Difference between revisions of "Egdon Resources"

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(Activities: updated re increased stake in PEDL 68 near Kirby Misperton)
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==Activities==
 
==Activities==
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===Coal methane extraction==
 
In June 2014 Egdon bought significant shale assets in Britain from [[Alkane Energy]], which specialises in extracting conventional gas for power generation and has a long history of coal mine methane extraction (CMM).
 
In June 2014 Egdon bought significant shale assets in Britain from [[Alkane Energy]], which specialises in extracting conventional gas for power generation and has a long history of coal mine methane extraction (CMM).
  
In August 2016 the company increased its stake in a gas exploration and production licence near Redcar in North Yorkshire, where it sees the potential for future shale drilling. It acquired an extra 20 per cent in the PEDL 68 licence in the Cleveland Basin from [[DESS Energy]], taking its total share in the block to 68pc. <ref> Emily Gosden, [http://www.telegraph.co.uk/business/2016/08/22/egdon-boosts-stake-in-north-yorkshire-gas-field-with-shale-poten/ Egdon boosts stake in North Yorkshire gas field with shale potential], The Telegraph, 22 August 2016 </ref>
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===Shale gas exploration==
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In August 2016 the company increased its stake in a gas exploration and production licence near Redcar in North Yorkshire, where it sees the potential for future shale drilling. It acquired an extra 20 per cent in the PEDL 68 licence in the Cleveland Basin from [[DESS Energy]], taking its total share in the block to 68 per cent.
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The block comprises two areas about 20 to 30 miles north of Kirby Misperton, the site where [[Third Energy]] is getting ready to frack after North Yorkshire County Council approved its plans in June 2016.
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Egdon is also a junior partner in another new licence for shale gas exploration, PEDL 259, which the  Government provisionally awarded to [[Third Energy]] in the UK government's 14th Onshore Licensing Round. <ref> Emily Gosden, [http://www.telegraph.co.uk/business/2016/08/22/egdon-boosts-stake-in-north-yorkshire-gas-field-with-shale-poten/ Egdon boosts stake in North Yorkshire gas field with shale potential], The Telegraph, 22 August 2016 </ref>
  
 
==Partner companies in the UK==
 
==Partner companies in the UK==

Revision as of 11:50, 24 August 2016

FrackWell.png This article is part of the Spinwatch Fracking Portal and project

Egdon Resources is an independent Aim-listed oil and gas explorer.

Activities

=Coal methane extraction

In June 2014 Egdon bought significant shale assets in Britain from Alkane Energy, which specialises in extracting conventional gas for power generation and has a long history of coal mine methane extraction (CMM).

=Shale gas exploration

In August 2016 the company increased its stake in a gas exploration and production licence near Redcar in North Yorkshire, where it sees the potential for future shale drilling. It acquired an extra 20 per cent in the PEDL 68 licence in the Cleveland Basin from DESS Energy, taking its total share in the block to 68 per cent.

The block comprises two areas about 20 to 30 miles north of Kirby Misperton, the site where Third Energy is getting ready to frack after North Yorkshire County Council approved its plans in June 2016.

Egdon is also a junior partner in another new licence for shale gas exploration, PEDL 259, which the Government provisionally awarded to Third Energy in the UK government's 14th Onshore Licensing Round. [1]

Partner companies in the UK

Affiliations

People

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Website:

Resources

Notes

  1. Emily Gosden, Egdon boosts stake in North Yorkshire gas field with shale potential, The Telegraph, 22 August 2016