document: Egdon is offering material equity offered for a promoted share of the well costs of an additional well at Kirkleatham in licence PEDL 068. As of September 2019, the opportunity was still available.  PEDL 068 is located in North Yorkshire and contains the Westerdale-1 and Ralph Cross-1 gas discoveries. Planning consent for the Kirkleatham Gas Field has been extended for a further seven years where a sidetrack will test up-dip Zechstein gas or deeper well to test underlying Carboniferous tight gas sands is planned. The sidetrack well is planned to be deviated and drilled to a depth of 6,890 ft (2,100 m). The COS on the well is 47%. Dry hole cost of the well is estimated at GBP 2.8 million (USD 4.5 million).     Interest in the licence is held by Egdon Resources UK Ltd (68% + operator), Dess Energy Ltd (22%) and Montrose Industries Ltd (10%).   For further information please contact:    Martin Durham    Email: Martin.Durham@egdon-resources.com
summary: Egdon is offering material equity offered for a promoted share of the well costs of an additional well at Kirkleatham in licence PEDL 068. As of September 2019, the opportunity was still available. PEDL 068 is located in North Yorkshire and contains