Egdon Resources plc announced that the company has been offered six licenses covering eight blocks or part blocks in the UK's 13th Landward Licensing Round. These licenses are located in the East Midlands and Wessex Basin and expand the Company's acreage and opportunity base within our core areas of activity.
Two further applications by the Company are also subject to further discussion with DBERR.
"We are delighted to have been awarded a high percentage of those blocks applied for in what has been a very competitive licensing round," said Mark Abbot, Managing Director of Egdon. "The blocks offered provide significant opportunities for growth and are excellent additions to the Egdon UK portfolio of interests. As an established operator with a strong license holding we are also encouraged by the level of interest shown in the onshore UK"
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