http://www.edgeres.com/

Edge Resources starts trading on AIM on the 5th July 2012
Western Canada-focused oil and gas explorer and producer Edge Resources has started trading on AIM. Edge will continue to be listed and traded on the TSX Venture Exchange.Edge Resources is an oil and gas exploration, development & production company currently focusing on exceptionally high reserves-in-place. The Company is focused on shallow, conventional, vertical, low-risk, low-cost formations in Alberta and Saskatchewan, Canada. The Company's strategy is to aggressively add to its land and reserves base when the cost of such additions are extremely favorable.

Projects
http://www.edgeres.com/projects/primate

SMALL CAPS MOVERS: New entrants WANdisco and Edge Resources 'should be well received'
Edge is also listed in Canada and it hopes to attract institutional investors in the City. And as a cash-flow positive oil junior, with just shy of 1,000 barrels of daily oil production already in place, the company is likely to appeal to small cap investors.




http://www.thisismoney.co.uk/money/markets/article-2169752/SMALL-CAPS-MOVERS-New-entrants-WANdisco-Edge-Resources-received.html

up 10%

Ended the day 7% up. Good start for a new share to the aim.

Have you got these DC? What did they originally start trading at as I cannot find the price only the day they began?

Oh! sorry it must have been 11p from the graph - silly old me.

Hi 3m, started trading on the aim on the 5th July . Looks like 10.5p - 11p start on the 5th. Question is will they fall back or carry on the rise. hmmmmm

Heaven knows - does a bear poo in the woods? It is all in the lap of the Gods as we know but good luck anyway.

Thanks 3m.

All buys no sells, up 5.26% today

Land Acquisition and Appointment of New Director
RNS
RNS Number : 8101H
Edge Resources Inc.
17 July 2012



AIM Exchange Symbol: EDG

TSX Venture Exchange Symbol: EDE
July 17, 2012






Edge Resources Inc. Adds Strategic Land to Core Heavy Oil Asset and

Appoints New Director



Edge Resources Inc. ("Edge" or the "Company") is pleased to announce that it has increased the size of its core landholdings in the area of Primate, Saskatchewan to 12,800 (net) acres. Edge continues to have a 100% working interest in its Primate asset and controls a large, contiguous, strategic landholding.



Total consideration for the two undeveloped sections (1,280 acres) of crown land included a cash payment of $60,000 ($47/acre or $116/Ha) plus a non-convertible overriding royalty of 3%. A map outlining the Company's existing Primate land base and the new additions can be found at http://www.edgeres.com/projects/primate.



The transaction closed with an effective date of June 1, 2012.



Brad Nichol, President & CEO, commented, "As a result of our continued strategy to methodically add to our existing asset base in Primate, Saskatchewan, we are extremely pleased to have added these two sections in this very active area. These two sections fit perfectly within our existing asset, where we have now created a large, enviable land position. More importantly, they fill a previous gap along the eastern extent of our property, which borders a very actively-drilled area." Nichol added, "Our team is already working on the definition of additional oil locations on this new land; however, we do not expect to add any locations to the first phase of our summer drilling programme, which we hope to kick-off near the beginning of August, weather permitting."



The Company is also very pleased to announce the appointment of Mr. Vishnu Reddy (full name Gogu Vishnu Vardhan Reddy) as a non-executive director. Vishnu, aged 42, is currently the General Counsel of Argos Sibinga Petroleum ("ASP"), a start-up Dutch based E&P company, which is a joint venture between Sibinga Petroleum and the Argos Energy Group from Rotterdam, The Netherlands. ASP's focus is Africa and in particular, West Africa. In addition to the ASP senior mangement oil and gas role, Vishnu's experience has predominantly been focused in the structured finance practices of top tier law firms and working with senior management on strategic and commercial matters at banks. Prior to joining ASP, he was the General Counsel of Capmark Bank Europe and also worked at BNP Paribas. He was a senior associate at Weil Gotshal & Manages and DLA Piper in London and also worked at Clayton Utz in Sydney, Australia. Vishnu brings a wealth of experience in international banking and structured finance in addition to his strong commercial skills.



Vishnu is currently a director of Beyond Advisory Limited and, in the last five years held directorships at Capita Asset Services (UK) Limited, Capmark UK Limited, Hunt Investment Management Europe Limited, Reservoirteam Limited (dissolved), Reservoirteam.com Limited (dissolved), Teknix Technologies Limited (dissolved), There is no further information that is required to be disclosed in accordance with Schedule 2, paragraph (g) of the AIM Rules for Companies.



On Friday, July 13th, the Board also approved the grant of 3,125,000 options to directors, officers, management and consultants of the Company. The options have a strike price of $0.22/share, expire after 5 years and vest according to the schedule of ¼ immediately, ¼ after 12 months, ¼ after 24 months and ¼ after 36 months. Directors have been granted the following options:



· Scott Reeves: 100,000

· Chris Cooper: 100,000

· Vishnu Reddy: 100,000

Spudded First Well in Primate
RNS
RNS Number : 2309I
Edge Resources Inc.
23 July 2012



FOR IMMEDIATE RELEASE

TSX Venture Exchange Symbol: EDE

AIM Exchange Symbol: EDG July 23, 2012

EDGE RESOURCES INC. Calgary, Alberta



Edge Resources Inc. Moves Drilling Rig and Spuds First Well

Edge Resources Inc. ("Edge" or the "Company") is pleased to announce that it has commenced its summer drilling programme early. The first two wells of Edge's summer drilling programme commenced over the weekend.

The Company opportunistically secured a rig, which was between wells on a separate, nearbyprogramme for another operator.

Brad Nichol, President & CEO, commented, "I'm proud of our operational team, who moved very quickly when we learned of this rig's availability for a short two well window. This allows us to get the first two wells drilled earlier than planned and start production testing while we continue preparations on the remainder of the programme."

The first well is being drilled in an eastern section ("Asset East") of the Company's Primate, Saskatchewan property. This section is a non-producing section that immediately offsets a very actively-drilled area. As this section did not contain any producing wells, it was previously allocated zero value in the Company's reserve report and balance sheet.

Brad Nichol added, "With the majority of our reserve value in Primate currently being allocated from producing wells or producing sections, this first well represents a major opportunity for us to generate shareholder value from a non-producing section. Beyond this first summer programme, we look forward to taking advantage of our large, undeveloped land-base, which is now almost double the size of our nearest active competitor in the area. Our strategy to grow through both acquisition and drilling is continuing, and we look forward to updating our shareholders with the results of both when they are available in the future."

15% up

UP 12% today

on the rise

13.85% up

20% up

You must be quids in......Well done you.

:-))

Operations Update
RNS
RNS Number : 8345J
Edge Resources Inc.
13 August 2012



FOR IMMEDIATE RELEASE

TSX Venture Exchange Symbol: EDE

AIM Exchange Symbol: EDG August 13, 2012

EDGE RESOURCES INC. Calgary, Alberta



Edge Resources Inc. Successfully Completes First Two Wells and Discovers New Oil Pool

Edge Resources Inc. ("Edge" or the "Company") is pleased to announce that after commencing the first phase of its summer drilling programme early, it has successfully drilled, cased and completed two wells in Primate, Saskatchewan, one of which has resulted in the discovery of a new pool. Both wells will commence production testing and pressure buildup analysis simultaneously. Additionally, the Company acquired 100% of the land it posted at a recent Crown land sale; adding 395 net acres of contiguous property to its existing Grand Forks oil asset.

In Primate, the Company had opportunistically secured the drilling rig, which was between wells on a nearby programme for another operator, on a short-term window. This allowed the Company to commence drilling earlier than it had planned.

The wells were successfully drilled to the primary target, the McLaren formation, at less than 850 meters, having passed through several other potentially hydrocarbon-bearing sandstones. On-site geological analysis and logs indicate no less than 12 meters of McLaren formation sands were encountered in both wells.

The Company is now equipping the wells for pressure buildup analysis and production. Production testing will commence immediately and will likely require four weeks, but possibly up to three months, before a stabilized production regime can be established, as is normal with all CHOPS ("Cold Heavy Oil Production with Sand") wells.

Brad Nichol, President & CEO, commented, "We are very happy with the initial geological results from these wells. We are especially pleased with the well drilled in the eastern section, which was previously given zero value on our reserve report.Our Primate asset continues to represent a wonderful opportunity to increase both oil production (and associated cash flow) and asset value. It was nice to drill the first two wells early and establish production in eastern section before drilling the rest of the programme."

The first well was drilled in an eastern section ("Asset East") of the Company's Primate, Saskatchewan property. This section is a non-producing section that immediately offsets a very actively-drilled area. As this section did not contain any producing wells, it was previously allocated zero value in the Company's reserve report and balance sheet. This new pool, described as a mid-Mannville heavy oil accumulation is offsetting a similar, but separate, pool to the east, which is believed to be currently producing over 2,000 bopd (barrels of oil per day).

The second well was drilled into the Company's existing, producing pool and encountered approximately 15 meters of net pay. This was the southernmost location into the existing pool to-date, which helped to further delineate and define a relatively undrilled area of the existing pool. After being perforated, this well was shut-in to commence a multi-day pressure buildup. Production testing will commence after several days of collecting pressure data.

Nichol added, "Given this initial success, we have already commenced a plan to shoot 3D seismic over the sections in Asset East. This will help us delineate this oil pool and assist us in choosing locations for additional wells. We hope to commence a seismic programme in Q4 of this year, after the crops are off the fields."

Additionally, the Company acquired 395 net acres of mineral land rights at a crown land sale, which increased the Company's land position in Grand Forks, Alberta, where the next phase of this summer's drilling programme is expected to commence.

Edge Resources makes fresh discovery in Saskatchewan
StockMarketWire.com
Edge Resources has announced that after commencing the first phase of its summer drilling programme early, it has successfully drilled, cased and completed two wells in Primate, Saskatchewan, one of which has resulted in the discovery of a new pool.

Both wells will commence production testing and pressure buildup analysis simultaneously.

Additionally, the company acquired 100% of the land it posted at a recent Crown land sale; adding 395 net acres of contiguous property to its existing Grand Forks oil asset.

In Primate, Edge had opportunistically secured the drilling rig, which was between wells on a nearby programme for another operator, on a short-term window. This allowed the company to commence drilling earlier than it had planned.

The wells were successfully drilled to the primary target, the McLaren formation, at less than 850 metres, having passed through several other potentially hydrocarbon-bearing sandstones. On-site geological analysis and logs indicate no less than 12 metres of McLaren formation sands were encountered in both wells.

The company is now equipping the wells for pressure buildup analysis and production. Production testing will commence immediately and will likely require four weeks, but possibly up to three months, before a stabilised production regime can be established, as is normal with all CHOPS ("Cold Heavy Oil Production with Sand") wells.

Brad Nichol, President & CEO, commented: "We are very happy with the initial geological results from these wells. We are especially pleased with the well drilled in the eastern section, which was previously given zero value on our reserve report. Our Primate asset continues to represent a wonderful opportunity to increase both oil production (and associated cash flow) and asset value. It was nice to drill the first two wells early and establish production in eastern section before drilling the rest of the programme."

The first well was drilled in an eastern section ("Asset East") of the Company's Primate, Saskatchewan property. This section is a non-producing section that immediately offsets a very actively-drilled area. As this section did not contain any producing wells, it was previously allocated zero value in the company's reserve report and balance sheet. This new pool, described as a mid-Mannville heavy oil accumulation is offsetting a similar, but separate, pool to the east, which is believed to be currently producing over 2,000 bopd (barrels of oil per day).

