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EDR.L (EDR) Share News

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UK Budget Details Allowances, Tax Reviews For Oil And Gas Projects

19th Mar 2014 16:28

LONDON (Alliance News) - UK Chancellor of the Exchequer George Osborne Wednesday moved to encourage firms to seek out remaining North Sea oil and gas reserves, pledging financial support for drilling in more expensive and more difficult ways. In his annual budget, Osborne announced a new al Read More

PRESS: Cuadrilla England North West Shale Gas Estimates Jump - BBC

5th Mar 2014 06:57

LONDON (Alliance News) - Energy firm Cuadrilla Resources Ltd has announced that tests at its shale gas resource in the North West of England may have increased the resource by over 50%, according to the BBC on Wednesday. A geologist with Cuadrilla has increased the estimates of gas in place Read More

Egdon Resources Completes Share Placing To Raise GBP3.0 Million

11th Feb 2014 11:32

LONDON (Alliance News) - Egdon Resources PLC Tuesday said it has completed the placing of 12 million new shares at 25 pence per share, raising roughly GBP3.0 million. The onshore hydrocarbon exploration and development company said the proceeds will be used to strengthen its working capital Read More

CORRECT: UK MORNING BRIEFING: Shares Open Higher But Barclays Down On Results

11th Feb 2014 09:36

<span style="color: #333333; font-family: HelveticaNeue, 'Helvetica Neue', HelveticaNeueRoman, HelveticaNeue-Roman, 'Helvetica Neue Roman', TeXGyreHerosRegular, Helvetica, Tahoma, Geneva, Arial, sans-serif; font-size: 13px; font-style: normal; font-variant: normal; font-weight: 300; letter-spa Read More

UK MORNING BRIEFING: Shares Open Higher But Barclays Down On Results

11th Feb 2014 08:32

LONDON (Alliance News) - UK shares have opened higher Tuesday ahead of the testimony later in the day by new US Federal Reserve Chair Janet Yellen. <br /><br /><strong>Barclays</strong> has said it is in a position to increase its leverage ratio target, despite a loss in its final quarter. Bar Read More

Two New Fracking Sites In Lancashire Announced By Cuadrilla Resources

4th Feb 2014 12:14

LONDON (Alliance News) - Energy firm Cuadrilla Resources Ltd has announced two new UK shale gas exploration sites in Lancashire. Staffordshire-based Cuadrilla said Tuesday it is consulting local residents on its plans and will now apply for planning permission to drill and frack at sites at Read More

Total Completes Deal To Start Fracking In Nottinghamshire, Yorkshire

4th Feb 2014 10:23

LONDON (Alliance News) - Igas Energy PLC and Egdon Resources PLC Tuesday said they have completed their sale of interests in the UK licences PEDL139 and PEDL140 to Total E&P UK Ltd, part of France's Total SA. The onshore exploration and development oil and gas companies said that all of the Read More

UK MIDDAY BRIEFING: Equity Markets Turn Lower Again

30th Jan 2014 13:54

LONDON (Alliance News) - Global equity markets have turned lower once again Thursday after the Federal Reserve cut its massive monthly bond-buying by a further USD10 billion late Wednesday, taking it down to USD65 billion, from USD85 billion in November.<br /><br />Equity markets had risen in Read More

UK WINNERS & LOSERS: Serco Plummets On Profit Warning

30th Jan 2014 11:41

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>British Sky Broadcasting</strong> Group, up 3.1%. BSkyB has raised its dividend Read More

Egdon Sells Interest In Another UK Exploration Licence To Total

30th Jan 2014 11:06

LONDON (Alliance News) - Egdon Resources PLC and its partners Thursday announced an opt-in agreement with Total E&P UK Ltd for its UK exploration and development licence PEDL209 in Lincolnshire. The onshore hydrocarbon exploration and development company said that under the terms, the subsi Read More

UK MIDDAY BRIEFING: UK Companies Start To Feel Sterling Pinch

15th Jan 2014 12:41

LONDON (Alliance News) - UK companies Wednesday started to warn that they are facing a profit hit from the gains sterling has made over the last six months, as revenues they bring back from sales overseas are worth less when translated into pounds. Luxury fashion house Burberry Group, polym Read More

UK WINNERS & LOSERS: Burberry Leads FTSE 100; Centrica, SSE Hit By Downgrade

15th Jan 2014 11:11

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday. ------- FTSE 100 - WINNERS Burberry Group, up 5.2%. The luxury fashion retailer has reported that its retail revenue rose 14% in the third quarter, w Read More

UK Oil & Gas To Buy 10% Interests In Eakring-Dukes Wood And Kirklington Oil Fields

15th Jan 2014 10:43

LONDON (Alliance News) - UK Oil & Gas Investments PLC Wednesday said it plans to buy Angus Energy Eakring Development Limited and Angus Energy Kirklington Development Limited for GBP290,000 as it seeks to expand its interest in UK oil fields. Earking and Kirlington own 10% interests in onsh Read More

Egdon Resources Pretax Loss Narrows On Production Increase

6th Nov 2013 10:42

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Egdon Resources Acquires Key Seismic Study In Dorset

17th Oct 2013 10:46

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Egdon Resources Starts Production At Waddock Cross Oil Field In Dorset

2nd Oct 2013 09:36

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