The directors of Egdon Resources plc (AIM:EDR), a UK focused energy company, welcome today’s announcement by the Prime Minister, Liz Truss, of the lifting of the moratorium on hydraulic fracturing for shale gas which was introduced in November 2019.Commenting on today’s announcement, Mark Abbott, Managing Director of Egdon Resources plc, said:“The lifting of the moratorium is a logical and pragmatic response to the new geopolitical reality and the new Government should be congratulated on the speed and foresight of its action. In contrast to a growing reliance on imports, the development of indigenous shale gas could have a positive impact on energy security, gas prices and the UK’s balance of payments, whilst delivering tax revenues, business rates, community benefits and thousands of well paid, skilled jobs. Importantly shale-gas can also play its part in delivering the goals of Net Zero and the Energy Security Strategy.With Egdon’s material shale-gas position, we now look forward to working positively with Government and local communities to deliver this nationally important resource in a timely fashion.”

Egdon Resources (AIM: EDR) is pleased to advise the submission of an appeal against the refusal by Lincolnshire County Council in March 2022 of an extension of time to the existing planning permission for the drilling and testing of a conventional exploration well at the North Kelsey site in PEDL241.Egdon holds a 50% interest and is operator of PEDL241.The appeal documentation has been submitted to the Planning Inspectorate (“PINS”) and the appeal will now be validated by PINS before an inspector is appointed and a timetable defined. The expectation is that the appeal will be decided under the Written Representation Procedure, a process where PINS will consider written evidence from the appellant, the local planning authority and other interested parties.

In accordance with the Financial Conduct Authority's Disclosure Guidance and Transparency Rules, at 31 July 2022 the total number of Ordinary shares of 1p of the Company in issue is 525,242,031.The above figure 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 Company, under the Disclosure Guidance and Transparency Rules.

Egdon Resources plc (AIM:EDR), a UK focused energy company, announces that an application has been made to the London Stock Exchange plc for a block listing of securities in respect of 49,299,000 ordinary shares of £0.01 each (the 'New Ordinary Shares') to be admitted to trading on AIM.The New Ordinary Shares will be issued from time to time in order to satisfy the remaining outstanding warrants which may be exercised. It is expected that admission will become effective on 8 July.The block listing consists of 49,299,000 ordinary shares in respect of the remaining outstanding warrants granted in July 2021 as part of the Company’s £1.44 million fundraise through the issue of 115,228,000 new ordinary shares at a price of 1.25 pence per share. As part of this raise, each two subscription shares were granted a right to subscribe for one new ordinary share at a price of 2.5 pence per share (the “warrants”). The warrants are exercisable at any time until 23 July 2023.For the avoidance of doubt these applications are not applications to list the warrants themselves on any regulated market but merely an administrative measure to ensure that the Company does not need to make multiple applications for admission of ordinary shares to trading on each separate occasion when the existing warrants are exercised by holders. There are no changes to the terms and conditions of the warrants.Following the Block Admission, the Company's issued share capital will remain unchanged at 525,092,031 ordinary shares. The Company will make six-monthly announcements of the utilisation of the Block Admission, in line with its obligations under AIM Rule 29.When issued, the New Ordinary Shares will be credited as fully paid and will rank pari passu in all respects with the existing ordinary shares of £0.01 each in the capital of the Company.

