Egdon Resources announced that production and revenues for the six month period ended 31 January 2023 amounted to 253 boe/d and £3.725M, respectively, which compares to our estimates of 223 boe/d and £3.673M. We believe that Wressle has outperformed and that the downtime Wressle experienced in the autumn did not affect production in the period as much as we had expected. We believe that the company's realised pricing on oil produced at Wressle was less than we had forecast. The company indicated ....

20 Mar 2023
Egdon Resources - Strong Interim Period Trading Statement

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Egdon Resources - Strong Interim Period Trading Statement
Egdon Resources announced that production and revenues for the six month period ended 31 January 2023 amounted to 253 boe/d and £3.725M, respectively, which compares to our estimates of 223 boe/d and £3.673M. We believe that Wressle has outperformed and that the downtime Wressle experienced in the autumn did not affect production in the period as much as we had expected. We believe that the company's realised pricing on oil produced at Wressle was less than we had forecast. The company indicated ....