Egdon Resources plc has increased its interests in two southern UK onshore oil licences after completing its acquisition of Aurora Production (UK) Ltd.
Private company Aurora Production, owned by vendor Aurora Petroleum Ltd, had an 18.75% interest in the Edgon-operated licence PL090 which contains the Waddock Cross oil field in Dorset.
It also held an 8.33% interest in the IGas-operated licence PEDL070 containing the Avington oil field in Hampshire.
Egdon Resources plc (LON:EDR) is an independent onshore focused oil and gas exploration and production business. An established oil and gas exploration and production business with 41 licences in proven oil and gas producing basins in the UK.