The second well was drilled into Edge's existing, producing pool and encountered approximately 15 meters of net pay. This was the southernmost location into the existing pool to-date, which helped to further delineate and define a relatively undrilled area of the existing pool. After being perforated, this well was shut-in to commence a multi-day pressure buildup. Production testing will commence after several days of collecting pressure data.

Mr Nichol commented: "Given this initial success, we have already commenced a plan to shoot 3D seismic over the sections in Asset East. This will help us delineate this oil pool and assist us in choosing locations for additional wells. We hope to commence a seismic programme in Q4 of this year, after the crops are off the fields."

The 395 net acres of mineral land rights at a Crown land sale increased the company's land position in Grand Forks, Alberta, where the next phase of this summer's drilling programme is expected to begin.

At 8:40am: (LON:EDG) Edinburgh Oil & Gas share price was +2.5p at 22p

up 8%

Hit 24.80 pence today.

Edge jumped 28 percent to 25 pence after releasing a strong operating update from Canada.

One of the two wells drilled by Edge in Primate, Saskatchewan since starting its summer programme early has discovered a new pool.

Both wells will begin production testing and pressure buildup analysis simultaneously.

Production testing will start immediately and will likely take four weeks, but possibly up to three months before stabilised production can be established.

Additionally, Edge has bought 100 percent of the land is posted at a recent Crown land sale, adding 395 net acres of contiguous property to its existing Grand Forks oil asset.

“We are very happy with the initial geological results from these wells,” said president and CEO of Edge Brad Nichol.

“Our Primate asset continues to represent a wonderful opportunity to increase both oil production (and associated cash flow) and asset value.

“It was nice to drill the first two wells early and establish production in eastern section before drilling the rest of the programme.”



http://money.msn.com/business-news/article.aspx?feed=MW&Date=20120813&ID=15443409&industry=IND_ENERGY&isub=

Starting to drift down, but a welcome 6% rise today.

Executive interview Brad Nichol, president and CEO, Edge Resources pages 16-19



http://www.oilcouncil.com/downloads/DandDAugust2012.pdf

Good to see a rise, await news.

Good to see a rise, await news.

Good volume and rise today, good to see this one holding up between news.

All buys today, no sells.

All buys and an all time high

Been about 6 weeks now that the rns was given stating - The company is now equipping the wells for pressure buildup analysis and production. Production testing will commence immediately and will likely require four weeks, but possibly up to three months, before a stabilised production regime can be established, as is normal with all CHOPS ("Cold Heavy Oil Production with Sand") wells. Good to see the sp hold up, news must be soon.

Brad Nichol CEO

http://www.bing.com/videos/search?q=edge+resources&view=detail&mid=FF2C3A9CC5821F8D3373FF2C3A9CC5821F8D3373&first=0

Update On Operations
RNS
RNS Number : 7679O
Edge Resources Inc.
16 October 2012



FOR IMMEDIATE RELEASE

TSX Venture Exchange Symbol: EDE

AIM Exchange Symbol: EDG October 16, 2012

EDGE RESOURCES INC. Calgary, Alberta



Edge Resources Inc. Spuds Oil Well, Shoots 3D Seismic and Renews Banking Facilities

Edge Resources Inc. ("Edge" or the "Company") is pleased to provide the following update on Operations in Grand Forks, Alberta and Primate, Saskatchewan, and an update on the Company's borrowing facilities with the National Bank of Canada ("National Bank"). The Company recently drilled two oil wells in Primate, Saskatchewan (see announcement August 13, 2012), and has now spudded the first of two oil wells in Grand Forks, Alberta. Based on the early successful production results in Primate, the Company has also undertaken a 3D seismic programme in order to fine-tune the multitude of additional drilling locations in the newly discovered Primate oil pool. As well, the National Bank recently completed its regular interim review, resulting in no changes to any of the terms or conditions of the Company's existing borrowing facilities.

The Company recently spudded the first of two wells in Grand Forks, where Edge is a 97% working interest holder and sole operator of the wells and facilities in the area. These low-risk infill wells will utilize existing flow-lines and the Company's oil gathering system and oil battery. Both wells will be drilled directionally off existing, producing sites to allow for (i) a more efficient tie-in to existing infrastructure, (ii) reduced operational and capital costs and (iii) a reduced environmental footprint. The Company currently produces approximately 100 boe/day of highly profitable medium grade oil in Grand Forks.

Based on the early production results from Primate, Edge has undertaken a 3D seismic programme. The Company expects to shoot and evaluate approximately 10 square kilometers (3.7 square miles) of 3D seismic, which will add to the Company's impressive 65 square kilometers (25 square miles) of existing, proprietary 3D seismic assets in Saskatchewan. The focus of this programme is to further characterize the drilling locations in the recently discovered oil pool known as Asset East. However, the seismic extends beyond the new pool onto Edge's neighboring 100% owned, contiguous lands, where it may reveal additional drilling opportunities.

Brad Nichol, President and CEO of Edge commented, "We were sufficiently pleased with the initial results from the two wells in Primate to shoot 3D seismic and hone the additional locations on our existing lands. The results in Primate have exceeded our expectations on many levels and production rates are getting closer to stabilizing and are continually increasing." Nichol added, "We're also very keen on the Grand Forks locations, which are being drilled into a well-understood, seismically-defined reservoir. We expect production to be on-stream within a few days after these wells are completed."

The Company is also pleased to have completed the regular interim review of its borrowing facilities with the National Bank of Canada. The Credit Facilities include a demand revolving facility with a limit of $12,000,000, a demand development/acquisition facility with a limit of $6,500,000, and a risk management facility. The revolving facility and development/acquisition facility each bear annual interest at the bank's prime rate plus 0.75% and 1.25%, respectively. The Credit Facilities are secured in first position against the assets of the Company.

The National Bank's prime rate was 3.00% as of October 15, 2012.

Nichol commented, "National Bank continues to be our preferred lender and they continue to show a great deal of support for Edge. Their support and low-cost-lending continues to be a great tool in our kit to maximize return for our shareholders. The effective date of National Bank's review was in early September; and thus, they were not able to incorporate our latest production results."

Edge Resources spuds Alberta well
StockMarketWire.com
Edge Resources has confirmed the spudding of the the first of two oil wells in Grand Forks, Alberta.

The company said these low-risk infill wells will utilise existing flow-lines and its oil gathering system and oil battery.

Both wells will be drilled directionally off existing, producing sites to allow for:

* a more efficient tie-in to existing infrastructure

* reduced operational and capital costs a

* a reduced environmental footprint.

The company also says that based on the early successful production results from two wells in Primate, Saskatchewan, the company has undertaken a 3D seismic programme in order to fine-tune the multitude of additional drilling locations.

The company expects to shoot and evaluate approximately 10 square kilometres (3.7 square miles) of 3D seismic, which will add to the the 65 square kilometres (25 square miles) of existing, proprietary 3D seismic assets in Saskatchewan.

At 9:27am: (LON:EDG) Edinburgh Oil & Gas share price was +1p at 20.5p


Story provided by StockMarketWire.com

Edge Resources: Merchant Securities maintains buy rating and 38p target

Edge Resources Inc. Adds Two Successful Oil Wells
RNS
RNS Number : 8214P
Edge Resources Inc.
30 October 2012



FOR IMMEDIATE RELEASE

TSX Venture Exchange Symbol: EDE

AIM Exchange Symbol: EDG October 30, 2012

EDGE RESOURCES INC. Calgary, Alberta



Edge Resources Inc. Adds Two Successful Oil Wells

Edge Resources Inc. ("Edge" or the "Company") is pleased to announce the successful drilling, completion and equipping of two oil wells at its Grand Forks, Alberta property. The wells have already been tied-into existing pipelines and are being production-tested utilizing the Company's existing facilities.

The locations were chosen based on extensive analysis of 3D seismic and geological interpretation; and therefore, were considered low-risk drilling candidates.

The two new oil wells were drilled on Edge's Grand Forks property in Southern Alberta, where the Company holds a 97% working interest and is the operator of record. Based on the geological logs from the new wells, which showed better porosity and slightly more reservoir thickness than expected, the Company expects to significantly increase production at Grand Forks.

Prior to the two new wells, the Company's Grand Forks property was producing approximately 100 boe/day and the existing infrastructure is capable of handling more than triple that rate.

Brad Nichol, President and CEO of Edge, commented, "Our entire team is extremely pleased to have kept our 100% drilling success rate intact with these two latest wells. The high profitability associated with the medium grade oil production combined with very low, single-digit decline rates from the Grand Forks pool, should suitably improve our associated cash flow in the immediate and long-term. Additional locations in the pool previously identified will now be fine-tuned, based on the higher porosity and net pay we discovered in these new additions." Nichol added, "Our operational team was exceptional. Production on these two wells was brought on-stream less than a week after drilling was completed. The production is not expected to require an extended length of time to stabilize before results can be announced."

Edge also announces the issuance of 500,000 options to consultants of the Company at a strike price of $0.30/share. The options are vested over three years and expire five years after the date of issuance and are issued pursuant to the stock option plan of the Company.

For more information, visit the company website: www.edgeres.com or contact:

Brad Nichol - President & CEO

Phone: +1 (403) 767 9905



Merchant Securities Limited - Nominated Adviser and Broker

Lindsay Mair

Scott Mathieson

Phone: +44 (0)20 7628 2200



Buchanan - Financial PR

Tim Thompson

Tom Hufton

Phone: +44 (0)20 7466 5000





About Edge Resources Inc.

Edge Resources is focused on developing a balanced portfolio of oil and natural gas assets from properties in Alberta and Saskatchewan, Canada. Management has consistently focused on:

1. Shallow, vertical, conventional programs with reduced capital, operational and geological risks

2. Very high or 100% working interests and fully operated assets

3. Pools and horizons with exceptionally high reserves in place



The management team's very high drilling success rate is based on the safe, efficient deployment of capital and a proven ability to efficiently execute in shallow formations, which gives Edge Resources a sustainable, low-cost, competitive advantage.


This information is provided by RNS
The company news service from the London Stock Exchange

Edge Resources expects significant increase in production at Grand Forks field
9:05 am by Jamie AshcroftEdge says the existing infrastructure at Grand Forks could handle three times current volume.



Edge Resources (LON:EDG) says it is expecting a significant increase in production at the Grand Forks field in Alberta, Canada.

This comes after Edge completed two additional wells which, according to logs, have encountered better than expected porosity and reservoir thickness.

The two well locations were chosen based on analysis of 3D seismic, and were considered low risk candidates. Before these wells were drilled the field produced at around 100 barrels a day and Edge says the existing infrastructure at Grand Forks could handle three times that volume.

Chief executive Brad Nichol says it will not take ‘an extended length of time’ for the production to stabilise from the two new wells and once it has the flow results will be announced.

"Our entire team is extremely pleased to have kept our 100% drilling success rate intact with these two latest wells.

The high profitability associated with the medium grade oil production combined with very low, single-digit decline rates from the Grand Forks pool, should suitably improve our associated cash flow in the immediate and long-term.

Additional locations in the pool previously identified will now be fine-tuned, based on the higher porosity and net pay we discovered in these new additions."

All buys today, holding up well

Quarterly and Half Yearly Results
RNS
RNS Number : 3826S
Edge Resources Inc.
30 November 2012







FOR IMMEDIATE RELEASE

TSX Venture Exchange Symbol: EDE

AIM Exchange Symbol: EDG November 30, 2012

EDGE RESOURCES INC. Calgary, Alberta





Edge Resources Announces Quarterly and Half Yearly Results





Edge Resources Inc. ("Edge" or the "Company") is pleased to announce its unaudited second quarter results for the three month period ended September 30, 2012 ("Q2 2012") and its unaudited half yearly results for the six month period ended September 30, 2012 ("HY 2012").



