Egdon Resources (EDR)# has announced that it has acquired an additional 20% WI in PEDL068 from DESS Energy to bring its total WI in the licence to 68%. As part of the deal EDR will pay DESS’ 20% share of costs for the next six months and also will accept liability for DESS’ 20% share of the existing liability for the Kirkleatham site and the Kirkleatham-1 well but not for any future works.