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Egdon Resources plc (AIM:EDR) was notified on30 June 2022 that as a result of transactions which took place on 24 June 2022, the shareholdings held by Petrichor Holdings Cooperatief U.A.(”Petrichor”) and other members of the Concert Party have now been transferred to Petrichor Partners LP (“PPL”) as the registered holder of the 237,924,452 Ordinary Shares in Egdon representing 46.04 per cent of the issued ordinary share capital in Egdon. The shareholdings held by members of the Concert Party were transferred to PPL at the Egdon Ordinary Share price at the close of business on 23 June 2022, being 4.35 pence. Under Rule 17 of the AIM Rules for Companies, this change of registered holding represents a “Relevant Change” requiring announcement.The resulting PPL shareholding and percentage holding equates to the shareholding and percentage held by the Concert Party which was announced following the issue of equity and conversion of Convertible Loan Notes in June 2021.A Whitewash was granted by the Takeover Panel in January 2021 when the Convertible Loan Notes were issued to members of the Concert Party on the basis of a fully diluted shareholding of 46.04 per cent.Background on the Concert PartyVSA Capital Limited, the financial adviser and joint broker to Egdon, previously wrote to the Takeover Panel in 17 November 2020 and 24 June 2021 on behalf of Egdon in relation to the Concert Party. The Concert Party is made up of the following members:-Concert PartyNumber of Ordinary Shares in the capital of Egdon (“Ordinary Shares”)% of Issued Share Capital¹Petrichor Holdings CoöperatiefU.A. (“PHC”)132,676,24525.67PPL89,679,45417.35Jalapeno Corporations Holding(“Jalapeno”)15,503,1193.00Steven Jackson65,6340.01TOTAL237,924,45246.04¹ Based on the latest information published by Egdon on 31 January 2022.PHC, a company registered in the Netherlands, is a subsidiary of HEYCO (registered in Delaware, USA). HEYCO owns over 99% of the share capital of PHC, and the remaining less than 1% is owned by Petrichor Partners-Delaware, LP, a limited partnership registered in Delaware, USA. Petrichor Partners-Delaware, LP is directly and wholly owned by HEYCO.HEYCO’s majority shareholder is Explorers Petroleum Corporation of which George Yates is the ultimate controller.PPL is owned by various limited partners and the general partner of PPL is HEYCO International, Inc. (“HINT”), a 100% wholly owned subsidiary of HEYCO.The amended and restated partnership agreement dated 11 June 2021 of PPL entered into between the limited partners (“Partnership Agreement”) gives the general partner the authority to make investment decisions for PPL without the input of the limited partners.Jalapeño’s President is Harvey E Yates Jr, George Yates’ brother.Steven Jackson is a long-time family friend and business associate of the Yates family. Steven Jackson is also a limited partner in PPL and a party to the Partnership Agreement.Takeover PanelPetrichor’s advisers have approached the Takeover Panel (“Panel”) to obtain a waiver from a potential need to make a general offer for all Egdon Ordinary Shares not held by them at the price at which the transfer took place. The basis of this is Note 4 to Rule 9.1 which provides for such relief to be granted, subject to the Panel’s consent, in circumstances where there are transfers between Concert Party members and the result is not to alter the practical effect of the existing arrangements. In this case the general partner will remain Heyco International and the ultimate controller is Heyco, a Delaware corporation.WarrantsIn July 2021 the Company raised £1.44 million through the issue of 115,228,000 new Ordinary Shares at a price of 1.25 pence per share. In addition, each two subscription shares were granted a right to subscribe for one new Ordinary Share at a price of 2.5 pence per share, (a “Warrant”). All members of the Concert Party were subscribers in July 2021 and were accordingly issued with Warrants. At the same time as the transfer of the Concert Party’s ordinary shares to PPL, the Concert Party have transferred their holdings of Warrants to PPL. As a result PPL now holds 26,524,000 Warrants. At the date hereof 49,299,000 Warrants remain outstanding and are exercisable at any time until 23 July 2023.TR-1 Forms follow belowShareholdings in PPLAfter Consolidation Final Shares Allocation % of PPLP Owned General Partner  HEYCO International (HINT)0.00%Limited Partners  HEYCO International (HINT)134,402,51456.49%Jalapeno Corporation15,503,1196.52%Rance Miles21,601,6349.08%Donald DeJong21,601,6349.08%Eris West Trust13,091,8815.50%William Webber13,091,8815.50%George O'Connor9,818,9114.13%Per Juvkam-Wold1,963,7870.83%Lauren Yates1,963,7870.83%King Crow1,546,7010.65%Steven Jackson3,338,6041.40%Total PPLP 237,924,452100.00% Please note that from 22 March 2021, the Standard TR-1 Form should be completed and submitted to the FCA via our Electronic Submission System (ESS) in relation to notifications of voting rights held in issuers whose shares are admitted to trading on UK regulated markets. Holders of voting rights in issuers whose shares are admitted to trading on UK prescribed markets such as AIM market, can continue to use this form to send their notifications to those issuers. Alternatively, if they wish they can register on ESS to be able to notify to us, produce a TR-1 Form via ESS and submit the downloaded version to issuers with shares admitted to trading on  prescribed markets. More information on how to submit a TR-1 Form via ESS is available here  TR-1: Standard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) ⁱ1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ⁱⁱ:Egdon Resources plc1b. Please indicate if the issuer is a non-UK issuer  (please mark with an “X” if appropriate)2. Reason for the notification (please mark the appropriate box or boxes with an “X”)An acquisition or disposal of voting rightsXAn acquisition or disposal of financial instrumentsAn event changing the breakdown of voting rightsOther (please specify) ⁱⁱⁱ:3. Details of person subject to the notification obligation ^ivNameJalapeno CorporationCity and country of registered office (if applicable)Nevada, United States of America4. Full name of shareholder(s) (if different from 3.) ^vNameCity and country of registered office (if applicable)5. Date on which the threshold was crossed or reached ^vi:June 24, 20226. Date on which issuer notified (DD/MM/YYYY):June 24, 20227. Total positions of person(s) subject to the notification obligation% of voting rights attached to shares (total of 8. A)% of voting rights through financial instruments(total of 8.B 1 + 8.B 2)Total of both in % (8.A + 8.B)Total number of voting rights held in issuer (8.A + 8.B) ^viiResulting situation on the date on which threshold was crossed or reachedLess than 3%Less than 3%Less than 3%Less than 3%Position of previous notification (ifapplicable)3%3%8. Notified details of the resulting situation on the date on which the threshold was crossed or reached ^viiiA: Voting rights attached to sharesClass/type ofsharesISIN code (if possible)Number of voting rights ^ix% of voting rightsDirect(DTR5.1)Indirect(DTR5.2.1)Direct(DTR5.1)Indirect(DTR5.2.1)SUBTOTAL 8. ALess than 3%Less than 3%B 1: Financial Instruments according to DTR5.3.1R (1) (a)Type of financial instrumentExpirationdate ^xExercise/Conversion Period ^xiNumber of voting rights that may be acquired if the instrument is exercised/converted.% of voting rightsSUBTOTAL 8. B 1B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)Type of financial instrumentExpirationdate ^xExercise/Conversion Period ^xiPhysical or cash Settlement ^xiiNumber of voting rights % of voting rights SUBTOTAL 8.B.29. Information in relation to the person subject to the notification obligation (please mark theapplicable box with an “X”)Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer ^xiiiFull chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) ^xivXName ^xv% of voting rights if it equals or is higher than the notifiable threshold% of voting rights through financial instruments if it equals or is higher than the notifiable thresholdTotal of both if it equals or is higher than the notifiable threshold 10. In case of proxy voting, please identify:Name of the proxy holderThe number and % of voting rights heldThe date until which the voting rights will be held11. Additional information ^xviPlace of completionDallas, Texas, United States of AmericaDate of completionJune 30, 2022     Please note that from 22 March 2021, the Standard TR-1 Form should be completed and submitted to the FCA via our Electronic Submission System (ESS) in relation to notifications of voting rights held in issuers whose shares are admitted to trading on UK regulated markets. Holders of voting rights in issuers whose shares are admitted to trading on UK prescribed markets such as AIM market, can continue to use this form to send their notifications to those issuers. Alternatively, if they wish they can register on ESS to be able to notify to us, produce a TR-1 Form via ESS and submit the downloaded version to issuers with shares admitted to trading on  prescribed markets. More information on how to submit a TR-1 Form via ESS is available here  TR-1: Standard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) ⁱ1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ⁱⁱ:Egdon Resources plc1b. Please indicate if the issuer is a non-UK issuer  (please mark with an “X” if appropriate)Non-UK issuer2. Reason for the notification (please mark the appropriate box or boxes with an “X”)An acquisition or disposal of voting rightsXAn acquisition or disposal of financial instrumentsAn event changing the breakdown of voting rightsOther (please specify) ⁱⁱⁱ:3. Details of person subject to the notification obligation ^ivNamePetrichor Holdings CooperatiefCity and country of registered office (if applicable)Amsterdam, the Netherlands4. Full name of shareholder(s) (if different from 3.) ^vNameCity and country of registered office (if applicable)5. Date on which the threshold was crossed or reached ^vi:June 24, 20226. Date on which issuer notified (DD/MM/YYYY):June 24, 20227. Total positions of person(s) subject to the notification obligation% of voting rights attached to shares (total of 8. A)% of voting rights through financial instruments(total of 8.B 1 + 8.B 2)Total of both in % (8.A + 8.B)Total number of voting rights held in issuer (8.A + 8.B) ^viiResulting situation on the date on which threshold was crossed or reachedLess than 3%Less than 3%Less than 3%Less than 3%Position of previous notification (ifapplicable)25.67%25.67%8. Notified details of the resulting situation on the date on which the threshold was crossed or reached ^viiiA: Voting rights attached to sharesClass/type ofsharesISIN code (if possible)Number of voting rights ^ix% of voting rightsDirect(DTR5.1)Indirect(DTR5.2.1)Direct(DTR5.1)Indirect(DTR5.2.1)SUBTOTAL 8. AB 1: Financial Instruments according to DTR5.3.1R (1) (a)Type of financial instrumentExpirationdate ^xExercise/Conversion Period ^xiNumber of voting rights that may be acquired if the instrument is exercised/converted.% of voting rightsSUBTOTAL 8. B 1B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)Type of financial instrumentExpirationdate ^xExercise/Conversion Period ^xiPhysical or cash Settlement ^xiiNumber of voting rights % of voting rights SUBTOTAL 8.B.29. Information in relation to the person subject to the notification obligation (please mark theapplicable box with an “X”)Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer ^xiiiFull chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) ^xivXName ^xv% of voting rights if it equals or is higher than the notifiable threshold% of voting rights through financial instruments if it equals or is higher than the notifiable thresholdTotal of both if it equals or is higher than the notifiable threshold10. In case of proxy voting, please identify:Name of the proxy holderThe number and % of voting rights heldThe date until which the voting rights will be held11. Additional information ^xvi Place of completionDallas, Texas, United States of AmericaDate of completionJune 30, 2022 Please note that from 22 March 2021, the Standard TR-1 Form should be completed and submitted to the FCA via our Electronic Submission System (ESS) in relation to notifications of voting rights held in issuers whose shares are admitted to trading on UK regulated markets. Holders of voting rights in issuers whose shares are admitted to trading on UK prescribed markets such as AIM market, can continue to use this form to send their notifications to those issuers. Alternatively, if they wish they can register on ESS to be able to notify to us, produce a TR-1 Form via ESS and submit the downloaded version to issuers with shares admitted to trading on  prescribed markets. More information on how to submit a TR-1 Form via ESS is available here  TR-1: Standard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) ⁱ1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ⁱⁱ:Egdon Resources plc1b. Please indicate if the issuer is a non-UK issuer  (please mark with an “X” if appropriate)Non-UK issuer2. Reason for the notification (please mark the appropriate box or boxes with an “X”)An acquisition or disposal of voting rightsXAn acquisition or disposal of financial instrumentsAn event changing the breakdown of voting rightsOther (please specify) ⁱⁱⁱ:3. Details of person subject to the notification obligation ^ivNamePetrichor Partners, LPCity and country of registered office (if applicable)Delaware, United States of America4. Full name of shareholder(s) (if different from 3.) ^vNameCity and country of registered office (if applicable)5. Date on which the threshold was crossed or reached ^vi:June 24, 20226. Date on which issuer notified (DD/MM/YYYY):June 24, 20227. Total positions of person(s) subject to the notification obligation% of voting rights attached to shares (total of 8. A)% of voting rights through financial instruments(total of 8.B 1 + 8.B 2)Total of both in % (8.A + 8.B)Total number of voting rights held in issuer (8.A + 8.B) ^viiResulting situation on the date on which threshold was crossed or reached46.03%46.03%46.03%Position of previous notification (ifapplicable)17.35%17.35%8. Notified details of the resulting situation on the date on which the threshold was crossed or reached ^viiiA: Voting rights attached to sharesClass/type ofsharesISIN code (if possible)Number of voting rights ^ix% of voting rightsDirect(DTR5.1)Indirect(DTR5.2.1)Direct(DTR5.1)Indirect(DTR5.2.1)ordinary237,924,45246.03%SUBTOTAL 8. A237,924,45246.03%B 1: Financial Instruments according to DTR5.3.1R (1) (a)Type of financial instrumentExpirationdate ^xExercise/Conversion Period ^xiNumber of voting rights that may be acquired if the instrument is exercised/converted.% of voting rightsWarrants over Ordinary Shares23 July 2023At any time after26,524,000NilSUBTOTAL 8. B 126,524,000NilB 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)Type of financial instrumentExpirationdate ^xExercise/Conversion Period ^xiPhysical or cash Settlement ^xiiNumber of voting rights % of voting rights SUBTOTAL 8.B.29. Information in relation to the person subject to the notification obligation (please mark theapplicable box with an “X”)Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer ^xiiiFull chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) ^xivxName ^xv% of voting rights if it equals or is higher than the notifiable threshold% of voting rights through financial instruments if it equals or is higher than the notifiable thresholdTotal of both if it equals or is higher than the notifiable thresholdHEYCO International, Inc.55.76%55.76% 10. In case of proxy voting, please identify:Name of the proxy holderThe number and % of voting rights heldThe date until which the voting rights will be held11. Additional information ^xviPlace of completionDallas, Texas, United States of AmericaDate of completionJune 30, 2022

