Egdon Resources plc has withdrawn its appeals against council refusal for exploratory drilling at North Kelsey because of an invalid lateral borehole but plans to submit a new application. LATERAL BOREHOLE The company added that the lateral borehole was a fundamental aspect of the exploratory well on PEDL241 to ensure all targets were fully explored. […]
Tag: North Kelsey – Lincolnshire
Egdon appeals against refusal for more time at North Kelsey
Egdon Resources plc said it had submitted an appeal against local authority refusal for more time to drill and test the exploration well at North Kelsey in Lincolnshire. NORTH KELSEY North Kelsey, in PEDL241 covering 55km2, is a conventional oil exploration prospect on trend with and analogous to the Wressle development which lies some 15km […]
Egdon refused more time for N. Kelsey well
Egdon Resources plc has been refused more time to drill the North Kelsey-1 exploration oil well in Lincolnshire. APPEAL The company had applied for a further 12-month extension to the existing planning permission from 2020. Managing director Mark Abbott said that the company would appeal against the county council’s decision. “The decision of the planning […]
Union Jack increases North Kelsey stake to 50%
Union Jack Oil plc has acquired a further 30% from Egdon Resources plc of the North Kelsey prospect PEDL241 in Lincolnshire. TERMS The onshore hydrocarbon exploration and development company paid a cash consideration of £100,000 and has now aligned its 50% interest with operator Egdon. Previous financial farm-in obligations in respect of the 20% interest […]
Egdon granted more time to drill North Kelsey-1
Egdon Resources Ltd has been granted more time to drill PEDL241, containing the North Kelsey-1 well in Lincolnshire. EXTENSION Operator Egdon holds 80% and Union Jack Oil plc 20% in the licence. Lincolnshire County Council first granted temporary planning permission to drill an exploratory conventional oil in 2014. Egdon has now been given a further […]