PEDL253 Location Map

Latest News

All of EnCore’s onshore licences are part of the transaction which will see the licences transferred to Egdon Resources in return for a significant share holding in Egdon. The agreements relating to this transaction have been signed but the transaction has not yet completed. Please see the press releases dated 22 March 2010 and 23 September 2009 for further information on the transaction.

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PEDL253 is located in the East Midlands between the towns of Louth and Market Rasen and on the west flank of the Humber Basin.  The Humber Basin contains the Carboniferous-age Keddington oil field and Saltfleetby gas field.  The licence itself contains the Biscathorpe-1 well, which was drilled in 1987 by BP to a target depth of 2,075 metres and contains good hydrocarbon shows in the Carboniferous interval. 

3D seismic reprocessing work has been completed with a view to drilling a well to appraise the Biscathorpe structure in 2010 or 2011.

EnCore news releases on the Humber Basin:

22 March 2010 - Sale of Assets to Egdon Resources

23 September 2009 - Potential Asset Divestment

25 June 2009 - Activity update

20 June 2008 - 13th Onshore Licensing Round Award