OVERVIEW

 St. Laurent Permit (Grenade Discovery)

  • Egdon Resources Operator (33,423 %), Sterling Resources Ltd (33,423 %), Nautical Petroleum (22%), Mediterranean Oil and Gas Plc (11,154%)
  • Licence Area covers the Grenade Oil Field which is an undeveloped heavy oil accumulation originally discovered by Elf in 1975 (10° API)
  • Large Gas Leads under assessment 

 

Grenade 3 (GAR 3) appraisal well results:

The purpose was to obtain commercial flow rates of 10 API heavy oil.

The well was drilled January 2008 and was suspended because of lacking of porosity in the limestone targets

 Donzacq Permit Application

  • Egdon Resources Ltd. Operator (33,423%), Sterling Resources Ltd(33,423%), Nautical Petroleum Plc 22%), Mediterranean Oil and Gas Plc (11,154%)
  • Application submitted to the Ministere de L'Ecologie, de L'Energie, du Development Durable et de l'Amenagement du Territoire in December 2008.