1st Feb 2013 07:00
FOR IMMEDIATE RELEASE 01 February 2013
AIM Exchange Symbol: EDG Calgary, Alberta
TSX Venture Exchange Symbol: EDE
Edge Resources Inc.
Edge Resources Inc. - Letter to Shareholders
Edge Resources Inc. ("Edge" or the "Company") has today press released a letter to its shareholders in which Brad Nichol, President and CEO, reviews the Company's 2012 achievements. Also included are the Company's plans for 2013, which will include (i) drilling new targets on its large, undeveloped land base (with a rig expected to be moved to the first location in February), (ii) further delineation of its new pool discoveries in Saskatchewan and (iii) drilling a new oil horizon using horizontal drilling techniques.
The letter is available from the website: http://www.edgeres.com
Contact:
Brad Nichol - President & CEO
Phone: +1 (403) 767 9905
Merchant Securities - Nomad and Broker
Lindsay Mair
Katie Shelton
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. Targeting shallow, conventional development 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 remaining 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.
Related Shares:
EDG.L