For the six months ended September 30, 2012:



Period Highlights



· C$4.5 million investment from Henderson Global Investors in March 2012 to fund the initial phase of drilling oil prospects in both Primate and Grand Forks



· Dual listing on AIM of the London Stock Exchange in July 2012



· Sales volumes increased to 693 boe/d in Q1 2012 (307boe/d Q1 2011) and 716 boe/d in H1 2012 (333 boe/d H1 2011);



· Primate, Saskatchewan:



o Successful drilling and completion of two oil wells ahead of schedule;



o Discovery of new heavy oil pool in the McLaren Pool;



o Subsequent proprietary 3D Seismic programme initiated



· Grand Forks, Alberta:



o Acquired 395 acres of mineral land rights, resulting in total acreage of 3,782 net acres (12% increase)





Brad Nichol, President & CEO of Edge, commented, "We are extremely pleased with Edge's performance since our AIM listing in July, which has broadened our investor base and increased liquidity. Edge has remained true to its strategy of focusing on operating in a conventional, shallow arena with properties that offer exceptional economic returns and low risk profile. As commodity prices have demanded, our near-term focus continues to be on oil and the superior returns this commodity currently offers; and thus, the remainder of the 2013 capital program will concentrate on oil assets. The Company expects to drill a number of these conventional oil wells on its existing lands in the coming months. Edge has secured significant debt facilities with a major Canadian bank, recently closed an equity financing and has initiated a relationship with a major institutional capital partner, all of which will allow continual measured growth."

Edge Resources Inc Discovers Additional Oil Pools
RNS
RNS Number : 5324S
Edge Resources Inc.
03 December 2012



FOR IMMEDIATE RELEASE

TSX Venture Exchange Symbol: EDE

AIM Exchange Symbol: EDG December 3, 2012

EDGE RESOURCES INC. Calgary, Alberta



Edge Resources Inc. Discovers Additional Oil Pools on 3D Seismic Results

Edge Resources Inc. ("Edge" or the "Company") is pleased to announce that it has completed shooting and processing a 3D seismic programme in Primate, Saskatchewan one month ahead of schedule. The Company's initial analysis of the seismic, which incorporated the recently discovered oil pool in what the Company calls Asset East, is that two additional new oil pools and several potential drilling locations have been identified.

Resulting from the discovery well drilled in Asset East earlier this year, the Company shot and evaluated 9.6 square kilometers (3.6 square miles) of 3D seismic (see announcement October 17, 2012), with the expectation of characterizing the newly discovered oil pool and identifying up to six additional potential drilling locations.

The Company's geological and geophysical team has identified more than 20 potential drilling locations within the three pools, based on 40 acre spacing. With additional spacing applications the potential drilling locations could increase fourfold.

The Company has a 100% working interest in the lands covered by the 3D seismic and the newly identified oil pools.

The seismic also suggests that future locations would likely benefit from structurally higher locations than the discovery well, which was originally drilled based on limited 2D seismic lines. As a result of the erratic CHOPS ("Cold Heavy Oil Production with Sand") producing regime, the discovery well realized 60-day estimated production rates ranging from 5 boe/day to 85 boe/day, with an average of 30 boe/day over that time period, while being restricted by surface facilities. The Company is currently evaluating the surface facilities that would be required to incorporate the scale of the potential future drilling locations.

Brad Nichol, President & CEO of Edge, commented, "The 3D seismic results have put us in a position to delineate the scale of a much larger-than-anticipated resource at Asset East. Our geoscience team has already identified drilling locations far in excess of their initial (pre-3D seismic) estimates, which were initially based only on the 2D seismic data. With this new 3D seismic knowledge, we can see several possible drilling locations that offer either a thicker zone, higher geological structure or both. Our next step is to weigh these locations up against the other locations we have in inventory and make the decisions on where to best allocate capital going forward so as to minimize operational, geological, reservoir and capital risks and maximize shareholder returns."

The Company is currently going through all available data to design, evaluate and implement a drilling programme that incorporates these new discoveries and the other corporate drilling opportunities currently in inventory.

Closes CDN$5 million Placing
RNS
RNS Number : 1097T
Edge Resources Inc.
10 December 2012



FOR IMMEDIATE RELEASE

AIM Exchange Symbol: EDG

TSX Venture Exchange Symbol: EDE

Edge Resources Inc.

December 10, 2012

Calgary, Alberta





Edge Resources Inc. Closes CDN$5 million Placing with Major Institutional Investors

Edge Resources Inc. ("Edge" or the "Company") is pleased to announce that it has closed a European-based placing to raise $5 million (the "Placing") through the issuance of 19,531,250 common shares (the "Placing Shares") with new and existing institutional investors at a price of 16p per share for gross proceeds of $5 million (£3.125 million).

The Placing was done at a 60% premium to the initial AIM admission price in July, 2012, was supported by major institutional investors and was oversubscribed. It was arranged by the Company's nominated adviser and broker, Merchant Securities Limited ("Merchant"), who was paid a fee equal to 5% of the gross proceeds of the Placing. No broker warrants were issued and no warrants were issued as part of the Placing.

The proceeds will be used to further develop the Company's shallow, conventional oil prospects in Western Canada with the intent of simultaneously increasing both production and reserve value.

Specifically, the funds will be used for developing the Company's Primate, Saskatchewan oil prospects with a focus on the 3D seismically-defined discoveries and on "vertical expansion" into additional oil-bearing zones available in the vertical column of formations on the Company's lands. All wells will be drilled in seismically-defined pools. Successful results are anticipated to add additional reserves and oil production through the discovery and delineation of new pools. In addition, the Company may investigate production enhancement opportunities through pressure maintenance of existing pools and will continue to assess potential acquisition opportunities as they arise.

Application will be made to the London Stock Exchange for admission of the Placing Shares to AIM and to the TSX-V, with admission expected to become effective on December 17, 2012. When issued, the Placing Shares will rank pari passu in all respects with the existing common shares. The Placing Shares will represent 15.6% of the Company's issued share capital following admission, when the Company will have 125,460,990 common shares in issue.

Brad Nichol, President & CEO of Edge, commented: "The benefits of our AIM listing are already bearing fruit, as we have now demonstrated an ability to close a placing very quickly, with less cost and less dilution than what would have normally been required in Canada. This placing also allowed us to add some exceptionally large, blue-chip institutional investors to our share register; many of whom normally reserve their investment capital for large-cap companies. This support, in conjunction with Henderson Global Investors' continued backing, gives Edge a critical competitive advantage in a capital-constrained market." Nichol added, "To gratify the need for continued growth, we continue to search for the right opportunities to cost-effectively add production and land to our existing asset base. As well, the proceeds will allow us to kick-start more extensive development of our large inventory of drilling locations, many of which were identified following our recent 3D seismic shoot. We are excited about putting the proceeds to work to create the meaningful growth that our shareholders should, and do, demand."

Additionally, the Company has amended 200,000 options that were previously granted with a strike price of $0.20 per share and due to expire in November, 2013; such that, those same options now have a strike price of $0.30 per share and expire in October, 2017. All other terms and conditions remained unchanged.

Edge Resources: Merchant Securities reduces target price from 38p to 32p and keeps a buy recommendation.

A couple of big buys after the bell

Perhaps news due, some very large buying today ?

$1 million Canadian-Focused Private Placement
RNS
RNS Number : 8548T
Edge Resources Inc.
19 December 2012



FOR IMMEDIATE RELEASE

AIM Exchange Symbol: EDG

TSX Venture Exchange Symbol: EDE

Edge Resources Inc.

December 19, 2012

Calgary, Alberta





Edge Resources Inc. Closes $1 million Canadian-Focused Private Placement

Edge Resources Inc. ("Edge" or the "Company") is pleased to announce that, on the heels of its $5 million common share offering in the UK, it has raised a further $1 million from Canadian subscribers (the "Offering"), in response to the oversubscribed UK offering. The majority of the Offering, $1,031,440, represented flow-through subscriptions at a price of $0.32 per share (an 18.5% premium to Monday's closing price), with the remaining $29,500 in common shares at $0.25 per share (a 7.4% discount to Monday's closing price).

Directors, officers, employees and consultants of the Company subscribed for 20%, or $215,000, of the Offering.

The Company paid cash commissions equal to 4% of the gross proceeds of the Offering, with no broker warrants and no warrants attached to the securities.

Proceeds from the Offering will be used for continued exploration and development of the Company's lands in western Canada and for general working capital purposes.

Brad Nichol, President & CEO of Edge, commented: "This financing represented an opportunity for key members of our team to invest heavily in our future. This, combined with the continued support from our large, blue-chip institutional investors provides the resources to fully engage in the large drilling runway on our existing lands. We are keen to get the drilling program kicked-off and we've already taken the initial steps. We expect to see progress on the drilling program in the new year."

The securities issued in the Offering will be subject to a hold period of four months plus one day from closing. The closing is subject to applicable regulatory and TSX Venture and AIM Exchange approvals, with dealings expected to commence on December 27, 2012.

The subscribers included one director, Vishnu Reddy, who subscribed for 40,000 common shares. The directors, other than Mr. Reddy, having consulted with the Company's nominated adviser, Merchant Securities, consider the terms of his subscription to be fair and reasonable insofar as all shareholders are concerned.

Following the Offering, the Company will have 128,802,240 common shares in issue of which Mr. Reddy will hold 40,000 common shares, representing 0.03%.

Yesterday, Edge Resources announced the raising of US$1m from Canadian subscribers through a mix of flow-through subscriptions at a price of US$0.32 per share (an 18.5% premium to Monday’s closing price) and at US$0.25 per share (a 7.4% discount to Monday’s closing price). The money raised would be used for continued exploration and development of the assets in Canada and for general working capital purposes. The stock rose 5.3% yesterday.

Our view: Edge Resources continues to raise money. Apart from the above mentioned US$1m, the company had raised US$5m from new and existing institutional investors on 11th December 2012. The successful share placements provide Edge Resources with the necessary financial backing to build on its existing assets and explore new opportunities. Given this new funding, the company can now kick-start more extensive development of its large inventory of drilling locations in Western Canada. We are optimistic the company will be able to reap success across its drill sites, thus enhancing production and creating opportunity for meaningful growth. We retain our Speculative Buy rating on the stock.

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

http://www.moneyam.com/action/news/showArticle?id=4508076

AIM Application for Private Placement
RNS
RNS Number : 1250U
Edge Resources Inc.
21 December 2012



FOR IMMEDIATE RELEASE

AIM Exchange Symbol: EDG

TSX Venture Exchange Symbol: EDE

Edge Resources Inc.

December 21, 2012

Calgary, Alberta





Edge Resources Inc.

AIM Application for Canadian-Focused Private Placement

Edge Resources Inc. ("Edge" or the "Company") announces that, further to the December 19, 2012 announcement, application has been made for the 3,341,250 common shares relating to the subscription to be admitted to trading on AIM. Admission is expected to become effective on December 27, 2012 and following the admission of the new common shares the Company will have 128,802,240 common shares in issue.

Not in this one anymore, put this on for those interested -



Edge President Reviews 2012 Achievements and Provides Corporate Update

January 31, 2013


Dear Shareholders,

In light of our upcoming drilling program in February and the current volatility and uncertainty in both the equity and natural resources markets, I would like to summarize 2012 and provide a strategic and operational outlook for 2013.

