the remaining unproduced gas resources and have identified additional gas potential within the underlying Carboniferous sandstones.

View or download TR1 - EGDON RESOURCES PLC - 24 07 17

Egdon Resources plc (AIM:EDR) announces that it will appeal the decision of North Lincolnshire Council’s Planning Committee of 3 July 2017 to refuse planning consent for a second time for the development of the Wressle Oil Field at Lodge Farm, Wressle, North Lincolnshire (Application PA/2017/696).Notices advertising our intent to appeal will be displayed in the local parishes and published in the local paper over the coming week in accordance with planning law and an appeal will be submitted without delay shortly afterwards.Egdon will request the Planning Inspectorate to co-join this new appeal with the appeal against the refusal of planning permission of 11 January 2017. The first appeal is currently scheduled for early November 2017.Egdon can also advise that it will separately appeal the decision of the 3 July 2017 meeting to refuse application PA/2017/268 which requested a twelve month extension to the existing planning consent for the site.Mark Abbott Managing Director of Egdon Resources plc, said:“We are compelled to bring forward appeals against both of the decisions of North Lincolnshire Council’s special Planning Committee meeting of 3 July 2017. Following a thorough and detailed consultation and evaluation, both applications were recommended for approval by the Council’s Head of Development Management and Building Control and had support from the key statutory and regulatory consultees. In addition the environmental permit for the proposed Wressle development has been issued by the Environment Agency since the original decision in January of this year. We now look forward to presenting our case at the forthcoming public inquiry.”

Egdon Resources plc (AIM:EDR) is pleased to announce the issue by the Environment Agency of the environmental permits required for the planned operated Biscathorpe-2 exploration well on PEDL253 in Lincolnshire. The prospect is located between Lincoln and Louth on the southern margin of the Humber Basin on trend with and to the west of the producing Keddington oil field (14 kilometres, Egdon operated) and the Saltfleetby gas field (20 kilometres).The Biscathorpe-2 well will target a down-dip area of the structure tested by the crestal Biscathorpe-1 well in 1987 by BP which found oil in a 1.2 metres thick sandstone of Westphalian (Carboniferous) age. The sandstone is expected to thicken to the north and east from the original well and the structure has been mapped using reprocessed 3D seismic data. The Mean Gross Prospective Resources at Biscathorpe are estimated by Egdon to be c. 14 million barrels of oil (”mmbo”) and the well has been assessed by the Company as having a 40% chance of success.Current Licence interests in PEDL253 are:Egdon Resources U.K. Limited (Operator) 52.80% (45.60% share of well cost)Montrose Industries Ltd. 35.20% (30.40% share of well cost)Union Jack Oil Plc 12.00% (24.00% share of well cost)The Company expects to commence operations including site construction later in 2017. The well has a planned depth of 2,100 metres.Mark Abbott, Managing Director of Egdon Resources plc, said:“After a long and extremely thorough review of our proposals by the Environment Agency, we are pleased to receive the environmental permits for the proposed Biscathorpe-2 exploration well. This validates our position that the planned operations and procedures will prevent, mitigate and minimise environmental impacts. Egdon takes its safety, environmental and social obligations very seriously and is committed to maintaining the highest standards.We now look forward to drilling this significant conventional oil prospect. If a stratigraphic element to overall trap is proven, the potential resources could be considerably larger than the mean case of 14.0 mmbo.”

