On behalf of Egdon Resources UK Limited, we obtained planning permission for a conventional exploration well at Wressle to the east of Scunthorpe in Lincolnshire in June 2013. Drilling operations took place in 2014.

The planned well was drilled as a deviated well to a total depth of about 2,300m. The gross mean prospective resources at Wressle, as calculated by Egdon, are estimated to be 2.1 million barrels of oil. A planning application was subsequently submitted by our team for long term hydrocarbon production.