Egdon set to explore Lincolnshire

UK shale explorer Egdon Resources yesterday said it had signed an agreement with Scottish Power to allow it to evaluate the potential of energy resources in Lincolnshire. Egdon has a year to explore, before either committing to drilling an exploration well, or else ending the agreement. Mark Abbott, Egdon managing director, said he was “delighted” with the deal which would allow it to develop its position within one of its core areas.