Lincolnshire’s chief environment councillor says that fracking is one of the only quick measures available to help people with soaring energy bills. Forecasts have been made that the average household bill for gas and electric could top £5,000 when the energy regulator announces its new cap later in the year.
With factors including the war in Ukraine piling pressure on energy supplies around the world, there have been calls for the UK to produce more of its own energy. In Lincolnshire, several applications for solar farms have been made and plans were recently revealed for pylons running through the county’s countryside to take electricity to southern England.
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.
