It's good news all round for Egdon

Egdon Resources, a hydrocarbon explorer and producer, saw production, revenues and profit rise for the year ended 31 July.

Egdon Resources, a hydrocarbon explorer and producer, saw production, revenues and profit rise for the year ended 31 July.

The number of barrels of oil equivalent rose 73% from 27,056 to 46,919 year-on-year, leading to revenues of £2.38m, a 90% rise compared to the previous year (2010: £1.25m).

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.