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Egdon Resources has submitted plans to West Lindsey District Council to drill for oil at North Kelsey, with the creation of 12 jobs.
Egdon Resources has won a licence to drill for gas near Robin Hood's Bay in North Yorkshire, which could create up to 30 jobs.
Egdon Resources has won planning permission to expand its Kirkleatham gas field development in North Yorkshire by the end of 2010.
Egdon Resources is to seek planning permission next year for a gas storage cavern under Portland Bill in Dorset, which could hold up to 1bn cubic metres of gas.