Another potential problem for Egdon down the line is whether fracking rules get changed. http://www.theguardian.com/environment/2014/mar/06/eric-pickles-double-standards-fracking-windfarm
Spud date for Wressle has been pushed back by several weeks from now.
whats occurred today ?
2 Mar '14
I'm still hopeful that matters will be resolved peacefully in Ukraine, but it's another reminder of why we should want to keep ourselves energy independent and not become dependent on Russian gas. Obviously it's gas from Qatar that's helping us at the moment, but I wonder if tensions like this will make the market more receptive to companies like Egdon and Europa with massive gas production potential.
1 Mar '14
Jazz, last chance to get this straight (I'm a bit dyslexic and previous post was all about RPS (reserve reports)). I think you must be referring to the RNS about shares issued under Enterprise Management Investment Scheme ... that's for staff only!
1 Mar '14
Oops, apologies for my muddled brain .. you can see I'm into PPC which has published its RNS. I haven't seen an EDR RNS. However the Edison report dated 20 Nov 2013 gives their figures for unrisked NAV in pence per share for each PEDL. You have to multiply by 0.91 as there are 10% more shares now.
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