Egdon Resources plc (AIM:EDR) has received notice of the exercise of Warrants and can advise the issue of new Ordinary Shares in the Company of 1p each (“Ordinary Shares”) as follows.The WarrantsIn July 2021 the Company raised £1.44 million through the issue of 115,228,000 new Ordinary Shares at a price of 1.25 pence per share. In addition, each two Subscription Shares were granted a right to subscribe for one new Ordinary Share at a price of 2.5 pence per share, (the “Warrant”).Exercise of Warrants and Issue of New Ordinary SharesNumber of Warrants being reported as ExercisedNumber of 1p new Ordinary Shares issuedConsideration Received at 2.5p per share200,000200,000£5,000.00Application for Admission of New Ordinary Shares to AIMAn application has been made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on the AIM Market of the London Stock Exchange with admission expected to become effective on or around 22 June 2022.The new Ordinary Shares will rank pari passu with the Company’s existing Ordinary Shares in all respects.Outstanding WarrantsFollowing the exercise of the Warrants reported above 49,299,000 Warrants remain outstanding and are exercisable at any time until 23 July 2023.Total Voting RightsFollowing admission of the new Ordinary Shares on or around 22 June 2022 the issued share capital of the Company will be 525,092,031 Ordinary Shares, each with voting rights. This figure 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 Company, under the Disclosure and Transparency Rules.

