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From what i can gather some environmental consultant is holding up the whole well planning process since march 2020 thus the relisting.
Afraid to travel from wales to dorset due to covid 19 restrictions . Begs the question why dont the company get a consultant from near dorset ?
Hi Rob
As you are aware, the pandemic situation has changed very little since my last email of 26th March 2020 (below),
especially in Wales.
The Hydrogeologist we will instruct to carry out field work to satisfy Dorset Council’s information request is based in
South Wales. We do not want to instruct her to travel to a different part of the country when there is a chance of
either infecting people she may come into contact with or them infecting her. The same theory applies to the Ecologist
who is based in Kent. I am also based in South Wales and therefore currently unable to travel to accompany/meet
with the landowner or ecologist. As a result, we again respectfully request an extension to the timescale for the provision of information to satisfy
the Dorset Council request.
Hi Rob
I hope you are well.
In the same vein as my previous email of 9th June 2020 (below), the pandemic situation has changed very little,
especially in Wales, in fact we are back in a local lockdown due to a rise in COVID19 cases. This lockdown has already
extended across many additional parts of Wales on a county-by-county basis.
We still do not feel comfortable instructing surveyors to travel to site. Therefore, we again respectfully request an
extension to the timescale for the provision of information to satisfy the Dorset Council request. We request that
the timescale be extended by a further 17 weeks, taking us to 28th January 2021 when we can review the situation
again. I
All these delays re covid could go on for years ..its ridiculous ..doing a survey in a big open field has zero chance of catching covid ... its far riskier going into your local super market where chances of catching covid are 100000 times greater .. ..work is going on sites all over uk atm
Thanks for the info Ginksy
Do you know if the extension was granted, and if so has it been extended again. I see they were asking for 17 weeks , taking us to 28th Jan 2021, which will have now lapsed
Thanks again for anything you can share
My thanks as well Ginksy. My other observation is why does he even need to be there when the Ecologist visits? The person will be a professional and brief them ahead of time. In addition, there was plenty of last year where we weren't in lockdown.
JB thats a valid point...should not take much to phone the landlord and say the ecologist is calling at such a time to survey the area ...no need for anyone to physically meet up ... I say there are plenty of ecologists in the dorest area due to all the drilling in the area over the years that could easily do the job or at least work on a subcontracted basis.
The Covid didnt stop Egdon from working on their site and Id imagine there are numerous workmen on site .......
Egdon Resources plc (AIM: EDR, "Egdon") is pleased to provide an update on operations at the Wressle Oil Field Development ("Wressle") located in North Lincolnshire Licences PEDL180 and PEDL182 where the Company holds a 30% operated interest.
Operations to recomplete the well and reperforate the Ashover Grit reservoir interval have been completed safely and successfully as per the previously advised schedule.
Following the reperforation and its successful communication with the Ashover Grit reservoir interval free-flow of oil has commenced and the well has been placed on continuous 24 hour test production. The well is currently in the normal clean-up phase as the well is carefully brought on-stream.
The Company will provide a further detailed update when flow rates have stabilised on completion of clean-up.
Egdon Resources plc (AIM: EDR, "Egdon") is pleased to provide an update on operations at the Wressle Oil Field Development ("Wressle") located in North Lincolnshire Licences PEDL180 and PEDL182 where the Company holds a 30% operated interest.
Operations to recomplete the well and reperforate the Ashover Grit reservoir interval have been completed safely and successfully as per the previously advised schedule.
Following the reperforation and its successful communication with the Ashover Grit reservoir interval free-flow of oil has commenced and the well has been placed on continuous 24 hour test production. The well is currently in the normal clean-up phase as the well is carefully brought on-stream.
The Company will provide a further detailed update when flow rates have stabilised on completion of clean-up.
Egdon Resources plc (AIM: EDR, "Egdon") is pleased to provide an update on operations at the Wressle Oil Field Development ("Wressle") located in North Lincolnshire Licences PEDL180 and PEDL182 where the Company holds a 30% operated interest.
Operations to recomplete the well and reperforate the Ashover Grit reservoir interval have been completed safely and successfully as per the previously advised schedule.
Following the reperforation and its successful communication with the Ashover Grit reservoir interval free-flow of oil has commenced and the well has been placed on continuous 24 hour test production. The well is currently in the normal clean-up phase as the well is carefully brought on-stream.
The Company will provide a further detailed update when flow rates have stabilised on completion of clean-up.
Egdon Resources plc (AIM: EDR, "Egdon") is pleased to provide an update on operations at the Wressle Oil Field Development ("Wressle") located in North Lincolnshire Licences PEDL180 and PEDL182 where the Company holds a 30% operated interest.Operations to recomplete the well and reperforate the Ashover Grit reservoir interval have been comple
Very interesting. It’s almost like it’s just responses to placate whilst not really doing anything...
Yeah its a shame with Brent hovering around $62 dollars a barrel the demand for oil shares is back and a great time to relist especially a company that can be close to drilling ... but unfortunately management are petrified by the covid and the company remains in limbo until covid clears which is probably years away.
The board need to put a message out now at least to say what they are waiting for
There is at least three ecologist's in Dorest Why not get one of them .. not much travel required re covid ...
Abbas Ecology
No reviews · Environmental consultant
Dorchester, United Kingdom · +44 1305 889855
Website
Directions
Footprint Ecology
5.0
(2) · Environmental consultant
Wareham, United Kingdom · +44 1929 552444
Closed · Opens 9 a.m. Fri
Website
Directions
CGO Ecology Ltd
5.0
(2) · Environmental consultant
Christchurch, United Kingdom · +44 1202 798126
Open 24 hours
Brent over $67 and a great time to relist and start drilling in one of europes onshore oil hotspots but yet the company directors still hiding in their covid bunkers ... its ridiculous
I honestly just think this was a lifestyle company in the end Ginksy and doubt we will ever see any value out of it. GW is no spring chicken either.
GW would have a far greater lifestyle if he can get the company relisted and drilling
this company could reach anything from 10-20 million market cap on drilling with gw holding the majority of shares
if they find even a fifth of the oil found in wytch farm down the road your looking at a 100m plus market cap
GW didn't opriginally hold the majority of shares.
Now that vote of "yes" to his new deal has gone through a couple or 4 years ago, you lot have basically signed away any or all profit to GW.
You invest in a company to make money and yet yyou all signed it away in that stupid rush to get relisted !!!
ha ha, when was that again ?
its been so long Ive completely forgotten.
£8000 gone ! sorry not gone, just worth about £50 going on the market cap of £10- 20,000,000
You all sold your greedy souls for a quick relist without reading the small print properly.
I won't hold my breath here waiting.
Dorset Council’s strategic planning committee for march cancelled again ... planning for the oil drill seems to be a pipe dream at this stage
Guess its all being carried out in secret! Lol!
Why drag out and drag out and drag out and drag out and drag out and drag out and drag out and drag out l I sing all our money? Why hasn't Gerwyn got the balls /decency to come clean with us? He is old enough to have acquired a sense of same. Is he laughing at mug investors or simply laughing at supermugs?
Just had email @ 4.30 from Companies House. INFT have filed their accounts.
how do the accounts look ... how many millions in the bank
GW don't spend it all at once.
The questions are why he bothered filing accounts? and when and for what will the next fundraise? The pictures I saw of him a few years ago did not suggest a healthy man. I hope he is ok for all our sakes.