2012 marked a year of major accomplishments and transition for Edge Resources and I am very pleased with the achievements we have made. Amongst these, and perhaps the most significant for shareholders, was the more than doubling of our share price while the natural resources sector, in general, saw significant declines in a challenging market.

Last year we promised to deliver both near and long-term shareholder value from potential acquisitions, and we did just that; in February, 2012 we closed an oil-focused acquisition in Saskatchewan. We initiated the development of that asset, which resulted in the discovery of a significant new oil pool. Then, with the help of a 3D seismic program, we discovered two additional potential pools. We are now undertaking the exciting and enviable duty of further definition and delineation of those new pools with our Q1 2013 drilling program.

Following the February acquisition, we introduced Henderson Global Investors, a CDN$100 billion investment manager, to our shareholder register. This association has provided the Company with a strategic partner to help provide access to capital in a capital-starved junior natural resources sector. As a result, in 2012 the Company secured over $10 million in equity financing, while most juniors could not raise capital necessary to develop their assets.

Shortly after the introduction of Henderson, we added some oil-based operational strength to our team. Monty McNeil joined as our Vice President of Operations. With more than 28 years of experience with some of the industry’s biggest and best (Husky and Renaissance Energy, just to name a couple), Monty has extensive oil and gas knowledge that extends from the reservoir to the pipeline. From production optimization to drilling and completions, Monty has been a remarkable addition to our team.

2012 hosted a historical event for Edge, with a year’s worth of effort paying off with the first day of trading on the London Stock Exchange’s AIM board in July. With a European shareholder base of approximately 50% of Edge’s total, the AIM listing provided additional liquidity (nearly doubling our trading volumes) and drastically increased our access to capital in a market that was essentially closed to junior oil and gas issuers. Edge trades under the symbol EDG on the AIM exchange in the UK.

Some of the highlights of the Company’s 2012 achievements are summarized below:

· The addition of 19 net (and gross) sections (12,160 acres) of 100% owned, undeveloped land in Primate, Saskatchewan

· The addition of approximately 350 boe/day of production in Primate, Saskatchewan

· NPV10 value increase of 36%, from $46.5 million effective March 2011 to $63.2 million effective March 20121

· Addition of critical team members in engineering and operations

· Discovery of three new oil pools on previously undeveloped land in Primate, Saskatchewan

2013 Outlook:

We are about to embark on a Q1 oil-based drilling program, which we expect to complete before “spring breakup” (the period of time, normally between mid-March and beginning of May when frost is coming out of the ground and heavy equipment cannot travel on county roads). This drilling program will be focused on new targets on our large undeveloped land base, including further delineation of one of our newly discovered oil pools in Saskatchewan. We expect to move a drilling rig to the first location in February.

One of the most exciting developments in 2012 was the discovery of three new Saskatchewan oil pools, through a combination of drilling and 3D seismic. We intend to kick off 2013 by further delineating those pools with a drilling program starting in February. We plan to start unlocking the potential value from these discoveries as we drill more wells and understand more about these new reservoirs.

We are planning to drill a completely new oil horizon in early 2013 with horizontal drilling technologies. With a horizontal well, it is our intent to unlock the potential of known oil reserves in a known reservoir, which is currently untapped in our immediate area. However, this reservoir extends across the bulk of our undeveloped lands and represents considerable potential value if the results are favorable.

Continuing from our organic and acquisitive growth in 2012, we have developed a strategy to build on last year’s momentum. We believe the capital scarcity that has plagued the natural resources sector for more than a year has left some assets undercapitalized and/or neglected. The recently-observed short-term bottlenecks with Canadian oil markets has widened the Canadian-to-WTI differentials and stressed some assets and companies even further than before. We believe a strong team with access to growth capital can take full advantage of these events in 2013 and secure great assets at beneficial metrics, and we fully intend to do just that.

To conclude, we believe we are exceptionally well positioned to rise above any challenges 2013 might present. More importantly, we are poised to capitalize on opportunities provided by less robust companies, teams and/or assets. We have a solid asset base to further develop and flourish with. We are proactively and constantly seeking growth opportunities through the drill bit and through acquisition. Our track record demonstrates that we are able to deliver shareholder value and we look forward to the year ahead with confidence and enthusiasm.

Thank you for your continued support.



Brad Nichol

President & Director

Edge Resources Inc.

Back in at 12p today.


3rd Quarter Results
RNS
RNS Number : 9703Y
Edge Resources Inc.
01 March 2013



FOR IMMEDIATE RELEASE

TSX Venture Exchange Symbol: EDE

AIM Exchange Symbol: EDG 1 March, 2013

EDGE RESOURCES INC. Calgary, Alberta





Edge Resources Inc. Announces Third Quarter Results



Edge Resources Inc. ("Edge" or the "Company"), is pleased to announce its unaudited third quarter results for the three month period ended 31 December 2012 ("Q3 2012") and for the nine months ended 31 December 2012.





Period Highlights



· Operational



Ø Average sales volumes for the three months to December 31, 2012 of 834 boe/d, 55% oil and NGL's (comprising 26% oil and 29% NGL's) with 45% natural gas; the increase from the prior year is primarily due to the additional production from the Primate asset acquisition



Ø Average sales price for oil of $64.62/bbl consistent with rest of year; average sales price for NGL's of $17.95/bbl (converted to mcf equivalent is $2.99mcfe); average sales price for natural gas of $3.06mcf ahead of rest of year. The blend of NGL's and natural gas is $3.03mcf.



Ø Discovered three new significant oil pools in Primate, Saskatchewan ("Asset East") through a combination of 2D seismic, drilling and proprietary 3D seismic



Ø Multi-well drilling programme is currently underway as part of the long-term development of Asset East



· Financial



Ø Revenue of $2.3m for the three months to December 31, 2012 (2011: $1.4m) and for the nine months to December 31, 2012 of $6.6m (2011: $3.8m)



Ø Loss before tax of $0.9m for the three months to December 31, 2012 (2011: $1.1m) and for the nine months to December 31, 2012 of $3.5m (2011: $1.5m)



Ø Shareholders' equity at December 31, 2012 of $15.5m (31 March 2012: $10.1m)



· Fundraising



Ø C$5 million fundraising with major UK institutional investors completed in December 2012. The fundraising was carried out at a 60% premium to the initial AIM admission price in July 2012



Ø Further C$1 million Canadian focused private placement in December 2012



Ø Proceeds from both the above offerings are being used for the continued exploration and development of the Company's acreage in western Canada and for general working capital purposes







Brad Nichol, President and CEO of Edge commented, "The last three months have been a transitional period for Edge. The discovery of three new oil pools at Primate is a significant development for the Company and we expect to see a very significant increase in the value of these previously undeveloped assets. The successful fundraisings in both the UK and Canadian markets demonstrate unprecedented investor confidence in Edge during a time of turbulence in the overall energy sector. The confidence demonstrated by our UK and Canadian investors permits the continued exploration and development of all of the Company's assets. Edge has remained true to its strategy of focusing on operating in a conventional, shallow arena with properties that offer exceptional economic returns and a low risk profile. Edge will focus the remainder of 2013's capital programme on oil assets in Primate."



To view Edge Resources' full Q3 2012 statements, please go to the company website (www.edgeres.com).

News from a couple of days ago -


Edge Resources Inc. Initiates Drilling Program to Further Develop New Pool Discoveries

February 27, 2013


Edge Resources Inc. (“Edge” or the “Company”) is pleased to announce that it has moved a drilling rig and spudded the first of several planned drilling locations in Primate, Saskatchewan.

Resulting from a recently-shot 3D seismic program (announced December 3, 2012), the Company has discovered what it believes to be three new oil pools in an area the Company calls Asset East. The rig has been brought in to start the development program of Asset East and is drilling the first of what the Company expects will be many development and delineation wells drilled into these oil pools.

The Company believes these new pools hold a significant amount of reserve value and net present value.

Log and production information from the initial wells can be used to define a much larger developmental drilling program, which could require up to an additional 80 vertical locations to fully develop the pools.

Brad Nichol, President and CEO of Edge commented, “We are excited to continue upon our initial drilling and seismic successes resulting in the initial pool discoveries. Now the team is focused on the longer-term development of Asset East in Primate. Along those lines, we are also pleased to have received final approval for a water disposal program in Asset East, which fits very nicely into the long-term development plan for these pools.”

As a key component to the full development plan for Asset East, the Company is very pleased to have recently received approval to inject produced water, if required, into a nearby existing wellbore on Company-owned lands. If water disposal is required, this approval is anticipated to drastically reduce the cost of water handling as the field is more fully developed.

The Company has a 100% working interest in all of their Primate, Saskatchewan properties – a total of 20 gross/net sections (12,800 acres).

For more information, visit the company website: www.edgeres.com or contact:

Shares lift as third-quarter revenue rises at Edge Resources
Fri 01 Mar 2013

EDG - EDGE Resources Inc (DI)

Latest Prices
Name Price %
EDGE Resources Inc (DI) 12.62p +7.45%

FTSE AIM All-Share 740 -0.19%

LONDON (SHARECAST) - Revenue rose to 2.3m dollars for the three months to December 31st compared to 1.4m dollars in the corresponding period a year earlier at oil and gas exploration company Edge Resources.

The AIM-listed company published third-quarter results for the three-month period as well as the nine-month period ending December 31st showing positive growth trends which prompted shares to rise.

Over the nine-month period, revenue rose to $6.6m from $3.8m in the corresponding nine-month period in 2011.

A loss before tax of $0.9m was recorded for the three months to December 31st.

Shareholders’ equity at December 31th was valued at $15.5m, up from $10.1m on March 31st.


CEO: discovery of three new oil pools ‘significant development’

Brad Nichol, President and Chief Executive Officer of Edge said that the last three months have been a "transitional period" for Edge.

"The discovery of three new oil pools at Primate is a significant development for the company and we expect to see a very significant increase in the value of these previously undeveloped assets.

“The successful fundraisings in both the UK and Canadian markets demonstrate unprecedented investor confidence in Edge during a time of turbulence in the overall energy sector. The confidence demonstrated by our UK and Canadian investors permits the continued exploration and development of all of the company's assets," he added.

Edge Resources is focused on formations in Alberta and Saskatchewan, Canada.

Shares in Edge Resources were up 7.45% to 12.62p at 12:34 on Friday.

Up just under 7%

Edge Resources (LON:EDG)

On Friday, Edge Resources announced its results for the third quarter and the nine months ended 31st December 2012. Revenues for the quarter rose to CAD$2.3m from CAD$1.4m in the previous year. Revenues for the nine month period increased to CAD$6.6m from CAD$3.9m. Pre-tax losses stood at CAD$0.9m down from CAD$1.1m a year ago. But pre-tax losses for the first nine months rose to CAD$3.5m from CAD$1.4m in 2011. On the operational front, the average sales volumes for the quarter were 834 barrels of oil equivalent per day (boe/d), with the increase primarily due to additional production from the Primate asset acquisition. Average sales price for oil was CAD$64.62/barrel (bbl) while average sales price for Natural gas liquids (NGL) was CAD$17.95/bbl. Edge discovered three new significant oil pools in Primate, Saskatchewan (Asset East) through a combination of 2D seismic, drilling and proprietary 3D seismic activity. A multi-well drilling programme is currently ongoing as part of the long-term development of Asset East. In December 2012, the company raised CAD$5m with major UK institutional investors. An additional CAD$1m was raised from Canadian investors following the oversubscribed UK offering. The capital raised is being utilized for the continued exploration and development of acreage in western Canada and for general working capital needs. The stock rose 7.5% on Friday.

