Egdon Resources PLC Submission of Biscathorpe Planning Appeal (1726I)
13 Abril 2022 - 1:00AM
UK Regulatory
TIDMEDR
RNS Number : 1726I
Egdon Resources PLC
13 April 2022
13 April 2022
EGDON RESOURCES PLC
("Egdon" or "the Company")
Submission of Biscathorpe Planning Appeal
Egdon Resources plc (AIM:EDR) is pleased to advise that further
to the announcement of 25 January 2022, it has submitted an appeal
against the refusal of planning permission by Lincolnshire County
Council for a side-track drilling operation, associated testing and
long-term oil production at the Biscathorpe site (the "Appeal"),
held under licence PEDL253 .
Egdon is operator of PEDL253 and holds a 35.8% interest in the
licence.
The appeal documentation was submitted to the Planning
Inspectorate ("PINS") on 12 April 2022. The appeal will now be
validated by PINS before an Inspector is appointed and a timetable
is defined. The expectation is that the appeal will be decided
under the written representations procedure , a process where PINS
will consider written evidence from the appellant, the local
planning authority and anyone else who has an interest in the
appeal.
For further information please contact:
Egdon Resources plc
Mark Abbott, Martin Durham 01256 702 292
Buchanan
Ben Romney, Jon Krinks 020 7466 5000
Nominated Adviser & Joint Broker - WH Ireland Limited
Chris Hardie, Megan Liddell 020 7220 1666
Joint Broker & Financial Advisors - VSA Capital Limited
Andrew Monk (Corporate Broking) 020 3005 5000
Andrew Raca (Corporate Finance)
This announcement contains inside information for the purposes
of Article 7 of the UK version of Regulation (EU) No 596/2014 which
is part of UK law by virtue of the European Union (Withdrawal) Act
2018, as amended ("MAR"). Upon the publication of this announcement
via a Regulatory Information Service, this inside information is
now considered to be in the public domain.
Notes to Editors:
Egdon Resources plc (LSE: EDR) is an established exploration and
production company focused on the hydrocarbon-producing basins of
the onshore UK.
Egdon holds interests in 37 licences in the UK and has an active
programme of exploration, appraisal and development within its
portfolio of oil and gas assets. Egdon is an approved operator in
the UK. Egdon was formed in 1997 and listed on AIM in December
2004.
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END
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