Egdon Resources plc (AIM:EDR) is pleased to announce the acquisition of the producing Fiskerton Airfield oil field in Lincolnshire licence EXL294.Egdon Resources plc (or “the Company”) will acquire a 100% interest in, and operatorship of the Fiskerton Airfield oil field from Cirque Energy (UK) Ltd (“Cirque”) for a cash consideration of $750,000 (c. £0.59 million) payable from existing cash resources upon completion. The effective date of the acquisition will be 1^st January 2017.The Fiskerton Airfield oil field is located approximately 7 kilometres to the East of the City of Lincoln. The field was discovered in 1997 and cumulative production has totalled around 440,000 barrels of oil from the most likely mapped Oil in Place estimated at 2.2 million barrels. The oil is of good quality (35.2°API) and is exported by road tanker to Immingham, North East Lincolnshire. Egdon estimate that in excess of 100,000 barrels of oil remain recoverable from the existing wells.The field is currently producing circa 19 barrels of oil per day (“bopd”) from one of two production wells (FA-3). The second producing well (FA-1) is currently shut-in awaiting a workover. The field also has a dedicated water disposal well to reinject produced water into the reservoir for pressure support (FA-2). The field has suffered from a lack of investment in recent years. Egdon plans to enhance the cash flows and profitability of the operation by increasing production initially to between 30 and 40 bopd via low cost well interventions. It is planned to workover both the currently producing FA-3 and the shut-in FA-1 wells during 2017 by installing new tubing, pumps and isolating water producing zones.Completion of the acquisition is subject to the usual OGA approvals.Commenting on the acquisition, Mark Abbott, Managing Director of Egdon Resources plc, said:“We are pleased to acquire the Fiskerton Airfield oil field for a modest cash outlay. The field has suffered from a lack of investment over recent years and we plan to undertake simple low-cost workovers to enhance production and profitability in the short-term, adding valuable near-term cash-flow to Egdon’s portfolio. In the longer term, we will investigate the potential to enhance productivity through in-fill drilling.” AIM Rule DisclosureThe acquisition of the interest in the Fiskerton Airfield oil field is a substantial transaction as defined in the AIM Rules for Companies (“AIM Rules”). With respect to disclosures required under the AIM Rules for substantial transactions, due to a lack of historical financial information available to the Company with respect to Cirque’s activities at the oil field, the Company is not able to provide disclosure on the profits or losses attributable to the interest in the Fiskerton Airfield oil field in this announcement. Egdon has a thorough understanding of current and likely future operating costs on the field and the costs of the planned workovers. The Company will record the acquisition in its books at the purchase cost.

Egdon Resources plc (AIM:EDR) announces that the North Lincolnshire County Council’s Planning Committee has today again refused planning consent for the development of the Wressle Oil Field at Lodge Farm, Wressle, North Lincolnshire.Mark Abbott Managing Director of Egdon Resources plc, said:“We are very disappointed by the decision of the Committee that again goes against the positive recommendation of their Planning Officer which was determined after an extensive and thorough review of our proposals which included more detailed information to address the specific concerns outlined by North Lincolnshire Council in their refusal of the original application on 11 January 2017.Our business has been operating exploration and production sites in a safe and environmentally sensitive manner across the region for many years, engaging with communities, employing local people and investing in the local supply chain.We will now take forward our appeal against the original 11 January 2017 determination which is due to be heard in November 2017.”

