Egdon Resources [http://www.egdon-resources.com/] is UK based oil and gas exploration and production company listed on AIM (the alternative investment market).
With a value of £60m, it is in the media spot light as it has discovered shale gas (Fracking) on the UK mainland.
[http://www.shareshop.hsbc.co.uk/shareshop/security.cgi?csi=107045]
What is interesting is to see some of the major shareholders:
Yes, the UK’s Premier Oil [http://www.premier-oil.com/premieroil/] who own over 17% of the stock.
With Egdon having over 15 sites in the UK that it is currently investigating for oil and gas reserves. As oil becomes harder to find, and also with all the geo-political risks that face the global energy sector, domestically sourced energy is a great opportunity for the UK.