Egdon Resources plc (AIM:EDR) has received notice of the exercise of Warrants and can advise the issue of new Ordinary Shares in the Company of 1p each (“Ordinary Shares”) as follows.The WarrantsIn July 2021 the Company raised £1.44 million through the issue of 115,228,000 new Ordinary Shares at a price of 1.25 pence per share. In addition, each two Subscription Shares were granted a right to subscribe for one new Ordinary Share at a price of 2.5 pence per share, (the “Warrant”).Exercise of Warrants and Issue of New Ordinary SharesNumber of Warrants being reported as ExercisedNumber of 1p new Ordinary Shares issuedConsideration Received at 2.5p per share500,000500,000£12,500.00Application for Admission of New Ordinary Shares to AIMAn application has been made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on the AIM Market of the London Stock Exchange with admission expected to become effective on or around 14 June 2022.The new Ordinary Shares will rank pari passu with the Company’s existing Ordinary Shares in all respects.Outstanding WarrantsFollowing the exercise of the Warrants reported above 49,499,000 Warrants remain outstanding and are exercisable at any time until 23 July 2023.Total Voting RightsFollowing admission of the new Ordinary Shares on or around 14 June 2022 the issued share capital of the Company will be 524,892,031 Ordinary Shares, each with voting rights. This figure 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 Company, under the Disclosure and Transparency Rules.

