Licence PEDL339

Louth prospect (part)

  • The group that was awarded the PEDL339 licence in December 2015 as part of the 14th Onshore Licensing Roun
  • Licence PEDL339 is located in Lincolnshire in the East Midlands Petroleum Province immediately west of PEDL005
  • Louth Prospect – 3D defined prospect lying partly in PEDL339 and partly in PEDLE005 and is the next up dip closure from the Keddington field
  • The prospect is estimated to have c.1.3 mmbls Gross Best Estimate Prospective Resources
  • A well targeting the Louth prospect is planned for 2019; work has started on obtaining the necessary permissions to drill this prospect

  1. Egdon Resources (Operator) – 65%
  2. Terrain Energy - 15%
  3. Union Jack Oil - 20%

Terrain Energy

Terrain Energy is developing a portfolio of oil and gas interests based in politically stable countries, with its current focus on the UK. Terrain Energy is seeking to further develop its balanced portfolio of interests with the emphasis on production orientated assets.


January 2017
The Whisby-6 well was successfully drilled in 2016 and encountered a good oil-saturated basal sandstone with initial production of 168 barrels of oil per day.....
[ full story ]

Contact Us

Terrain Energy Limited
104 Park Street

Phone: +44 (0)20 7518 1714

Location Map