On 22 March 2022, Egdon announced strong production and financial results for the six month period ended 31 January 2022. Production of 205 boe/d in the half compares to 92 boe/d in the same period of the prior year. With full year guidance maintained at 240 boe/d the company anticipates a strong 2H 2022, supported by robust results at Wressle and Ceres. We believe the commodity price environment has created the perfect tailwind to capture positive operational momentum. We are surprised by the c ....
19 May 2022
Wh Ireland: Egdon Resources (EDR) - Updated Forecasts and Valuation
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Wh Ireland: Egdon Resources (EDR) - Updated Forecasts and Valuation
- Published:
19 May 2022 -
Author:
Brendan Long -
Pages:
6
On 22 March 2022, Egdon announced strong production and financial results for the six month period ended 31 January 2022. Production of 205 boe/d in the half compares to 92 boe/d in the same period of the prior year. With full year guidance maintained at 240 boe/d the company anticipates a strong 2H 2022, supported by robust results at Wressle and Ceres. We believe the commodity price environment has created the perfect tailwind to capture positive operational momentum. We are surprised by the c ....