Oil prices are continuing to climb toward the $100 mark this week thanks to supply disruptions in Libya and expectations of a further U.S. inventory draw. As the oil markets
Egdon Resources plc (LON:EDR), the UK Energy Company, has noted the press release made this morning by Europa Oil and Gas (Holdings) plc in relation to the Cloughton gas discovery
Oil prices hovered above $90 a barrel on Friday, on track to end the week higher as investors chose to focus on tighter supply, despite broader macroeconomic uncertainty. Both oil
Egdon Resources plc (LON:EDR), the UK Energy Company, has advised that further to the announcement of 7 August 2023, Egdon, York Energy (UK) Holdings Limited and Cuadrilla North Cleveland Limited have executed a
Egdon Resources plc has started to install artificial lift on the Wressle-1 oil well to optimise production at the joint venture project in North Lincolnshire. The partners on PEDL180 and 182
Egdon Resources sale to Petrichor Partners LP has progressed following satisfaction of the oil and gas regulator’s condition. The purchaser has confirmed receipt of the North Sea Transition Authority’s ‘comfort letter’ in
Egdon Resources plc (LON:EDR) has provided an update on the recommended all cash acquisition by Petrichor for the entire issued and to be issued ordinary share capital (other than those shares
The International Energy Agency (IEA) says that global oil demand has hit a record and may rise further in August, reports the Financial Times. The paper continues: “Demand reached an
Egdon Resources plc will become operator of the onshore Weaverthorpe gas prospect after exercising a farm-in option and signing a further agreement for the North Yorkshire project. The company has
Egdon Resources PLC on Monday said it has exercised its farm-in option for the onshore production licence PL081 in the UK North Sea under its agreement with York Energy (UK)
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