Egdon Resources plc (AIM:EDR), a UK focused energy company, is pleased to advise that the North Sea Transition Authority (“NSTA”) has approved the Field Development Plan for the Wressle oil field in North Lincolnshire, held under licences PEDL180 and PEDL182 (the “Licences”) where Egdon is operator with a 30% interest.The NSTA has also approved the Licences entering their production phase, which will continue through to 2039.Commenting on these positive developments, Mark Abbott, Managing Director of Egdon Resources plc, said:“This is a key milestone for the Wressle project as it transitions from an extended well test to production under an approved field development plan.  Wressle continues to generate high levels of production and revenues.  The Wressle-1 well is currently amongst the most productive in the onshore UK and to date has produced over 170,000  barrels of oil. I am proud of the Egdon team and our contractors for their efforts and determination in achieving this key milestone. My thanks also go to our joint venture partners Union Jack Oil and Europa Oil and Gas, for their support and advice during this process.Our focus now turns to completing the installation of the few remaining permanent production facilities and progressing the planning, permitting and implementation of the gas monetisation plan. This will enable a reduction in gas incineration and remove the limitations on oil production. In parallel we are advancing the development plan and consenting process to enable production from the Penistone Flags reservoir where gross Mid-case Contingent Resources of 1.53 million barrels of oil and 2 billion cubic feet of gas have been independently reported.” 

Egdon Resources plc (AIM:EDR) a UK focused energy company, is pleased to provide an unaudited financial update for the third quarter of the Company’s financial year (February to April 2022) and to advise the repayment of a £1 million loan.Revenues

• Revenue for the three-month period from February to April 2022 was £2.23 million (2021: £0.31 million and H1 2022: £2.55million).
• Revenue was primarily from the Wressle and Ceres fields, with average realised oil prices during the period February to April 2022 of $106.67 per barrel of oil (“bbl”) (February to April 2021: $62.43/bbl) and averaged realised gas prices of 217p per therm ($149 per barrel of oil equivalent (“boe”) (February to April 2021: 45p/therm ($44/boe)).

Loan Repayment

• On 25 May 2022 the £1 million commercial loan facility (the “Loan”) was repaid to Union Jack Oil PLC along with accrued interest as per the agreed terms.

Wressle Deferred Consideration

• As advised in the Company’s interim results (26 April 2022), during March 2022, Egdon paid the £0.417 million deferred cash consideration for the additional 5% interest in PEDL180 and PEDL182 (Wressle) which was acquired from Celtique Energie Petroleum Limited during June 2018.

Net Current Assets

• Accounting for repayment of the Loan, on 1 May 2022 the Company held unaudited cash and cash equivalents of £2.73 million (31 January 2022: £2.08 million) and net current assets of £2.76 million (31 January 2022: £1.16 million).

Commenting, Mark Abbott, Managing Director of Egdon Resources plc, said:“I am pleased to report that continuing strong production from Wressle and Ceres coupled with high oil and gas prices have translated into a robust year to date financial performance for Egdon. The material cash flow generated has been transformational, enabling the Company to become debt free and funded for all near-term commitments in parallel with considering further growth opportunities.”

Egdon Resources plc (AIM:EDR) has received notice of the exercise of Warrants and can advise the issue of new Ordinary Shares in the Company of 1p each (“Ordinary Shares”) as follows.The WarrantsIn July 2021 the Company raised £1.44 million through the issue of 115,228,000 new Ordinary Shares at a price of 1.25 pence per share. In addition, each two Subscription Shares were granted a right to subscribe for one new Ordinary Share at a price of 2.5 pence per share, (the “Warrant”).Exercise of Warrants and Issue of New Ordinary SharesNumber of Warrants being reported as ExercisedNumber of 1p new Ordinary Shares issuedConsideration Received at 2.5p per share400,000400,000£10,000.00Application for Admission of New Ordinary Shares to AIMAn application has been made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on the AIM Market of the London Stock Exchange with admission expected to become effective on or around 31 May 2022.The new Ordinary Shares will rank pari passu with the Company’s existing Ordinary Shares in all respects.Outstanding WarrantsFollowing the exercise of the Warrants reported above 49,999,000 Warrants remain outstanding and are exercisable at any time until 23 July 2023.Total Voting RightsFollowing admission of the new Ordinary Shares on or around 31 May 2022 the issued share capital of the Company will be 524,392,031 Ordinary Shares, each with voting rights. This figure 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 Company, under the Disclosure and Transparency Rules.

