Egdon Resources provides an update on planned drilling operations on its East Midlands Properties.

As previously reported the Dukes Wood-1 well in Nottinghamshire licence PEDL118 was planned to commence prior to year end. However, delays in release of the rig from the previous operator has led to a short delay and the rig will now mobilise to the Dukes Wood well site during the first week of the New Year.

In addition, the Company has entered into a second contract with British Drilling and Freezing Limited for the drilling of two further wells at the Kirklington and Keddington oil fields in licences PEDL203 and PEDL005(Remainder) respectively.

The Kirklington-3 well will be a sidetrack of the existing Kirklington-2 production well and will target previously un-drained areas of the field. This well will be drilled immediately following completion of operations at Dukes Wood. It is then intended to move the rig to drill the Keddington-3 well which will be drilled as a sidetrack of Keddington-2y, again to access un-drained areas of the field and increase overall production levels.

Tags: Egdon Resources Plc