Egdon Resources PLC Springs Road Planning Adjournment (8814L)
October 06 2016 - 5:15AM
UK Regulatory
TIDMEDR
RNS Number : 8814L
Egdon Resources PLC
06 October 2016
6th October 2016
EGDON RESOURCES PLC
("Egdon" or "the Company")
Springs Road Planning Adjournment
Egdon Resources plc (AIM:EDR) notes the announcement made after
market close yesterday by operator IGas Energy plc ("IGas") in
relation to the decision of Nottinghamshire County Council's
Planning and Licensing Committee in respect of the Springs Road
planning application. Egdon holds a 14.5% interest in PEDL140 where
the proposed wells are located.
The IGas statement reads as follows;
"IGas Energy plc ("IGas"), one of the leading producers of
hydrocarbons onshore Britain, notes that Nottinghamshire County
Council has deferred its decision on the IGas planning application
for exploration at Springs Road in order to consider a late legal
representation. The meeting is now expected to reconvene on 15
November 2016."
For further information please contact:
Egdon Resources plc
Mark Abbott 01256 702 292
Buchanan
Richard Darby, Anna Michniewicz 020 7466 5000
Nominated Adviser and Broker - Cantor Fitzgerald Europe
David Porter, Sarah Wharry (Corporate Finance) 020 7894 7000
Mark Westcott (Sales)
Joint Broker - VSA Capital Limited
Andrew Monk (Corporate Broking) 020 3005 5000
Andrew Raca (Corporate Finance)
Notes to Editors:
Egdon 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 and France.
Egdon currently holds interests in forty three licences in the
UK and France and is awaiting the issue of a further nine new UK
licences in the 14th Round. The Company has an active programme of
exploration, appraisal and development within its balanced
portfolio of oil and gas assets and is an approved operator in both
the UK and France.
Egdon was formed in 1997 and listed on AIM in December 2004.
This information is provided by RNS
The company news service from the London Stock Exchange
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