Daily Mail

STOCK WATCH

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GAS pro­duc­tion has stepped up at the Ceres field in the south­ern North Sea giv­ing Eg­don Re­sources a boost.

Eg­don owns 10pc of the Ceres field, which is op­er­ated by Cen­trica’s Spirit En­ergy.

Eg­don’s share av­er­aged 1.2m cu­bic feet of gas per day in Novem­ber, which was the first full month of pro­duc­tion since the in­stal­la­tion of a flowme­ter.

The com­pany said its net gas sales for the month would be in ex­cess of £235,000.

Eg­don shares climbed 14.8pc, or 1p, to 7.75p.

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