Spuds Horizontal, Conventional Well
RNS
RNS Number : 5563Z
Edge Resources Inc.
08 March 2013

FOR IMMEDIATE RELEASE

TSX Venture Exchange Symbol: EDE

AIM Exchange Symbol: EDG March 8, 2013

EDGE RESOURCES INC. Calgary, Alberta



Edge Resources Inc. Spuds Horizontal, Conventional Well Targeting New Zone

Edge Resources Inc. ("Edge" or the "Company") is pleased to announce that it has spudded the second well of the Company's spring drilling programme in Primate, Saskatchewan. This second well is targeting a new oil horizon approximately 50 meters shallower than previously targeted zones in the area. This shallower zone has produced abundantly in both Alberta and Saskatchewan. Edge will be utilising conventional, horizontal drilling techniques to enhance production and ultimate recovery from this new horizon.

Because of the very high reservoir permeability, the well will not require any stimulation or fracturing techniques; thereby, minimizing capital requirements.

Based on the Company's extensive base of proprietary 3D seismic, this second well is a test into a proven reservoir that (i) is easily identified on 3D seismic, (ii) has previously produced noteworthy, commercial oil volumes from vertical wells less than one hundred meters away and (iii) has successfully produced more than 100,000 barrels of oil per well, when drilled by a major E&P company nearby utilising the same technique.

Brad Nichol, President and CEO of Edge commented, "This is truly an exciting development for Edge. This well, if successful will add more production, more reserves and even more drilling locations to our already-impressive inventory. This shallower zone is prevalent across much of our existing 100% owned land base, as well as on nearby lands. Pursuing this new horizon brings the possibility of even more upside to our largely undeveloped asset base in Primate."

The Company is using a highly efficient "Super Single" rig to drill the well, which is one of the industry's most efficient and cost-effective rigs for horizontal wells at these shallow depths.

If successful, Edge intends to focus the majority of its efforts in Primate extensively on development of this new horizon and on the highly impactful new Asset East project.

The Company has a 100% working interest in 20 sections (12,800 acres) of land in Primate, Saskatchewan

Looking like a double chance of making money, buy at the bottom sell at the top. :-))

up just under 10%

closed up 14.75%

On Tuesday, Edge Resources Inc (EDG:LSE) closed at 17.75, 62.84% above the post-IPO low of 10.90 set on Jul 05, 2012.

Completes Horizontal Well in New Formation
RNS
RNS Number : 8808Z
Edge Resources Inc.
13 March 2013



FOR IMMEDIATE RELEASE

TSX Venture Exchange Symbol: EDE

AIM Exchange Symbol: EDG March 13, 2013

EDGE RESOURCES INC. Calgary, Alberta



Edge Resources Inc. Completes Horizontal Well in New Formation

Edge Resources Inc. ("Edge" or the "Company") is pleased to announce that it has finished drilling the second well of the Company's Spring drilling program in Primate, Saskatchewan. The well was successfully drilled and cased without incident and is now being prepared for production.

The horizontal well was drilled into a new formation and cased with a slotted liner in 495 meters of horizontal pay. Completion and equipping operations will commence immediately and continue during breakup. The rig was released to an all-weather rack site as Spring break-up conditions would not allow the rig to be moved to another drilling location.

Brad Nichol, President and CEO of Edge commented, "We are very pleased that the drilling of our first horizontal well in a new horizon has gone so smoothly and quickly. I must credit our operations and drilling team who utilized their many years of experience and planned this operation meticulously. With continuous oil shows throughout the entire 495 meters of horizontal leg, we are very keen to start producing this well. Given that breakup is almost upon us, we are taking the extra step of building a permanent road so that the well can produce without interruption throughout break-up." Nichol added, "We anticipate that successful production testing will support several additional horizontal drilling locations, specifically targeting the new horizon. We certainly have the undeveloped land-base to support a large program and are eager to get started."

Edge Resources advances on completion of well in Canada
Wed 13 Mar 2013



LONDON (SHARECAST) - Shares in Edge Resources rose Wednesday after the oil and gas company said it completed drilling at the second well at its programme in Primate, Saskatchewan, Canada.

The horizontal well is being prepared for production after it was drilled and cased without incident.

It was drilled into a new formation and cased with a slotted liner in 495 meters of horizontal pay.

President and Chief Executive Officer, Brad Nichol, said: "We are very pleased that the drilling of our first horizontal well in a new horizon has gone so smoothly and quickly.

"With continuous oil shows throughout the entire 495 meters of horizontal leg, we are very keen to start producing this well.

"Given that breakup is almost upon us, we are taking the extra step of building a permanent road so that the well can produce without interruption throughout break-up."

He said the company expects successful testing will support further horizontal drilling locations, specifically targeting the new horizon.

"We certainly have the undeveloped land-base to support a large program and are eager to get started."

RD

A repeat of the climb in 2012.

Pulled back strong from -12% today. Await the news.

Production Update

RNS


RNS Number : 2307B

Edge Resources Inc.

02 April 2013






FOR IMMEDIATE RELEASE

TSX Venture Exchange Symbol: EDE

AIM Exchange Symbol: EDG April 2, 2013

EDGE RESOURCES INC. Calgary, Alberta



Edge Resources Inc. Provides Production Update

Edge Resources Inc. ("Edge" or the "Company") is pleased to announce that the first well of the Company's Spring drilling programme in Asset East (announced February 27, 2013), has been on production for the last thirty days and is producing better than expected.

The well has averaged approximately 50 barrels of oil per day ("bopd") over the majority of the initial production period but has recently increased to over 60 bopd, with production fundamentals indicating further production increases are possible.

The well encountered 8 meters of net pay and is being conservatively production tested using a progressive cavity pump to assist with the production of formation sand alongside the oil. Despite erratic production that is typical and expected of CHOPS wells, the well achieved an average rate of over 50bopd during the first month of production testing.

The current rate is the maximum production rate allowable with the production pump at its current setting. However, the pump rate can be increased at any time the Company chooses, and both pressures and fluid levels indicate further increases are feasible.

In these early stages of production, the Company is choosing not to produce this well at - or near - maximum capacity. The Company is conservatively producing near the low end of the production range, to promote stability and avoid heavy and sudden influxes of sand and/or water.

Brad Nichol, President and CEO of Edge commented, "This is an excellent result, and supports a very large development program in Asset East. The discovery of three new oil pools was a significant development for the Company; however, the continued successful delineation of the pools through our drilling programme is generating an even larger runway of drilling locations and, ultimately, more value for our shareholders."

Edge will utilize the downtime associated with Spring breakup to perform further analysis on Asset East, employing the Company's extensive base of proprietary 3D seismic in conjunction with log and production results. The Edge team will work to better define the size of the large prize in Asset East and continue planning for the large runway of drilling locations on the Company's 100% working interest land-base in Primate, Saskatchewan.

For more information, visit the company website: www.edgeres.com or contact:

Brad Nichol - President & CEO

Phone: +1 (403) 767 9905



Sanlam Securities UK Limited (a member of the Sanlam Group) - Nominated Advisor and Broker

Lindsay Mair

Max Bascombe

Katie Shelton

Phone: +44 (0) 20 7628 2200



Buchanan - Financial PR

Louise Mason

Tim Thompson

Tom Hufton

Phone: +44 (0)20 7466 5000





About Edge Resources Inc.

Edge Resources is focused on developing a balanced portfolio of oil and natural gas assets from properties in Alberta and Saskatchewan, Canada. Management has consistently focused on:

1. Shallow, conventional programs that typically offer reduced capital, operational and geological risks

2. Very high or 100% working interests and fully operated assets

3. Pools and horizons with exceptionally high reserves in place



The management team's very high drilling success rate is based on the safe, efficient deployment of capital and a proven ability to efficiently execute in shallow formations, which gives Edge Resources a sustainable, low-cost, competitive advantage.

Edge Resources advances as drill programme produces above expectations
Tue 02 Apr 2013

EDG - EDGE Resources

Edge Resources advances as drill programme produces above expectations LONDON (SHARECAST) - AIM-listed oil development company Edge Resources has reported that the first well in its Spring drilling programme in Asset East has been on production for the last 30 days and is producing 'better than expected'.

The company reported that the well averaged approximately 50 barrels of oil per day (bopd) over the majority of the initial production period but had recently increased to over 60 bopd, with production fundamentals indicating further production increases are possible.

In the early stages of production, the company said it was choosing not to produce the well at, or near, maximum capacity and was conservatively producing near the low end of the production range to promote stability.

Brad Nichol, President and Chief Executive Officer of Edge Resources, commented: "This is an excellent result and supports a very large development program in Asset East. The discovery of three new oil pools was a significant development for the company; however, the continued successful delineation of the pools through our drilling programme is generating an even larger runway of drilling locations and, ultimately, more value for our shareholders."

Edge Resources’ share price was up 9.09% to 15p at 08:37 on Tuesday morning.

Not in this one for those interested =


Operational Update

RNS


RNS Number : 5185C

Edge Resources Inc.

17 April 2013






FOR IMMEDIATE RELEASE

TSX Venture Exchange Symbol: EDE

AIM Exchange Symbol: EDG April 17, 2013

EDGE RESOURCES INC. Calgary, Alberta



Edge Resources Inc. Provides Operational Update

Edge Resources Inc. ("Edge" or the "Company") is pleased to provide a production update on the first well of the Company's spring drilling program in Asset East.

As previously reported (see April 2, 2013 announcement) this vertical well in Asset East was producing over 60 barrels of oil per day ("bopd") with production fundamentals indicating further production increases were possible.

Production from this well has now increased to over 90 bopd and it is providing further indications that additional production increases are possible.

The well encountered eight meters of net pay and is being conservatively production tested using a progressive cavity pump to assist with the production of formation sand alongside the oil. Despite some erratic production that is typical and expected of CHOPS wells, the well achieved an average rate of over 50 bopd during the first month of production testing.

Brad Nichol, President and CEO of Edge commented, "We are delighted with the early stage production from this well. Other than a couple of minor hiccups early on, we have not experienced many of the typical heavy influxes of sand that normally disrupt the initial few months of a typical CHOPS producer." Nichol added, "Our team has made good progress on the development plan for the three new, large oil pools discovered at Asset East, with detailed geophysical plans existing for 12 of the first 20 drilling locations. We look forward to the large drilling runway ahead of us in Asset East and believe there is a substantial resource to be developed."

Edge will utilize the downtime associated with Spring breakup - a temporary period between Winter and Spring when the local counties restrict the movement of heavy equipment such as drilling rigs - to enhance the Asset East plan, which will utilize the Company's extensive base of proprietary 3D seismic in conjunction with log and production results.

Performing well up 17%

Full Year and Q4 Results

RNS


RNS Number : 1348H

Edge Resources Inc.

17 June 2013






FOR IMMEDIATE RELEASE

TSX Venture Exchange Symbol: EDE

AIM Exchange Symbol: EDG 17 June, 2013

EDGE RESOURCES INC. Calgary, Alberta





Edge Resources Inc. Announces Full Year and Q4 Results



Edge Resources Inc. ("Edge" or the "Company"), is pleased to announce its audited results for the 12 month period ended 31 March 2013 and the three month period ended 31 March 2013 ("Q4 2012").



