Biscathorpe Planning Consent Refused

Egdon Resources plc (AIM:EDR) advises that its planning application for a side-track drilling operation, associated testing and long-term oil production at the Biscathorpe site, was refused at today’s meeting of the Lincolnshire County Council Planning Committee.The application had been recommended for approval by Lincolnshire County Council’s planning officers.We will await the formal decision notice before taking advice and considering our options including an appeal.