Egdon Resources Receives Permission For Onshore PEDL253 Block In Lincolnshire, U.K.

Drilling Activity Details

Locations

United Kingdom

Post Date
Shore Type
Well Name
#2-Biscathorpe
Geo Coordinate

Drilling Activity Summary

Description

Hampshire, U.K.-based Egdon Resources Plc has received permission to drill exploration well #2-Biscathorpe in onshore Lincolnshire, U.K., in the PEDL253 Block Biscathorpe Prospect. The venture is on the southern margin of the Humber Basin, on trend with and west of Keddington Field and Saltfleetby gas field. It is one of the largest remaining undrilled onshore U.K. oil prospects where there is stratigraphic trapping. A 2,100-m vertical well is targeting Carboniferous Westphalian A-aged Basal Sand. Biscathorpe has a mean gross prospective resource of 14 MMbbl. Egdon Resources is the operator of PEDL 253 and the test with 35.8% interest in partnership with Montrose Industries, 22.2%; Union Jack Oil, 22.0%; and Humber Oil & Gas, 20%.