For the year ended March 31, 2013:



· Operational



Ø Average daily production increased to 681 boe/d from 452 boe/d against previous year



Ø Significant capital activity included;

o Three-dimensional seismic completed in the Primate area

o Drilling, completion, and tie-in/equipping of 6 oil wells; 4 in Primate, and 2 in Grand Forks

o Disposition of one section of undeveloped land in Southern Alberta



· Financial



Ø Raised $9.3 million in equity ($8.8 million net of cash share issuance costs), including $1.0 million in flow-through equity



Ø Incurred an additional $369k cost (which was expensed as general and administrative costs) to complete its listing on AIM in July 2012



Ø Willesden Green natural gas property written down by $1.4 million due to continued weakness of natural gas pricing



Ø Loss after tax of $6.7 million (2012 $2 million) due to lower production netbacks combined with increased interest costs and the above noted write-down







For the three months ended March 31, 2013:



· Operational



Ø Average daily production was 585 boe/d compared to 621 boe/d in the previous quarter; the decrease results primarily from natural declines and operational issues with some Primate wells



Ø Drilled, completed, and equipped 2 oil wells in Primate



· Financial



Ø Operating netbacks decreased from the comparable quarter in the previous year primarily due to increased operating costs associated with the Primate heavy oil property, which only contributed for 2 months in last year's comparable quarter





Brad Nichol, President and CEO of Edge commented,



"The last 12 months has been a transformational period for the Company. Edge's focus will continue to be on conventional, shallow, developmental drilling, with the planned 2013 and 2014 capital program concentrated on oil assets allowing the Company to increase near-term oil production and the associated cash flows. Previous drilling and seismic work uncovered additional and undiscovered oil pools on the Company's 100% owned asset in Primate, Saskatchewan. As of today's date, the Company is currently conducting preliminary field and geological work on a planned multi-well program on those lands to further delineate the pools and exploit the the significant value of the reserves, as defined by our updated reserve report, held in these new pools."



To view Edge Resources' full financial results statements and the Management's Discussion and Analysis, please go to the company website (www.edgeres.com).



For more information, visit the company website: www.edgeres.com or contact:

Not very good Dream.
Can it fall much further?

I was in this very early on ahoj. Can it fall much further, hmmmm.

Shares slump as losses widen at Edge Resource
Mon 17 Jun 2013



Shares slump as losses widen at Edge Resource LONDON (SHARECAST) - Edge Resources said full year losses widened after what the company described as a 'transformational period'.

The aim-listed oil development firm said losses for the year widened to $6.7m for the year to the end of March from $2.0m last time. Revenue, net of royalties, increased to $7m from $5.2m before.

The losses came after additional costs to complete its listing on AIM in July 2012 and after its Willesden Green natural gas property was written down by $1.4m due to continued weakness of natural gas pricing, the group explained.

Edge Resource said average production increased to 681 barrels of oil equivalent per day compared to 452 boepd last time.

President and chief executive Brad Nichol said: "The last 12 months has been a transformational period for the company. Edge's focus will continue to be on conventional, shallow, developmental drilling, with the planned 2013 and 2014 capital programme concentrated on oil assets allowing the company to increase near-term oil production and the associated cash flows."

"Previous drilling and seismic work uncovered additional and undiscovered oil pools on the company's 100% owned asset in Primate, Saskatchewan.

The company is currently conducting preliminary field and geological work on a planned multi-well programme on those lands to further delineate the pools and exploit the significant value of the reserves, as defined by our updated reserve report, held in these new pools."

Shares of the group fell 14.95% to 11.38p at 09:30 in London.

Edge Resources' Nichol says recent reserves report was 'conservative'
By Charlotte Kan June 19 2013, 3:53pm
Brad Nichol, CEO and President of Edge Resources (LON:EDG CVE:EDE), the Canadian oil and gas company, says the recent reserves report by Deloitte was 'conservative with estimates' and says the company's low FD&A costs are 'quite remarkable' compared to the rest of industry.


http://www.proactiveinvestors.co.uk/companies/stocktube/2055/edge-resources-nichol-says-recent-reserves-report-was-conservative--2055.html

Q&A : Edge Resources chief expects production to double over next year
By Proactive Investors June 27 2013, 3:10pm 'A year from now we should easily be double our current production.'"A year from now we should easily be double our current production."

Edge Resources, (LON:EDG CVE:EDE) a Canadian oil and gas company, recently announced a significant increase in its reserve and net present value.

Brad Nichol, president and chief executive explains the significance and potential.

Proactive Investors: The latest reserve report prepared by Deloitte’s shows an increase in total proved reserves of 21%, while total proved and probable reserves rose by 37.5%. So what news flow can we expect from the company now in terms of production?

Brad Nichol: The results that we have seen from Deloitte’s reserve report are basically the result of significant drilling in Saskatchewan and some 3D seismic. Stemming from that, we made a heavy oil discovery in Saskatchewan that increased the reserves.

So, going forward, that is clearly going to be the focus for the company. We like that the reserve report does not actually include the huge potential that is already there.

Deloitte’s have been quite conservative with their estimates. I think, in fact, they are only giving us reserves for eight wells, going forward, out of the nearly 100 or up to 100 locations that we think we can go and drill there.

PI: Average production declined in the last quarter; can you tell us what happened?

BN: Well, we had a couple of things. First was an acute issue with one of our wells. That well experienced some significant downtime. It was on and off off actually a couple of quarters, which we see in the financial statements.

But that problem was resolved on January 28th and since then that well has experienced almost zero downtime or only one or two hours of downtime in the last five months, so that problem is behind us.

We have also, temporarily, shut in a little bit of gas production in Saskatchewan.It is a bit of a negotiating tactic actually. We have to send our gas to a third party facility there. It is a small amount of gas and it does not really have a big impact on the company.

But as a negotiating tactic we have shut in that gas, and that of course impacts the production number. But it does not really impact the bottom line or net profit number at all. If anything, it helps it on the positive side.

PI: You have highlighted the company’s low FDNA costs. How did you achieve that? How does it compare to the rest of the industry?

BN: Well, it is remarkable compared to the rest of the industry. We achieved it, essentially, through our discovery in primate Saskatchewan. We have run into a pool, in fact three significant pools, and that is what is in the Reserve Report.

That is what allowed us to really achieve a huge number of reserves, a huge addition to the reserves for very, very little money.

That is what has got us excited about the future. The economics of drilling wells in these new discoveries, in these new pools in primate Saskatchewan, are second to none.

PI: What can people expect in terms of cashflow in the next few months?

BN: Well, one thing we do not see in the financial statements just published are the results of the recent wells that were drilled and the cashflow that those wells have generated.

We do not see that on the production number, we did not see that on the top line and we certainly did not see the results of that on the bottom line.

Since the end of March those wells have come on and increased production and cashflow. Then again, going forward, we have got up to 100 more locations to drill and obviously the impact on cashflow is going to be significant.

PI: So where do you see the company in a year’s time?

BN: A year from now we should have drilled at least a half a dozen more wells. I could not see us drilling fewer than that.

When we are getting results like the current well of near 100 barrels a day, for a C$650 000 investment and a 95% success rate, it is tough to beat.

So, a year from now we should easily be double our current production. We should be generating a significant amount of cashflow, to the point that we may even be able to start drilling some wells just out of that cashflow alone.

1st Quarter Results and Debt Restructuring

RNS


RNS Number : 0623N

Edge Resources Inc.

03 September 2013






FOR IMMEDIATE RELEASE

TSX Venture Exchange Symbol: EDE

AIM Exchange Symbol: EDG 3 September, 2013

EDGE RESOURCES INC. Calgary, Alberta





Edge Resources Inc. Announces First Quarter Results, Debt Restructuring and Production Update



Edge Resources Inc. ("Edge" or the "Company"), is pleased to announce its unaudited first quarter results for the three month period ended 30 June 2013 ("Q1 2013"), which represent a record quarter for the Company. Additionally, the Company is very pleased to announce excellent production results and a significant improvement in terms from one of its lenders.





Period Highlights





· Financial



Ø Revenue of C$2.3m for the three months to 30 June 2013 (2012: C$2.2m) - a record quarter for the Company



Ø Cash generated from operating activities of C$1.0m for the three months to 30 June 2013 - also a record quarter



Ø Netbacks on oil production improved by 120 per cent. from the previous quarter to C$37.46/bbl



Ø Netbacks on natural gas production improved from C$0.00/mcf in the previous quarter to C$0.92/mcf in Q1 2013



Ø Approaching breakeven with a small net loss for the period of C$0.03m (2012: C$0.11m)



Ø Average daily production remained flat of 577 boe/d compared to 585 boe/d in the previous quarter





Operational



Ø Vertical oil well drilled in late March 2013 at Eye Hill (formerly known as Primate) is producing over 100 boe/d (up to 114 boe/d)



Ø Water to oil ratios are below 50 per cent. which is significantly lower than the average for the area and much better than the Company's initial expectations



Ø Production capacity is currently being restricted to maximize reservoir life and maintain lower water to oil ratios





· Balance Sheet



Ø Subsequent to the Quarter end, the Company substantially reduced its working capital deficit by renegotiating the terms of the $8 million shareholder loan - in view of the fact that the Canadian bank lending environment is tightening the Company thought it would be prudent to improve the terms of the shareholder loan in order to reduce reliance on its overdraft facility



Ø Accordingly, the Company has agreed with the lender that the term of the loan be extended by more than three years, to January 2017 and the rate of interest be reduced from 12 per cent. to 10 per cent. per annum



Ø Neither the interest nor the principal are payable until the end of the term and the Company has the option to pay out the loan, or a portion thereof, at any time, without penalty



Ø The restructuring of the shareholder loan has strengthened the Company's balance sheet and reduced its annual interest cost; the Company is appreciative of the lender's ongoing support to the Company





· Reserves



Ø As previously announced, the Company's updated reserves report, prepared in June 2013 by Deloitte with an effective date of March 31st 2013, showed a major increase in reserves and net present value



Ø In the Company's core area of Eye Hill, the net present value of Proved (NPV10%) reserves increased by 225 per cent. to C$24.15 million



Ø In the Company's core area of Eye Hill, the net present value of Proved + Probable (NPV10%) reserves increased by 173 per cent. to C$60.1 million



Ø In total the net present value of the Company's Proved + Probable (NPV10%) reserves increased 37 per cent. to C$89.4m





Brad Nichol, President and CEO of Edge commented, "We are extremely pleased to have produced a record quarter for the Company. The record quarter, combined with excellent production results and very significant reserves increase in Eye Hill has verified our intentions to finance and drill the first 25 of up to 100 wells in Eye Hill. The runway is tremendous and we own 100% of the rights, with no partners, and we have 3D seismic coverage on the entire property." Nichol added, "During the production test, the vertical well we drilled in March, 2013 produced up to 114 bopd and is now comfortably above 100 bopd, still with plenty of room for improvement. Also in Eye Hill, a 225 per cent. increase in Proved Reserves and a 173 per cent. increase in Proved Plus Probable Reserves demonstrates the confidence of Deloitte, our reserve evaluation engineers. We're obviously very excited about moving ahead with development of this project."

Edge Resources to follow up Eye Hill success with winter drilling
By Jamie Ashcroft October 29 2013, 7:47am Edge is planning winter drilling in at least two locations, both of which will be in close proximity to the recent expectation beating wells.Edge is planning winter drilling in at least two locations, both of which will be in close proximity to the recent expectation beating wells.

Edge Resources (LON:EDG) is planning a winter drilling programme in the Eye Hill area after a prior well continues to please.

Production from a vertical well in the Eye Hill area has now averaged 130 barrels a day, peaking at 150 barrels, over the past month. This represents a continued improvement, as it was previously operating at 60-90 barrels per day.

