Keyword results: Egdon Resources

UJO
UJO

Union Jack Oil – follows West Newton news with Wressle update and more to come… Buy

Union Jack Oil (UJO) has updated investors with news including that it is to provide a £1 million loan facility to Wressle oil field (Union Jack: 40% economic interest) operator Egdon Resources (EDR), which “as well as providing a commercial return on funds will also assist in the development of the Wressle oil field”, and Wressle “workover being completed and initial oil flows anticipated later in January 2021”

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UK Oil & Gas – Does the evidence support the view that Lyin' Steve Sanderson is grossly overpaid?

On more than one occasion both Tom Winnifrith and I have commented that Steve Sanderson is over-paid. It’s a claim we have both made, but neither have us put demonstrable evidenced numbers to that. I thought it was about time to substantiate and quantify just how much larger Steve Sanderson’s trouser pockets are compared to his peers, in celebration of Tom Winnifrith's virtual walk to Horse Hill yesterday.

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Bearcast
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Tom Winnifrith Bearcast - Forgive me while I point out how fecking clever I am - ref Defenx

On today's podcast I look at Defenx (DFX), Big Dish (DISH), ask whether Mothercare (MTC) is heading for 0p, comment on  Versarien (VRS), Kier (KIE), Petra Diamonds (PDL), Egdon Resources and other UK onshore oilers, frackers or not and at Woodford Patient Capital Trust (WPCT)

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UJO
UJO

Union Jack Oil – “transformative” Wressle development a step closer, with another next week?

With a 27.5% working interest in the Wressle development, Union Jack Oil (UJO) has noted a “Wressle Recommended for Approval by Planners” announcement from operator Egdon Resources (EDR)…

Bearcast

Tom Winnifrith Bearcast: Happy 50th to the Pizza Hardman, I celebrate my own a week early with the Mrs

I think it is Darren Atwater's 50th today. I wish him happy returns anyway. My own 50th is a week away but I celebrate a few days early so no bearcast tomorrow. In this podcast I discuss: Deltex (DEMG), Union Jack (UJO), Egdon (EDR), UK Oil & Gas (UKOG), FastForward (FFWD) and the bubble in pot stocks and why it must burst, Premier Africa (PREM) and the fraud MySquar (MYSQ) 

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UJO
UJO

Union Jack buys 20% stake in Fiskerton Airfield Oilfield - good deal

No this is not an airfield at all but a small oilfield seven miles from Lincoln. Union Jack Oil (UJO) is paying approximately £137,000 for a 20% stake. This figure includes a pro rata share of the Operator`s legal, licence, planning and acquisition costs. The other 80% is owned by operator Egdon Resources.

EDR
EDR

Egdon a buy at 9.25p - worth 35.5p claims house broker VSA after operational update

I have no axe to grind here and the caveat is that the house broker is paid by the client to write research so it is not impartial. But the upside predicted here for Egdon Resources (EDR) seems enormous and VSA is more honest than most brokers (okay there is a low bar in that contest) and as a lower risk play on UK Oil & Gas (UKOG) ramping this may be of interest. Today's note reads:

UJO
UJO

Photo Update: Union Jack Oil - Wressle news unlikely to please the naked protestors

Union Jack Oil (UJO) has noted an “Appeal & New Planning Application” announcement on the Wressle oil field (Union Jack: 15%, including 3.33% subject to approval from the Oil and Gas Authority) from operator Egdon Resources (EDR).

EDR
EDR

Egdon at 14.5p worth 38p says VSA

I praised the way that Egdon Resources (EDR) raised money yesterday in my bearcast. For that reason alone I publish a note out today by its house broker VSA. Please remember that house brokers are as impartial about corporate clients as I am when writing about how crooked Hillary Clinton should be sent to jail with her rapist husband and whining brat Chelsea. Notwithstanding that minor caveat, the note has some real substance.

UJO
UJO

Union Jack - picks up new acreage: good but no fat cigar: BUY

The UK's 14th onshore licensing round came to a close today with the final awards of new acreage and Union Jack (UJO) gets a win from the process. Egdon Resources has formally been awarded license PEDL 339 in the East Midlands and if Union Jack pays 20% of the cost of the first well - which it will - it gets a 10% interest.

