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Letter to Shareholders

1st Feb 2013 07:00

RNS Number : 8610W
Edge Resources Inc.
01 February 2013
 



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.

 

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