The company says the water-to-oil ratio for this well is very low and it has continued to decrease, at the same time the well pressure is steadily increasing – compared with the start-up period it has improved 300% in the last month.

Now Edge is planning winter drilling in at least two locations, both of which will be in close proximity to the recent expectation beating wells.

"We are extremely pleased with these production results, especially in comparison to other pools in the area and particularly given the large number of similar drilling locations remaining on Edge's 100% owned lands,” said chief executive Brad Nichol.

“In the tight capital markets we're experiencing today, projects like the Eye Hill East discovery that typically generate three to four times the initial invested capital with a payback of less than six months, are critical to generating shareholder value.

“With up to an additional 100 potential wells to drill at Eye Hill, the company anticipates being able to fund future wells by recycling the surplus cash generated by newly drilled wells."

He adds: "Our intent is to minimise typical developmental risks in order to duplicate the results we've seen in Eye Hill to date. Our 3D seismic and the previously-drilled wells lead us to believe that future drilling opportunities in Eye Hill should provide us with similar well results.”

Edge also told investors of changes to its banking facilities.

An C$8mln revolving debt facility has been agreed with the National Bank of Canada, replacing a prior C$12mln facility. Interest rates have increased – to the bank’s premium rate plus 3%, versus plus 0.75% in the prior arrangement.

These changes reflect the current lending environment in Canada, where lending models and practices are being revised.

It has also cancelled a US$6.5mln line of credit for acquisition and development, as it says using such a facility is not justified in the current market.

Drilling Programme Update


http://www.moneyam.com/action/news/showArticle?id=4718152

Drilling Update

RNS


RNS Number : 8070V

Edge Resources Inc.

18 December 2013






FOR IMMEDIATE RELEASE

AIM Exchange Symbol: EDG

TSX Venture Exchange Symbol: EDE December 18, 2013

Edge Resources Inc. Calgary, Alberta





Edge Resources Inc. Drills and Cases Four Successful Wells in Eye Hill, Saskatchewan

Edge Resources Inc. ("Edge" or the "Company") is very pleased to announce that it has successfully drilled and cased four additional wells in Eye Hill, Saskatchewan, with all four wells expected to produce commercial levels of oil. Completion activities have already commenced and the wells are expected to be put on production test before Christmas.

After previously announcing the Company's intent to drill a minimum of three wells (see December 4, 2013 announcement), the Company was pleased to have moved very quickly to have constructed the necessary roads and locations, achieved the necessary regulatory approvals and secured the rig for all four wells in a very short period of time.

Increasing production and associated cash flow was the primary objective of the drilling programme, with three of the four wells being drilled, at most, 760 meters away from Eye Hill East's producing well (was last reported on October 29, 2013 to be producing at up to 151 bopd). One of those wells was not previously assigned any reserves on the Company's March, 2013 Competent Person's Report and two of those three wells were only assigned probable reserves.

The fourth location was drilled 2,900 meters from the producing well and was not previously assigned any reserves on the Company's March, 2013 Competent Person's Report.

The Company is very pleased with the logs from these four wells, two of which have demonstrated clear superiority to even the existing producer. Edge expects to see reserve additions and production contribution from all locations, which should lead to significant cash flow and asset value improvements.

All wells were drilled on or under budget, despite the sudden drop in temperatures to more than 30 degrees Celsius below freezing for most of the duration of the programme.

Brad Nichol, President & CEO of Edge, commented, "I could not be more pleased with the log results from these wells. The complete re-evaluation of our field data carried out this summer appears to have paid off and Mother Nature even rewarded us with a couple of nice surprises. Equally impressive was the operational team's ability to move quickly and execute the programme flawlessly. I am excited about the prospect of getting these wells on line to increase our production as well as updating our reserve report in the Spring. It is nice to have finally accomplished what we have been talking about doing for such a long time." Nichol added, "We have already commenced the completion and equipping operations and we expect to get at least three of the wells producing before the end of the year. The fourth may have to wait until the New Year to start producing oil, as the rig is now racked on our location and probably won't be moved off until after the Christmas break."

Competent Person's Statement

The preparation of the technical information contained herein was supervised by Brad Nichol, President and CEO of Edge Resources who is registered as a Professional Engineer and is recognised as a Qualified Person. Mr. Nichol has consented to the inclusion of the technical information in this release in the form and context in which it appears.

On the move.

up 20%

Solid buying today.

up 13% , Need the flow results

Production Update/Proactive Investors Presentation

RNS


RNS Number : 6631X

Edge Resources Inc.

14 January 2014






FOR IMMEDIATE RELEASE

AIM Exchange Symbol: EDG

TSX Venture Exchange Symbol: EDE January 15, 2014

Edge Resources Inc. Calgary, Alberta





Edge Resources Inc. Announces Production Additions and

Intention to Present at Proactive Investors One2One Investor Forum





Edge Resources Inc. ("Edge" or the "Company") is pleased to announce that Brad Nichol, President and CEO of Edge, will present at the Proactive Investors One2One Forum in London on Thursday (January 16, 2014). Ahead of the investor forum, the Company is required to provide a brief update regarding preliminary results of the recent four well drilling programme.

As expected (see December 18, 2013 announcement), the first three wells of the recent drilling programme were put on production test just prior to the year end; the fourth is expected to be brought on production within the next two weeks.

Total combined production from the three new wells is 175 bopd. However, as is usual with Cold Heavy Oil Production with Sand ("CHOPS") wells it can take an extended period of time for these types of wells to clean up and for the combination of sand, oil, water, foam and gas rates to stabilise.

Brad Nichol commented, "We are excited at the prospect of these wells adding to the production and reserves of the Company and are looking forward to getting them cleaned up and fully on-stream."

The Edge presentation will be uploaded to the Proactive Investors and Edge websites following the event.

Edge Resources set for higher rating, says Sanlam

By Jamie Ashcroft

January 31 2014, 11:25am
Edge Resources set for higher rating, says Sanlam

City broker Sanlam began its coverage of Edge Resources (LON:EDG) with a ‘buy’ recommendation, highlighting the firm has transformed itself into a producer of oil, rather than gas.

It is possible that Edge could be producing 1,000 barrels of oil equivalent per day (boepd), 80% of which oil, within 24 months, said Sanlam analyst Charlie Long.

This, he says, will set Edge in a “very different and higher rated category” of junior exploration and production companies.

“Edge’s new oil production is from Eye Hill near Lloydminster, a heavy oil area regarded as one of North America’s most profitable plays,” the analyst said in a note.

“Edge has over forty high-grade well targets plus very significant undeveloped land holdings. Following a drilling campaign in December and the new production it delivered, Edge is now generating sufficient cash to self-fund drilling going forward.”

Sanlam rates the stock as a ‘buy’ with a 10p price target.

demonstrates short journey from drilling to production revenues

By Sarah Lowther

April 11 2014, 3:42pm



Brad Nichol, chief executive officer of Edge Resources (LON:EDG, CVE:EDE), tells Proactive Investors the company in enjoying the fruits of the investment it made following last November's cash raise. Production revenues surpassed C$1mln in February and Nichol is confident that March will be another record month for the Canadian oil & gas company. The company is accumulating cash for future drilling, even as it pays down debt.


http://www.proactiveinvestors.co.uk/companies/stocktube/2699/edge-resources-demonstrates-short-journey-from-drilling-to-production-revenues--2699.html

Reserve Update

http://www.moneyam.com/action/news/showArticle?id=4806494

Listen here: Edge Resources Inc (EDG) - Reserve update

Click here to listen to the webcast

Into double figures with the good rise today.

Edge Resources in "self-funded virtuous cricle" says Sanlam

By Philip Whiterow

May 30 2014, 11:24am
Edge can now fund any further drilling internally.
Edge can now fund any further drilling internally.


Sanlam has raised its price target for Canadian oil group Edge Resources (LON:EDG) after the success of its recent drilling programme and better cashflows.

Edge can now fund any further drilling internally and as a result can commission six wells in the current year, more than previously forecast by the broker.

“Edge has employed an additional G&G [geological and geophysical] team to define drill targets at Eye Hill East. Three pools have been identified and we expect between 25 and 40 targets to be generated. The G&G team is also evaluating the wider Eye Hill property which could generate additional targets.”

February (C$1.1m) and March (C$1.2m) were record months for revenues while flow rates from the new wells were better than Sanlam expected.

An added kicker has come from the very strong heavy oil price while gas prices have also been high at an average C5.5/mcf recently.

Sanlam has raised its revenue and operating profit numbers for this year and the next to C$10.2 mln and C$2.3mln and C14.1mln and C$4.3mln respectively.

Earlier this month, Edge revealed a sharp rise in its reserves, most which was in the proved reserve category and that rose 72% year-on-year to 7.6mln barrels equivalent. Half of the incrae was attributable to the core assets at Eye Hill, Saskatchewan. Total proved reserve value was estimated at C$69.2mln, or around 23p a share.

'Buy' remains Sanlam's stance with a 14p price target.

Shares today were up 8% at 12p and have risen 48% this year so far.

Seems to be rerating. Good rise today

Shares - In a nut shell, the holly grail for oil and gas companies is to fund their activities out of the cashflow from existing production and Edge appears to be at this point. A competent persons report, essentially an independent audit released in May indicates the scope for further upside. It reveals a 44% increase in the estimated value of the £24 million cap's proved and probable reserves to £70million or 43p a share.

Edge Resources Inc. Full Year and Q4 Results

RNS


RNS Number : 4491K

Edge Resources Inc.

25 June 2014




FOR IMMEDIATE RELEASE

TSX Venture Exchange Symbol: EDE

AIM Exchange Symbol: EDG June 25, 2014

EDGE RESOURCES INC. Calgary, Alberta



Edge Resources Inc. Announces Full Year and Q4 Results



Edge Resources Inc. ("Edge" or the "Company"), is pleased to announce its audited results for the 12 month period ended 31 March 2014 and the three month period ended 31 March 2014 ("Q4"), highlights of which are set out below.



· Record annual revenue of $10.0 million up 19% versus $8.4 million last year and record quarterly revenue of $3.19 million for Q4 up 76% versus $1.81 million on the same period last year



· Record total field netback of $4.3 million for the year and $1.36 million for Q4 versus $1.98 million and $0.34 million respectively for the previous year



· Total field netbacks increased to $21.22/boe for the year and $24.38/boe for Q4 versus $7.96/boe and $6.37/boe respectively for the previous year. Oil field netbacks for the year were $38.18/bbl and $35.79/bbl for Q4 versus $19.97/bbl and $17.09/bbl respectively for the previous year



· Net loss of $1.7 million for the year and $0.63 million for Q4 versus $6.7 million and $3.22 million respectively for the previous year



· Average daily Oil & NGL production of 291 bbls for the year and 350 bbls for Q4 versus 282 bbls and 243 bbls respectively for the previous year. The daily oil production rate exiting the year was 376 bopd



· Average daily Natural Gas production of 1,587 mcf for the year and 1,608 mcf for Q4 versus 2,390 mcf and 2,052 mcf respectively for the previous year, reflecting natural declines and the Company's focus on oil



· Record year-end Proved reserve value, with a 72% year-on-year increase to $69.2 million (equivalent to 23.5p per share)



· Record year-end Proved + Probable reserve value, which increased 44% from $89.4 million to $129.0 million (equivalent to 43p per share)



· The Company raised $3.6 million gross in equity in November 2013, allowing the company to conduct an accelerated capital programme in Eye Hill, which resulted in the drilling, completion, and tie-in/equipping of 4 gross (4 net) oil wells in Eye Hill



Brad Nichol, President and CEO of Edge, commented, "The last year has been an exceptional period for the company with oil production leading to record revenue levels as a result of a very successful drilling programme that utilised the proceeds from our over-subscribed November 2013 share offering. The decision taken in 2012 to focus on increasing oil exploration and production is paying dividends - and it is a direction and policy we intend to follow with increasing vigour going forward. On that note, and following on from my May 8th comments, a healthy rise in oil production combined with favourable market conditions has enabled us to continue to generate record levels of cash, which we intend to put to good use through the drill bit."