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Egdon Resources plc (AIM:EDR) has received notice of the exercise of Warrants and can advise the issue of of new Ordinary Shares of 1p each in the Company (“Ordinary Shares”) as follows.The WarrantsIn July 2021 the Company raised £1.44 million through the issue of 115,228,000 new Ordinary Shares at a price of 1.25 pence per share. In addition, each two Subscription Shares were granted a right to subscribe for one new Ordinary Share at a price of 2.5 pence per share, (the “Warrant”).Exercise of Warrants and Issue of New Ordinary SharesNumber of Warrants being reported as ExercisedNumber of 1p new Ordinary Shares issuedConsideration Received at 2.5p per share400,000400,000£10,000.00Application for Admission of New Ordinary Shares to AIMAn application has been made to the London Stock Exchange for the new Ordinary Shares to be admitted to trading on the AIM Market of the London Stock Exchange with admission expected to become effective on or around 10 May 2022.The new Ordinary Shares will rank pari passu with the Company’s existing Ordinary Shares in all respects.Outstanding WarrantsFollowing the exercise of the Warrants reported above 50,399,000 Warrants remain outstanding and are exercisable at any time until 23 July 2023.Total Voting RightsFollowing admission of the new Ordinary Shares on or around 10 May 2022 the issued share capital of the Company will be 523,992,031 Ordinary Shares, each with voting rights. This figure 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 Company, under the Disclosure and Transparency Rules.

The following amendments have been made to the 'Interim Results for the Six Months Ended 31 January 2022’ announcement released on 26 April 2022 at 7:00am under RNS No 2803J.Operational and Corporate Highlights‘Production during the period increased by 116% to 36,714 barrels of oil equivalent (“boe”) equating to 200 boe per day (“boepd”) (H1 2021: 16,928 boe and 92 boepd)’ instead of an increase of 156% to 43,420 boe equating to 205 boepd. This earlier figure having included the production for February 2022 in error.Financial and Statutory Information‘The average realised price per barrel of oil equivalent was 178% higher at $93.81/boe (H1 2021: $33.81/boe)’ instead of an average realised price per boe of 135% higher at $79.32/boe.All other details remain unchanged. The full amended text is shown below.EGDON RESOURCES PLC(“Egdon” or “the Group” or “the Company”)Interim Results for the Six Months Ended 31 January 2022Egdon Resources plc (AIM: EDR), a UK focused energy company, today announces its unaudited results for the six months ended 31 January 2022 (“the period”).Overview and HighlightsOperational and Corporate

• Production during the period increased by 116%% to 36,714 barrels of oil equivalent (“boe”) equating to 200 boe per day (“boepd”) (H1 2021: 16,928 boe and 92 boepd)
• Wressle production has significantly exceeded the original 500 barrels of oil per day (“bopd”) expectation and is currently producing at permit constrained rates of 760-800 bopd following upgrades to the production facilities
• Egdon has assumed the operatorship, increased its equity to 40% and agreed an extension to 20 March 2024 in PEDL343 which contains the Cloughton gas discovery
• Planning permission was refused for the drilling of a side-track well, testing and long-term production at the Biscathorpe project

Financial Performance

• Oil and gas revenues increased by 500% during the period to £2.551 million (H1 2021: £0.424 million) as a result of significantly increased production and strengthening commodity prices
• Profit before impairments/write backs of £0.715 million (H1 2021: loss of £0.763 million)
• Overall profit for the period of £1.222 million including £0.507 million write-back (H1 2021: loss of £1.039 million including £0.276 million of impairments)
• Cash and cash equivalents of £2.084 million (H1 2021: £2.422 million and 31 July 2021: £
• Net current assets as at 31 January 2022 of £1.165 million, which includes UJO debt of £1.07 million and £0.417 million deferred consideration for Wressle (31 January 2021: net current liability of £0.126 million, which includes liability for £0.962 million convertible loan and £0.417 million deferred consideration for Wressle)

Subsequent Events

• On 10 March 2022 a revised incentive package was put in place for all employees through the issue of new share options and the cancellation of all historical share options
• On 14 March 2022, planning permission was refused to extend the existing consents to drill the North Kelsey-1 exploration well and will be appealed during H2 2022
• On 5 April 2022 the Government announced that it had commissioned the British Geological Survey to advise on the latest scientific evidence around shale gas extraction
• An appeal against the refusal of planning for the Biscathorpe project was submitted on 12 April 2022
• During April 2022, Shell advised Egdon and the North Sea Transition Authority (“NSTA”) of its intention to withdraw from licences P1929 and P2304, containing the Resolution and Endeavour gas discoveries. Egdon is considering its options, including its ongoing commitment to the licences and will discuss these options with the NSTA.

