7 Sep 2011 12:36
7 September 2011 For Immediate Release
EGDON RESOURCES PLC
("Egdon" or "the Company")
Marwells Wood-1 Testing Update
Egdon Resources plc (EDR:AIM) note the release made today by Northern Petroleum plc ("Northern") advising that it has started operations for an extended well test of the Markwells Wood-1 oil discovery in West Sussex licence PEDL126 where Egdon hold a 10% interest.
Northern have advised that the workover rig arrived on site yesterday and that the production string is being installed prior to the installation of testing facilities to enable testing operations to begin in early October 2011.
For further information please contact:
Egdon Resources plc
Mark Abbott 01256 702292
www.egdon-resources.com
Buchanan
Richard Darby, James Strong, Gabriella Clinkard 020 7466 5000
Nominated Adviser and Broker - Seymour Pierce
Jeremy Porter, Sarah Jacobs (Corporate Finance) 020 7107 8000
Richard Redmayne (Corporate Broking)
Notes to Editors:
Egdon Resources plc
Egdon Resources plc (LSE: EDR) is an established UK-based exploration and production company primarily focused on onshore exploration and production in the hydrocarbon-producing basins of the UK and Europe.
Egdon currently holds interests in 31 licences in the UK and France and has an active programme of exploration, appraisal and development within its balanced portfolio of oil and gas assets. Egdon is an approved operator in both the UK and France.
Egdon was formed in 1997 and listed on AIM in December 2004.
www.egdon-resources.com
In accordance with the AIM Rules - Note for Mining and Oil and Gas Companies, the information contained in this announcement has been reviewed and signed off by the Managing Director of Egdon Resources plc Mark Abbott, a Geoscientist with over 25 years' experience.