RNS Releases
29 March 2007 - Submission of planning PDF Print E-mail
Submission of Planning and Pipeline Authorisation Applications for the
Portland gas storage project


Egdon Resources Plc (“Egdon”), the onshore UK focused energy company, is pleased to announce that its wholly-owned subsidiary, Portland Gas Storage Limited (‘Portland Gas’) has submitted today a series of applications to seek permission to build a natural gas storage facility on the Isle of Portland and for the other infrastructure necessary to take and return gas to National Grid’s Transmission System.

Portland Gas has submitted a total of seven applications; a pipeline construction authorisation application submitted to the Department of Trade and Industry and a further six planning applications submitted to Dorset County Council.

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27 December 2006 - Project management contract signed for Portland Project PDF Print E-mail
Egdon Resources Plc (AIM : EDR), the onshore UK focused energy company, today announces that Portland Gas Limited (‘Portland Gas’), its wholly owned subsidiary, has entered into a project management contract with Penspen Limited (‘Penspen’).

Effective from 1st January 2007, Penspen’s responsibilities will include management of Front End Engineering Design (‘FEED’) leading to tendering contractors for the Engineering, Procurement and Construction (‘EPC’) of the proposed gas storage project on the Isle of Portland, Dorset.
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4 September 2006 - Portland Gas Storage project update PDF Print E-mail
Egdon Resources Plc (AIM : EDR), the onshore UK focused energy company, today provides an update on its gas storage project on the Isle of Portland in Dorset.

Portland Gas Limited (‘Portland Gas’), a wholly owned subsidiary of Egdon Resources Plc, is pleased to report that it has received a report from DEEP. Underground Engineering GmbH of Germany confirming the technical feasibility of the proposed gas storage facility in Dorset. Subject to obtaining planning approval for the project, Portland Gas will commence construction as soon as possible.

Following analysis of the data acquired from the Portland-1 well, which completed drilling operations on 21 June 2006, Portland Gas can now confirm that it proposes to develop a facility comprising 14 caverns within the Triassic Saliferous Beds capable of storing 1000 million cubic metres (35 billion cubic feet) of natural gas.

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28 June 2006 - Portland Gas Storage Project Update PDF Print E-mail
Egdon Resources Plc (AIM : EDR), the onshore UK focused energy company, today provides an update on its gas storage project on the Isle of Portland in Dorset.

Portland Gas Limited (‘Portland Gas’), a wholly owned subsidiary of Egdon Resources Plc, is pleased to report that drilling operations for the Portland-1 borehole have been completed and the BDF Rig 28 is expected to be released within the next 24 hours.

A total drilled depth of 2929 metres was reached in the Triassic Sherwood Sandstone on 21st June 2006.

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16 May 2006 - Portland-1 Operations Update PDF Print E-mail
Egdon Resources Plc (AIM : EDR), the onshore UK focused energy company, today provides an update on its gas storage project on the Isle of Portland in Dorset.

Portland Gas Limited (‘the Company’), a wholly owned subsidiary of Egdon Resources Plc, is drilling the Portland-1 borehole on the Isle of Portland, Dorset to confirm that a halite sequence (called ‘S7’ by the Company), within a Triassic salt sequence (‘Saliferous Beds’) of the Wessex Basin, is suitable for the creation of caverns to store natural gas.

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