Egdon Resources provided a comprehensive operational update pursuant to which we are increasing our fair value estimate to 7.4p from 6.9p. The increase in fair value reflects principally the better than expected production results from the Wressle field. The change in our fair value estimate also reflects i) the inclusion of value for the potential of Waddock Cross for the first time ii) the inclusion of value for the potential of a developmental well at Keddinton for the first time and iii) an ....
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Egdon Resources (EDR) - Operational Update
- Published:
21 Sep 2021 -
Author:
Brendan Long -
Pages:
5
Egdon Resources provided a comprehensive operational update pursuant to which we are increasing our fair value estimate to 7.4p from 6.9p. The increase in fair value reflects principally the better than expected production results from the Wressle field. The change in our fair value estimate also reflects i) the inclusion of value for the potential of Waddock Cross for the first time ii) the inclusion of value for the potential of a developmental well at Keddinton for the first time and iii) an ....