Egdon Resources PLC Wressle Development - New Planning Application (9545D)
May 03 2017 - 2:00AM
UK Regulatory
TIDMEDR
RNS Number : 9545D
Egdon Resources PLC
03 May 2017
3 May 2017
EGDON RESOURCES PLC
("Egdon" or "the Company")
Wressle Development - New Planning Application
Egdon Resources plc (AIM:EDR) announces the submission on 28
April 2017 of a new Planning Application ("the Application") for
the Wressle field development. The Application includes additional
detailed information to address the specific concerns raised by
North Lincolnshire Council in its 11 January 2017 decision to
refuse planning consent for the development of the Wressle Oil
Field at Lodge Farm, Wressle, North Lincolnshire. The Application
will now be validated by North Lincolnshire Council planning
department, a procedure that usually takes one to two weeks.
As previously announced on 11 April 2017, Egdon has already
submitted an appeal against North Lincolnshire County Council's
decision to refuse planning consent.
Egdon believe that this dual track approach will provide the
best opportunity for a successful planning outcome with the minimum
delay.
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)
Mark Westcott (Sales)
020 7894 7000
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.
Egdon holds interests in 43 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.
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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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