Outlook

• Post-period end production and revenues have continued to be strong with February and March revenues of £0.480 million and £0.953 million respectively
• The Company is funded for all near-term committed activity including the loan repayment of £1.07 million due in May 2022

Our key operational focus for the coming period will be:

• Continuing to optimise oil and gas production from the Ashover Grit reservoir at Wressle, building on the strong performance to date
• Progressing gas monetisation at Wressle
• Finalising plans for development of the material Contingent Resources in the Penistone Flags at Wressle
• Progressing drilling plans to target incremental oil production / near field exploration opportunities at the Keddington oil field and the field redevelopment at Waddock Cross
• Securing planning consent via appeal for the Biscathorpe and North Kelsey projects
• Further developing the Company’s energy transition opportunities including repurposing of the Dukes Wood-1 well for geothermal heat

Online Presentation and audiocastA webcast of the interim results presentation will be available from 07.00 through the following link:https://webcasting.buchanan.uk.com/broadcast/62458a79893940516d342a2aCommenting on the results, Philip Stephens, Chairman of Egdon said;“The period has been has been an exceptional one for the Company. Revenues have increased fivefold and this has resulted in a return to profit after the challenges of recent years. Significantly increased commodity prices and increased production have made this possible. The Wressle field continues to exceed our expectations and the Ceres gas field is providing a late life renaissance.       Production continues at a high level and the resultant positive cash flow supported by continuing high commodity prices enables us to be confident that we will be able fully to fund our current plans.”

Egdon Resources plc (AIM:EDR) advises that Shell U.K. Limited has informed Egdon and the North Sea Transition Authority (“NSTA”) of its intention to withdraw from licences P1929 and P2304 containing the Resolution and Endeavour gas discoveries.Egdon will now consider its options, including its ongoing commitment to the licences and will discuss this with the NSTA. We will update shareholders once our preferred option and the NSTA position is known.

Egdon Resources plc (AIM: EDR), a UK focused energy company, today announces its unaudited results for the six months ended 31 January 2022 (“the period”).Overview and HighlightsOperational and Corporate

• Production during the period increased by 156% to 43,420 barrels of oil equivalent (“boe”) equating to 205 boe per day (“boepd”) (H1 2021: 16,928 boe and 92 boepd)
• Wressle production has significantly exceeded the original 500 barrels of oil per day (“bopd”) expectation and is currently producing at permit constrained rates of 760-800 bopd following upgrades to the production facilities
• Egdon has assumed the operatorship, increased its equity to 40% and agreed an extension to 20 March 2024 in PEDL343 which contains the Cloughton gas discovery
• Planning permission was refused for the drilling of a side-track well, testing and long-term production at the Biscathorpe project

Financial Performance

• Oil and gas revenues increased by 500% during the period to £2.551 million (H1 2021: £0.424 million) as a result of significantly increased production and strengthening commodity prices
• Profit before impairments/write backs of £0.715 million (H1 2021: loss of £0.763 million)
• Overall profit for the period of £1.222 million including £0.507 million write-back (H1 2021: loss of £1.039 million including £0.276 million of impairments)
• Cash and cash equivalents of £2.084 million (H1 2021: £2.422 million and 31 July 2021: £
• Net current assets as at 31 January 2022 of £1.165 million, which includes UJO debt of £1.07 million and £0.417 million deferred consideration for Wressle (31 January 2021: net current liability of £0.126 million, which includes liability for £0.962 million convertible loan and £0.417 million deferred consideration for Wressle)

Subsequent Events

• On 10 March 2022 a revised incentive package was put in place for all employees through the issue of new share options and the cancellation of all historical share options
• On 14 March 2022, planning permission was refused to extend the existing consents to drill the North Kelsey-1 exploration well and will be appealed during H2 2022
• On 5 April 2022 the Government announced that it had commissioned the British Geological Survey to advise on the latest scientific evidence around shale gas extraction
• An appeal against the refusal of planning for the Biscathorpe project was submitted on 12 April 2022
• During April 2022, Shell advised Egdon and the North Sea Transition Authority (“NSTA”) of its intention to withdraw from licences P1929 and P2304, containing the Resolution and Endeavour gas discoveries. Egdon is considering its options, including its ongoing commitment to the licences and will discuss these options with the NSTA.