Detailed operating and financial results are presented in Edge's financial statements and related Management Discussion & Analysis ("MD&A"), which can be accessed on the Company's website (www.edgeres.com) and on SEDAR (www.sedar.com).

UPDATE - Edge Resources boosted by significant debt refinancing

By Jamie Ashcroft

July 24 2014, 2:48pm
The new improved funding boosts plans to accelerate drill programmes, Brad Nichol said
The new improved funding boosts plans to accelerate drill programmes, Brad Nichol said


-ADDS BROKER COVERAGE-

Junior Canadian oil producer Edge Resources (LON:EDG, CVE:EDE) advanced nearly 10% after unveiling a significant debt refinancing which will boost its growth plans.

Edge has agreed a new $17mln revolving loan with ATB Corporate Financial Services, which replaces a facility with National Bank of Canada

Not only does it reduce annual interest costs - it now pays the Canadian prime rate plus 1.75% rather than plus 3% - the size of the facility also more than doubles from $8mln.

"This is a significant development for Edge and vastly improves our financial flexibility,” chief executive Brad Nichol said.

“This is a tremendous show of confidence from one of the biggest lenders to Canadian Junior Oil and Gas companies.

“The new facility also drastically reduces our cost of capital and provides us with a much larger pool of funds with which to fund new projects such as the acceleration of our drilling programme in Eye Hill, infrastructure projects that aim to lower our operating costs and/or short-fuse, opportunistic acquisitions."

After refinancing, $6.3mln of the new facility has been drawn dawn which leaves significant remaining ‘headroom’, Edge said.

The loan facility is secured against the group’s assets and the available borrowing base is determined by independent assessment of all material hydrocarbon interests, including royalty interests.

ATB also demands commercial covenants including the requirement that Edge maintains a working capital ratio of no less than 1:1, and that senior debt to cash-flow is no more than 3:1.

The refinancing comes as Edge ramps up its operations in Saskatchewan, Canada.

City broker Sanlam today said: “We note that Edge has been generating cash since the beginning of 2014 and is unlikely to increase its net debt position very significantly (e.g. above $10m) but the lower cost and additional flexibility is most welcome.”

Commenting on Nichol’s reference to "short-fuse, opportunistic acquisitions", Sanlam adds: “Potential acquisitions are highly likely to be low cost and nearby i.e. sympathetic to current operations and not a diversion in strategy.

“We do not expect Edge to make use of the whole C$17m facility and we will be updating our numbers, primarily to reflect the lower interest charges.”

In production update last month revealed the company is reaping the rewards of a successful drill programme at the Eye Hill project.

Four commercial wells were successfully drilled in December, and were brought online during the fourth quarter.

The wells provided a significant boost to production and due to the success of the programme the company has decided to re-invest in more drilling to further enhance this incremental revenue growth.

Edge revealed a 76% rise in fourth quarter revenues resulting from the investment in the new wells.

It generated US$3.19mln of revenue in the fourth quarter, compared with US$1.8mln in the same period of 2013. Full year revenues consequently rose 19% to a company record of US$10mln, up from US$8.4mln the year before.

On AIM this afternoon Edge shares were up 0.88p, 9.2%, trading at 10.38p.

Edge Resources' first quarter results "couldn't have been better", says Nichol

By Giles Gwinnett

September 01 2014, 9:41am
The firm generated C$1.1 million in cash from operations in the three months and of that C$360,000 was reinvested in capital programmes and $750,000 was used to pay down bank debt
The firm generated C$1.1 million in cash from operations in the three months and of that C$360,000 was reinvested in capital programmes and $750,000 was used to pay down bank debt


Junior oil producer Edge Resources (LON:EDG, CVE:EDE) has unveiled another record-breaking quarter, posting a net income of C$288,431 in the first quarter compared to a loss of C$30,678 in 2013.

Sales in the three months to end June were C$3.5mln compared to C$2.3 million in 2013.

The firm generated C$1.1 million in cash from operations in the three months and of that C$360,000 was reinvested in capital programmes and C$750,000 was used to pay down bank debt.

Quarterly oil net-backs improved 37% compared to the previous quarter to $C49.14 per barrel.

President and chief executive Brad Nichol was delighted: "We are very pleased to have generated another record-breaking quarter.

"More revenue, more profit, more reserves and more cash - it couldn't have been better. Our focus now is on implementation of our capital programme, which we expect will be conservative and balanced between acquisitions and drilling on our existing property."

Nichol added: "These quarterly results demonstrate that we have set ourselves a very high bar in terms of cash generation, capital payback and return on capital; thus, any new projects we undertake must meet those very high hurdles in order to make our short-list.

"It's a fantastic problem to have and we look forward to implementing a capital programme in the near future."

Shares rose 4.08% to stand at 12.75p.
-----------------------------------------------------------------------------------------------

1 Sep Sanlam... 14.00 Buy

Broker spotlight - Edge Resources (LON:EDG) has continued to make headway, but the real progress for FY’15 will start with the drilling programme in October/November (2014) says Sp Angel.

The broker applauds the start of the drilling programme, cash management and the focus on debt reduction but has kept its 19p (C$0.35) target price.

This could easy be 20p a share by end of this year,just checked through the last
figures issued and they look very impressive indeed.Quite a turnaround story here
in the making and growing fast.Also very high netbacks per barrel means those
reserves they have are worth a fair bit.Cant believe this not on the radar!

Half Yearly Results

RNS


RNS Number : 1271Y

Edge Resources Inc.

27 November 2014






FOR IMMEDIATE RELEASE

TSX Venture Exchange Symbol: EDE

AIM Exchange Symbol: EDG November 27, 2014

EDGE RESOURCES INC. Calgary, Alberta





Edge Resources Inc. Announces Half Year Results



Edge Resources Inc. ("Edge" or the "Company") is pleased to report its operating and financial results, for the second quarter and half year ended September 30, 2014 ("Q2 2015" and "H1 2015").

Detailed operating and financial results are presented in Edge's unaudited financial statements and related Management Discussion & Analysis ("MD&A"), which can be accessed on the Company's website (www.edgeres.com) and on SEDAR (www.sedar.com). The unaudited results for the three and six month periods ended September 30, 2014 are highlighted and summarised below.



Highlights for the three and six month periods, ending September 30, 2014:



· Oil and Natural Gas Sales for H1 2015 amounted to $5,831,131 versus $4,887,341 for the same period last year (19% increase).

· Cash generated from operating activities continued its trend and increased to $1,241,000 in H1 2015 from $850,000 one year ago (46% increase). It increased to $99,000 for Q2 2015, compared to a loss of $185,000 for the same quarter one year ago.

· Net income of $170,000 in H1 2015 versus a net loss of $246,000 for the same period last year.

· Half yearly Operating Costs for oil decreased to $18.52/bbl from $20.42/bbl and oil Netbacks increased to $45.37/bbl from $44.42/bbl. Oil-based half year Netbacks increased to $2,547,000 compared to $2,065,000 one year earlier (23% increase).

· Continued focus on controlling costs resulted in a 5% and 9% decrease in G&A Costs for the quarter and half year periods, respectively.



Brad Nichol, President & CEO of Edge, commented, "We are very pleased with our half-yearly results, as we held our own despite a falling oil price - which started the quarter at $105/bbl and ended the quarter at $91/bbl - and a temporary production issue that occurred and was resolved during the second quarter. Even with these challenges, we exited the first half of our financial year with a Netback above $40/bbl and with more cash and a higher production rate than when we started the quarter. This success was aided by a much-improved heavy oil discount to WTI and a weaker Canadian dollar, both of which appear to be holding steady into the future." Nichol added, "In hindsight, we made excellent capital choices, having chosen to conserve cash in the midst of deteriorating oil prices and take a 'wait and see' approach to our capital plans. While this tact did not provide a multitude of drilling activity and announcements, we are still very excited about the significant number of wells we can, and will, drill in Eye Hill. This view has been reassured by the robust production from the wells we drilled last year and that are still producing at roughly the same - or better - levels than almost one year ago. Additionally, having just generated sales of $1.1 million from October production when the average WTI oil price was $84/bbl, we have nothing but confidence in the path forward. Finally, we are planning to construct a water disposal facility in Eye Hill East, which will provide a level of water handling capacity, capability and cost control that is necessary when considering a large-scale, long-term drilling programme, which is an important step in the bigger blueprint for Eye Hill East. We anticipate that this new facility will enable us to increase production from existing wells whilst at the same time reduce production costs for existing and upcoming wells. Our bank has agreed to fund this facility, which nicely complements our confidence in the long-term strategy and while oil prices are unstable, bringing down operating costs is what I believe all oil companies should be focused on."

27 Nov SP Angel 16.00 Buy
27 Nov Sanlam... 10.00 Buy

Edge Resources chief has "nothing but confidence" despite lower oil prices

By Jamie Ashcroft

November 27 2014, 1:57pm
Edge Resources chief has 'nothing but confidence' despite lower oil prices

Onshore Canadian oil firm Edge Resources (LON:EDG) revealed a 19% rise in first half oil and gas sales, bringing in $5.8mln in the six months to September 30.

Despite the falling oil price, Edge chief executive Brad Nichol told investors the company has "nothing but confidence in the path forward."

In this morning's interim results statement, he said: "We are very pleased with our half-yearly results, as we held our own despite a falling oil price - which started the quarter at $105/bbl and ended the quarter at $91/bbl - and a temporary production issue that occurred and was resolved during the second quarter.

"Even with these challenges, we exited the first half of our financial year with a Netback above $40/bbl and with more cash and a higher production rate than when we started the quarter."

Nichol added that, in hindsight, the group's "wait and see" approach to capital spending was an excellent choice even if it meant less drilling activity.

Nevertheless, he says the company remains very excited about the significant number of wells that can be drilled at the flagship Eye Hill project.

"This view has been reassured by the robust production from the wells we drilled last year and that are still producing at roughly the same -or better - levels than almost one year ago."

Among the group's forward plans will be the construction of a water disposal facility which will enable a scaling up of longer term drilling, it will also allow an increase in production from existing wells. The programme is described as an important step in establishing a "bigger blueprint" for Eye Hill. The work will be funded through an agreed bank facility.

Edge told investors it generated $1.24mln of cash from operating activities in the six month reporting period, up from $850,000 in the same period of 2013.

It banked a net income of $170,000 versus a $246,000 net loss last year.

Operating costs were down to US$18.52 per barrel versus $20.42 in 2013, whilst at the same time net back from oil sales increased to $45.37 per barrel from $44.42 - it received $2.54mln in H1 2014 versus $2.06mln last year.

"With oil prices at current levels, a supportive credit provider, the company’s focus on cost control and higher return drilling programmes means that Edge is better able to face the next period," said Zac Philips, analyst at SP Angel.

The City broker repeated a 'buy' recommendation, but reduced the target price to 16p from 19p - current price: 6.2p.

Completion of New Facility & Operational Update

http://www.moneyam.com/action/news/showArticle?id=4966280
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28 Jan SP Angel 12.00 Buy