Oil partners “optimistic” about finding oil with Biscathorpe sidetrack
An oil formation in Lincolnshire, missed by a well drilled last year, could be reached by a new sidetrack, a group of companies said today.
Wressle production will “break even at $17.62/barrel” – operator
Production from the Wressle oil site near Scunthorpe will break even at $17.62 a barrel, the operator, Egdon Resources, has said. In an update, the company’s managing director, Mark Abbott, said: “Our modelling shows that the Wressle development is economically robust at and below the current oil price […]
Egdon wins appeal on extending consent at Wressle wellsite
Egdon Resources has won an appeal over the right to operate its Wressle wellsite for another year.
Biscathorpe oil well spudded
Edgon Resources confirmed this afternoon it had begun drilling its oil exploration well at Biscathorpe, near Louth in Lincolnshire.
Egdon submits third planning application for Wressle site
Egdon Resources says it has submitted another planning application for oil production at the Wressle site near Scunthorpe.
Egdon to make new planning applications for Wressle
Egdon Resources announced today it was “fully committed” to its oil well at Wressle near Scunthorpe and would submit new planning applications to develop the site.
Egdon begins appeal against refusal of Wressle oil production plans
Egdon Resources plc announced this morning it had begun its appeal against the refusal of planning consent for its Wressle oil site near Scunthorpe.
