The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Before traders all back and things hot up again!
Good confident buy.
I just think that with the progressive movement of announcements over the last 12 months has massively derisked this share and we should be up there above 32.00 but obviously its the overall oil price and chinese market that is bringing us down. Once these two factors stabilise i think we will move up. Until then who knows. Thats my opinion, what does everyone else believe?
I feel this share is massively undervalued and hopefully a re rate is due.
Well if your not invested here why linger round. Bye.
May be worth keeping your links off the boards if your invested in Fracking. Unless you are totally mental and like your shares to drop. Just a thought ;) Not saying its a bad thing to drop in the opposition links but why would you unless you are a protester.
Your either a de ramper trying to get in lower or a tree hugging leftie - which is it?
Sorry - i was referring to the link lower down.
http://www.thecsuite.co.uk/CEO/index.php/finance/309-edenville-energy-share-price-453543
EGDON RESOURCES PLC ("Egdon" or "the Company") Egdon to be offered blocks in the 14th Onshore Oil and Gas Licensing Round first tranche Egdon Resources plc (AIM:EDR) notes that the Oil and Gas Authority ("OGA") has today announced the blocks to be offered in the first tranche of the 14th Onshore Oil and Gas Licensing Round, which closed on 28th October 2014. The management of Egdon are pleased to announce that the Company has been advised it will be offered a total of seven blocks or part blocks in this first tranche. The blocks are located in the East Midlands Petroleum Province and expand the Company's acreage and opportunity base within one of its core areas of activity. The blocks to be offered provide a mix of new conventional, shale-gas and tight-oil opportunities. In the Gainsborough Trough, the Company is to be offered a 15% interest in Blocks SE41e, SK49, SK89e, SK88b and SK87c. These blocks will be in a joint venture with IGas (35% and operator) and Total E&P UK Limited (50%), building on the Company's existing relationships within this area. In the Widmerpool Basin, Egdon will be offered an 18.75% operated interest in Blocks SK52a and SK53 in a joint venture with Hutton Energy Limited (25%), Coronation (Oil and Gas) Limited (25%), Celtique Energie Petroleum Limited (18.75%) and Petrichor Energy UK Limited (12.5%). Egdon also applied for a number of additional blocks in other areas and notes that a second tranche of 14th round offers are expected to be made at a later date after the conclusion of a consultation under the Conservation of Habitats and Species Regulations 2010, which has today been announced by OGA. Commenting on the offers, Mark Abbott Managing Director of Egdon Resources said; "We are delighted to have been advised we will be offered a number of high quality blocks in what has been a very competitive licensing round. The new blocks provide significant opportunities for growth and will be excellent additions to Egdon's UK portfolio of interests. As an established operator with a strong licence holding, we are also encouraged by the high level of interest shown in the onshore UK. We now await the results of the second tranche of offers with interest."
have not been given my added shares that i bought yet. I thought these would have been added this morning but they not showing in my lloyds account?
I trust when we look for REAT on monday we be able to find the charts etc as i can't find it at the moment?
to actually see REAT trading graph and our new shares average etc in our accounts - anybody any ideas?
my average in the end. Hope i don't regret it.
Where is this going to go on opening? Any opinions?
Egdon Resources plc (LSE: EDR) is delighted to note that Europa Oil and Gas (Holdings) plc ("Europa") has today announced that the Planning Inspector has allowed the appeal and granted permission for the Holmwood Exploration Well in PEDL143 in Surrey. Europa's RNS contained the following information: Europa Oil & Gas (Holdings) plc … is pleased to announce that the Planning Inspectorate has allowed Europa's appeal against Surrey County Council's decision not to grant permission to drill one exploratory borehole and undertake a short term test for hydrocarbons at the Holmwood prospect ('Holmwood') in the PEDL143 licence in the Weald Basin, Surrey. The Holmwood prospect is to be drilled as a deviated exploration well and a further planning application for the underground well path was submitted to Surrey County Council on 14 May 2014. It is understood that Surrey County Council will make a decision on this application now that the Planning Inspectorate has issued its decision on the planning appeal. Europa and its partners will wait until Surrey County Council makes its decision on the underground well path before considering next steps on this licence. An application for planning permission to drill the Holmwood prospect on PEDL143 was submitted in 2008 and was dismissed by Surrey County Council in 2011. A planning appeal in 2012 was dismissed by the Planning Inspectorate. Europa successfully challenged this decision in the High Court in 2013. In 2014 the Court of Appeal upheld the 2013 High Court judgment in the company's favour and a second planning appeal was heard at an eight day public inquiry in April and June 2015. The Planning Inspectorate issued a decision to allow the appeal on 7 August 2015. Europa's CEO Hugh Mackay said "We are pleased with the Planning Inspectors decision. With mean gross un-risked prospective resources of 5.6 million barrels of oil, as estimated in a CPR published in June 2012, and a one in three chance of success, we regard Holmwood as one of the best undrilled conventional prospects in onshore UK and we await Surrey County Councils decision on the underground well path with interest." Egdon will be carried on the drilling costs for the Holmwood well on its 18.4% interest up to a set spending limit under the terms of an agreement announced on 29 June 2015 with UK Oil & Gas Investments plc. The interests in PEDL143 on completion of the UKOG farm-in will be: Europa 40.0% (operator) Egdon Resources U.K. Limited 18.4% Warwick Energy Ltd. 20.0% UK Oil & Gas Investments plc 20.0% Altwood Petroleum Ltd. 1.6%
Still have not made up my mind. My average is 0.577 and i will have 19902 shares. Even if i subscribe another 19902 worth my average will be way too high around 8p i think.
Yes - i was told the same but they issued this today...Open Offer - Correction of Issue Price. 2 New Verdes Management PLC Ordinary shares (post-consolidated) for every 75 Existing Ordinary shares held at an Issue Price of 1.68 pence per New Ordinary share. We are writing with regard to our communication of 3rd August 2015, regarding the Open Offer being undertaken by Verdes Management PLC. It has been brought to our attention that the Issue Price stated in notification ref 0000034633 was incorrect. The Issue Price is 1.68 pence per New Ordinary share and not GBP1.68. Please be advised that all other terms and dates associated with the Open Offer remain the same and, should you wish to elect to subscribe for New shares at 1.68 pence under the Offer, you should do so under notification 0000034633. Should you wish to find more information about the Open Offer, please visit the Verdes website, www.verdes-group.com/.
Thanks for the info - i suppose I'm just trying my best to work out whether to take the risk and buy the extra £222 shares with my 0.577 average previously. Not sure exactly what the final average will be exactly with my existing 19902 but its going to be waaaay off ever reaching that in the short term.