Egdon Resources plc (AIM:EDR) notes that North Lincolnshire County Council’s Planning Committee will meet on Monday 3 July 2017 to determine the new planning application for the Wressle Development which includes additional detailed information to address the specific concerns raised by North Lincolnshire County Council in its 11 January 2017 decision to refuse the original application.The new application has received a recommendation for approval from North Lincolnshire County Council’s Planning Department.The meeting will be held at 2pm Monday 3 July 2017 at North Lincolnshire Council Civic Centre in Scunthorpe.We will update shareholders of any developments from this meeting.Notes to Editors:WressleThe Wressle-1 well was drilled in 2014 and tested in 2015. The Wressle-1 well has flowed oil and gas from three separate reservoirs, the Ashover Grit, the Wingfield Flags and the Penistone Flags. This totalled 710 barrels of oil equivalent per day from all zones. In September 2016 a Competent Person’s Report made independent estimates of Reserves and Contingent and Prospective oil and gas Resources for the Wressle discovery of 2.15 million stock tank barrels classified as discovered (2P+2C). Further information can be found at our Wressle Oil and Gas Discovery page https://www.egdon-resources.com/home/project-sites/wressle/Wressle Planning historyOn 11 January 2017 North Lincolnshire County Council refused planning consent for the original application for the development of the Wressle Oil Field at Lodge Farm, Wressle, North Lincolnshire.On 7 February 2017 Egdon announced that it would both appeal the decision of 11 January 2017 and in parallel submit a new Planning Application for the Wressle development which would include even more detailed information to address the specific concerns outlined by North Lincolnshire Council in their refusal.On 11 April 2017, Egdon submitted an appeal against North Lincolnshire County Council’s decision to refuse planning consent.On 28 April 2017 Egdon submitted a new application for the Wressle Development including additional detailed information to address the specific concerns raised by North Lincolnshire County Council in its 11 January 2017 decision to refuse the original application for the development of the Wressle Oil Field.Egdon believe that this dual track approach provides the best opportunity for a successful planning outcome with the minimum delay.On 19 May 2017 Egdon announced the issue by the Environment Agency of the variation to the Mining Waste Permit for the planned Wressle field development and associated operations.Egdon Resources plcEgdon Resources plc (LSE: EDR) is an established UK-based exploration and production company primarily focused on onshore exploration and production in the hydrocarbon-producing basins of the UK.Egdon holds interests in 44 licences in the UK and France and has an active programme of exploration, appraisal and development within its balanced portfolio of oil and gas assets. Egdon is an approved operator in both the UK and France.Egdon was formed in 1997 and listed on AIM in December 2004.In accordance with the AIM Rules - Note for Mining and Oil and Gas Companies, the information contained in this announcement has been reviewed and signed off by the Managing Director of Egdon Resources plc Mark Abbott, a Geoscientist with over 26 years' experience.The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). Upon the publication of this announcement via Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.

Egdon Resources plc (AIM:EDR) is pleased to announce completion of the acquisition of an interest in a licence in the Company’s East Midlands core area.Egdon is acquiring a 50% interest in PEDL278 (UK National Grid Block SE51b) from Celtique Energie Petroleum Limited (“Celtique”) and Investcan Ltd. (“Investcan”) who were originally awarded the licence in the 14th Round. Egdon and Island Gas Ltd (IGas, operator) are each acquiring a 50% interest in the licence from Celtique and Investcan for a nominal cash consideration. The acquisition has already been approved by the Oil and Gas Authority (OGA).The licence contains the Kirk Smeaton tight gas discovery (RTZ, 1985) and other conventional and unconventional prospectivity. This acquisition adds 4,695 net acres to Egdon’s unconventional resources position which now amounts to a total net area of ca. 205,800 acres.Commenting on this new acquisition, Mark Abbott, Managing Director of Egdon Resources plc, said:“We are pleased to acquire a material holding in a licence containing the 1985 Kirk Smeaton tight gas discovery and further prospectivity at minimal cost.   This acquisition is consistent with our strategy of enhancing Egdon’s position in core areas where we see significant oil and gas potential.”

Egdon Resources plc (AIM:EDR) is pleased to announce the issue by the Environment Agency of the variation to the Mining Waste Permit for the planned Wressle field development and associated operations.The issue of the permit is a key regulatory approval in the proposed Wressle development, and provides support to the new Planning Application as submitted on 28 April 2017.Commenting on the permit approval, Mark Abbott, Managing Director of Egdon said:-“After a long and extremely thorough review of our proposals by the Environment Agency, we are pleased to receive the variation to our environmental permits for the proposed Wressle development and associated operations. This validates our position that the planned operations and procedures will prevent, mitigate and minimise environmental impacts. Egdon takes its safety, environmental and social obligations very seriously and is committed to maintaining the highest standards. We are confident that this will be recognised in the outcome of the new Planning Application.”