Outlook

• Post-period end production and revenues have continued to be strong with February and March revenues of £0.480 million and £0.953 million respectively
• The Company is funded for all near-term committed activity including the loan repayment of £1.07 million due in May 2022

Our key operational focus for the coming period will be:

• Continuing to optimise oil and gas production from the Ashover Grit reservoir at Wressle, building on the strong performance to date
• Progressing gas monetisation at Wressle
• Finalising plans for development of the material Contingent Resources in the Penistone Flags at Wressle
• Progressing drilling plans to target incremental oil production / near field exploration opportunities at the Keddington oil field and the field redevelopment at Waddock Cross
• Securing planning consent via appeal for the Biscathorpe and North Kelsey projects
• Further developing the Company’s energy transition opportunities including repurposing of the Dukes Wood-1 well for geothermal heat

Online Presentation and audiocastA webcast of the interim results presentation will be available from 07.00 through the following link:https://webcasting.buchanan.uk.com/broadcast/62458a79893940516d342a2aCommenting on the results, Philip Stephens, Chairman of Egdon said;“The period has been has been an exceptional one for the Company. Revenues have increased fivefold and this has resulted in a return to profit after the challenges of recent years. Significantly increased commodity prices and increased production have made this possible. The Wressle field continues to exceed our expectations and the Ceres gas field is providing a late life renaissance.       Production continues at a high level and the resultant positive cash flow supported by continuing high commodity prices enables us to be confident that we will be able fully to fund our current plans.”View or Download 2022 Egdon Interim Results

Egdon Resources plc (AIM:EDR) advises that its unaudited interim results for the six months ending 31 January 2022 will be released on Tuesday 26 April 2022.A webcast of the results presentation will be available via the Company website (www.egdon-resources.com) from 07.00 on 26 April 2022.

Egdon Resources plc (AIM:EDR) has received notice of the exercise of Warrants and can advise the issue of new Ordinary Shares in the Company of 1p each (“Ordinary Shares”) as follows.The WarrantsIn July 2021 the Company raised £1.44 million through the issue of 115,228,000 new Ordinary Shares at a price of 1.25 pence per share. In addition, each two Subscription Shares were granted a right to subscribe for one new Ordinary Share at a price of 2.5 pence per share, (the “Warrant”).Exercise of Warrants and Issue of New Ordinary SharesNumber of Warrants being reported as ExercisedNumber of 1p new Ordinary Shares issuedConsideration Received at 2.5p per share6,815,0006,815,000£170,375Application for Admission of New Ordinary Shares to AIMAn application has been made to the London Stock Exchange for the new Ordinary Shares to be admitted to trading on the AIM Market of the London Stock Exchange with admission expected to become effective on or around 20 April 2022.The new Ordinary Shares will rank pari passu with the Company’s existing Ordinary Shares in all respects.Outstanding WarrantsFollowing the exercise of the Warrants reported above 50,799,000 Warrants remain outstanding and are exercisable at any time until 23 July 2023.Total Voting RightsFollowing admission of the new Ordinary Shares on or around 20 April 2022 the issued share capital of the Company will be 523,592,031 Ordinary Shares, each with voting rights. This figure 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 Company, under the Disclosure and Transparency Rules.

Egdon Resources plc (AIM:EDR) is pleased to advise that further to the announcement of 25 January 2022, it has submitted an appeal against the refusal of planning permission by Lincolnshire County Council for a side-track drilling operation, associated testing and long-term oil production at the Biscathorpe site (the “Appeal”), held under licence PEDL253.Egdon is operator of PEDL253 and holds a 35.8% interest in the licence.The appeal documentation was submitted to the Planning Inspectorate (“PINS”) on 12 April 2022. The appeal will now be validated by PINS before an Inspector is appointed and a timetable is defined. The expectation is that the appeal will be decided under the written representations procedure, a process where PINS will consider written evidence from the appellant, the local planning authority and anyone else who has an interest in the appeal.

Egdon Resources plc (AIM:EDR) welcomes the Government's announcement of 5 April 2022 of a scientific review of shale gas by the British Geological Survey. The review is to report before the end of June 2022.The full text of the Government's announcement can be found at https://www.gov.uk/government/news/scientific-review-of-shale-gas-launchedEgdon holds a significant portfolio of shale gas licences covering an area of 151,742 net acres (614 square kilometres) with estimated mean volumes of undiscovered gas in place of 37.6 trillion cubic feet. Egdon’s primary focus is the Gainsborough Trough where the results from the 2019 Springs Road-1 well highlighted a potentially world class resource in the Gainsborough Shale.Commenting, Mark Abbott, Managing Director of Egdon Resources plc, said:“This review is a logical and welcome move by the government. Gas heats over 80% of our homes and generates around 40% of our electricity and will continue to be an important part of our energy mix out to 2050 and beyond. UK shale gas could be a strategically important national resource with the potential to reduce the UK’s growing reliance on gas imports, whilst reducing gas prices, improving our balance of payments, increasing tax revenues and creating skilled jobs whilst importantly also reducing the carbon footprint of the gas we all use.”

Egdon Resources plc (AIM:EDR) advises that its application to extend the existing planning permission to drill the North Kelsey-1 exploration well was refused at today’s meeting of the Lincolnshire County Council Planning Committee.Commenting on the decision, Mark Abbott, Managing Director of Egdon Resources plc, said:“The decision of the Planning Committee is disappointing given the clear current need for the UK to secure further indigenous supplies of energy to reduce its reliance on imports, the compelling case presented and the positive recommendation of Lincolnshire County Council’s Planning Officer. Given this, we will bring forward an appeal against this decision without delay and will provide further updates in due course.”