EDR
EDR

Zak Mir's share tips of the year Number 2 - Buy Egdon Resources

2015 was the year when (at least for now), I had to swallow my disappointment regarding there possibly not being 1 billion barrels of oil under Gatwick airport. But it was the year when the long awaited shale gas / fracking revolution looked to be finally getting underway. While there are doubts about the possible environmental effects, poisoning aquifers, and of course the not in my back yard syndrome, the fact is that The Treasury needs the money to fund money guzzling organisations such as the NHS.

LGO
LGO

Zak Mir's Bulletin Board Heroes: Churchill Mining, Egdon Resources, Falkland Oil & Gas, Frenkel Topping Group, LGO Energy

Featuring shares in Churchill Mining (CHL), Egdon Resources (EDR), Falkland Oil & Gas (FOGL), Frenkel Topping Group (FEN) and LGO Energy (LGO) with share price targets for all five stocks.

LND
LND

Zak Mir's Bulletin Board Heroes: Egdon Resources, Eurasia Mining, Landore Resources, Kromek, Mariana Resources, Outsourcery

Featuring shares in Egdon Resources (EDR), Eurasia Mining (EUA), Landore Resources (LND), Kromek (KMK), Mariana Resources (MARL), Outsourcery (OUT) , together with some share price targets.

88E
88E

Zak Mir's Bulletin Board Heroes: 88 Energy, Armstrong Ventures, Egdon Resources, Jubilee Platinum, Inspirit Energy, Imaginatik

Featuring shares in 88 Energy (88E), Armstrong Ventures (AVP), Egdon Resources (EDR), Jubilee Platinum (JLP), Inspirit Energy (INSP), Imaginatik (IMTK) with share price targets for all five stocks.

EDR
EDR

Zak Mir's Bulletin Board Heroes - Cap-XX, Castle Street, Egdon Resources, Mobile Streams, Northcote Energy

Featuring Cap-XX (CPX), Castle Street (CSI), Egdon Resources (EDR), Mobile Streams (MOS), Northcote Energy (NCT)

CHA
CHA

Zak Mir's Bulletin Board Heroes - Featuring Amur Minerals, Concha, DDD Group, Egdon Resources, Urals Energy

Featuring Amur Minerals (AMC), Concha (CHA), DDD Group (DDD), Egdon Resources (EDR), Urals Energy (UEN)

AMC
AMC

Zak Mir's Bulletin Board Heroes - Featuring Amur Minerals, Ariana Resources, Egdon Resources, Goldstone Resources

Featuring Amur Minerals (AMC), Ariana Resources (AAU), Egdon Resources (EDR), Goldstone Resources (GRL)

Bearcast

Tom Winnifrith Bearcast 23 March

The placing song is back again as crony capitalist Steve Berry issues another joke of an RNS for Touchstone Gold. The podcast also covers Clean Air Power (CAP) where surely there is an R missing in the epic, SpaceandPeople, Egdon, Europa Oil & Gas and an update on the latest legal proceedings against The Sheriff of AIM and some comments on my over-optimistic pal Malcolm Stacey and his take on the markets

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ALK
ALK

Alkane Energy Trading Statement: buy at 42.5p target 54p says VSA

Alkane Energy (ALK), the UK gas to power producer, has released a pre-close trading update for the six month period to 30 June 2014. Analyst Edward Hugo at house broker VSA has reiterated his buy stance on the stock at 42.5p in the wake of the news and argues that the shares are worth 54p. He writes:

ALK
ALK

Alkane Energy at 43.5p worth 54p?

Alkane Energy (ALK) shares have reacted well to the sale of assets to Egdon Resources (EDR) but is there still upside at 43.5p? Broker VSA reckons so, arguing for a base case valuation of 54p a share in a long and detailed note.

EDR
EDR

Egdon at 27.3p worth 67p?

Commissioned researcher Edison reckons that the recent deal with Alkane is cracking news for Egdon Resources (EDR) and that at a 27.3p share price this is a bargain. It reckons fair value is 67p – house broker VSA reckons 60p as you can see HERE.

EDR
EDR

Egdon at 25.5p worth 60p?

Top resource broker VSA has initiated its coverage of Egdon Resources (EDR), following its purchase of Alkane Energy assets, at 25.5p with a buy stance and 60p target – this it argues is THE play on UK shale.

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