Egdon’s interim results confirmed that production is on track to meet FY16 guidance of 180boe/d with 204boe/d delivered in the first half. In the short-term, investor focus is likely to remain on shale gas planning and development of the Wressle oil discovery. Planning decisions for Third Energy’s KM-8 and Cuadrilla’s Roseacre Wood and Preston New Road shale appraisal sites are expected over the next six months. Planning approvals potentially pave the way for exploration and
16 May 2016
A significant year for UK shale
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A significant year for UK shale
- Published:
16 May 2016 -
Author:
Sanjeev Bahl -
Pages:
8
Egdon’s interim results confirmed that production is on track to meet FY16 guidance of 180boe/d with 204boe/d delivered in the first half. In the short-term, investor focus is likely to remain on shale gas planning and development of the Wressle oil discovery. Planning decisions for Third Energy’s KM-8 and Cuadrilla’s Roseacre Wood and Preston New Road shale appraisal sites are expected over the next six months. Planning approvals potentially pave the way for exploration and