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

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. :-))