Egdon shares rise 80%+ as it agrees to £27m takeover
Egdon Resources, the company behind the UK’s newest onshore oil producer, announced this morning it has agreed to a takeover by Petrichor Partners.
Egdon Resources, the company behind the UK’s newest onshore oil producer, announced this morning it has agreed to a takeover by Petrichor Partners.
The oil and gas company, Angus Energy plc, is considering a potential sale as part of a strategic review of its options.
Campaign groups opposed to Third Energy’s plans to frack at Kirby Misperton in North Yorkshire said this afternoon they weren’t surprised by reports that the company was seeking funds from rival operators.