Egdon Resources — Merger or Acquisition (May 2014)
4 slides from Egdon Resources's merger presentation, May 2014
Slide 1: Proposed Acquisition of Alkane Energy UK Shale-Gas Acreage
Egdon Resources plc Proposed Acquisition of Alkane Energy UK Shale-Gas Acreage “Creating a significant new UK shale-gas player” Slide 1 May 2014
Slide 2: Proposed Acquisition of Alkane Energy UK Shale-Gas Acreage
Proposed Acquisition of Alkane Energy UK Shale-Gas Acreage • Egdon to acquire certain of Alkane’s shale-gas assets via a share based transaction creating a significant new UK shale gas player • 10 Licences totalling 66,867 net acres seen as prospective for shale-gas • Almost doubling of Egdon’s Shal
Slide 3: Proposed Acquisition of Alkane Energy UK Shale-Gas Acreage
Proposed Acquisition of Alkane Energy UK Shale-Gas Acreage Upper Bowland Unit Prospective “New” Egdon would be a dominant (BGS) player in the Gainsborough Trough Lower Bowland Unit Prospective (BGS) Gainsborough Trough Blacon/Craven Basin Alkane Licences to be acquired Map Adapted from BGS shale-gas
Slide 4: "New" Egdon Summary
“New” Egdon Summary The proposed transaction and fundraising; • Creates a material, focused onshore business with strong emphasis on shale growth, with a clear, funded strategy and business plan • Creates the third largest (by resource potential and net shale acreage) publically quoted UK shale-gas