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The Directors of Egdon Resources plc are pleased to provide details of an agreement in relation to East Midlands licences PEDL139 and PEDL140. The agreement has various farm-in elements and will result in the preservation of the licences for a further five years and enable a full evaluation of both the Coal Bed Methane (“CBM”) and shale gas potential of the area at minimal cost to Egdon.PEDL139 and PEDL140 were awarded in the 12th landward licensing round in 2004 and are located in the Gainsborough Trough sedimentary basin. Egdon and Star Energy Oil and Gas Limited (“Star”) are sole licensees in PEDL140 each holding a 50% interest. In PEDL139 Egdon and Star hold the hydrocarbon rights below 3000 feet on the same basis and Greenpark Energy Ltd (“Greenpark”) holds 100% of the rights above 3000 feet. Star is currently operator of both permits. The initial term work programme obligations require the drilling of a well on both licences during the initial period which ends on 30 September 2010.The technical evaluation of these licences failed to identify any viable conventional oil or gas prospects. A recent evaluation by Egdon has recognised that the area may contain a potentially significant shale-gas resource within the pre-Westphalian (Lower Carboniferous) age sediments (designated as the “Lower Horizon”). In addition Greenpark’s evaluation of the CBM potential of the area has identified a number of prospective coal seams which are developed across the two blocks within the Westphalian (Upper Carboniferous) age sediments (designated as the “Upper Horizon”).Egdon and Star have reached agreement with Greenpark and eCORP Oil and Gas UK Limited (“eCORP”) to undertake the following linked transactions:

• Greenpark will farm-in to the Lower Horizon in PEDL139 and to both the Upper and Lower Horizons in PEDL140.
• eCORP will farm-in to both the Upper Horizon and Lower Horizon in PEDL139 and PEDL140; and
• Egdon will farm-in to the Upper Horizon in PEDL139

It has also been agreed that Greenpark will become the operator of the Upper Horizon and eCORP will become the operator of the Lower Horizon in both of the licences.In relation to the Upper Horizon, which contains the CBM potential, Greenpark will drill boreholes on both PEDL139 and PEDL140 prior the end of the first term in September 2010 which will extend these licences into their second five year licence period. These boreholes will enable the coring, sampling and analysis of the coal seams in both licences for evaluation of their thickness, gas content and permeability. The results will be used to evaluate the commerciality of a CBM development.As part of the Upper Horizon farm-in to PEDL139 Egdon will pay 10% of the cost of drilling the two wells up to a total cap of £100,000.On completion the interest holders in the Upper Horizon in PEDL139 and PEDL140 will be as follows:Greenpark Energy Limited - 60.0%eCORP Oil and Gas UK Limited - 30.0%Egdon Resources U.K. Limited - 10.0%Star Energy Oil and Gas Ltd - 0.0%In relation to the Lower Horizon which contains the potential shale-gas resource, eCORP will farm-in on the following basis.Prior to 30 September 2013, eCORP has undertaken to pay 100% of the cost for the drilling and testing of one vertical well to a depth of approximately 4,500 metres subsurface or sufficient to test the potential of the Dinantian shale formations, whichever is shallower, on either PEDL 139 or PEDL 140 (“Phase 1”). On completion of Phase 1 eCORP will either elect to pay 100% of the cost to drill and test one or more horizontal lateral wells drilled from the vertical well with the aggregate length (of all such lateral wells) being at least 1,000 metres, or offer to assign its interests in the Lower Horizon to the other Parties in equal shares (i.e. 20% to each).In return for delivering the licences into the second term through the drilling of the two CBM wells Greenpark will earn rights to the Lower Horizon as detailed below.On completion the interest holders in the Lower Horizon will be as follows:eCORP Oil and Gas UK Limited - 60.0%Greenpark Energy Limited - 16.5%Egdon Resources U.K. Limited - 13.5%Star Energy Oil and Gas Limited - 10.0%The transaction is subject to the consent of the Department of Energy and Climate Change.Commenting on today’s announcement, Mark Abbott, Managing Director of Egdon said:

“The conventional oil and gas potential of these licences failed to meet our technical and commercial hurdles and as such prior to this agreement we were looking at relinquishing our interests in both licences. This agreement enables the preservation of the permits for a further five years to enable the full evaluation of both the CBM and shale gas potential of the area. Our initial work indicates the presence of a potentially significant shale-gas play in the Gainsborough Trough and the presence of a highly prospective coal sequence for CBM.The farm-out to eCORP will enable Egdon to participate in the evaluation of one of the major potential shale-gas basins in the UK with no financial exposure.Successfully evaluating and developing both of these plays is highly specialised and we are fortunate to have Greenpark and eCORP as operators of the CBM and shale-gas respectively.”

Egdon Resources notifies that following the recent issue of 39,200,000 ordinary shares, the Company's issued share capital comprises 130,675,774 ordinary shares of 10p each. There are no ordinary shares held in Treasury. Therefore the total number of voting rights in Egdon Resources plc is 130,675,774.The above figure of 130,675,774 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

Egdon Resources plc (AIM:EDR) is pleased to provide an update on the expected timing of the Burton on the Wolds-1 conventional exploration well in UK Onshore Licence PEDL201 located in Leicestershire.The drilling rig and associated equipment has been demobilised from the Wressle-1 well-site following the completion of that well for future testing operations. The rig will now drill a single well for Alkane Energy plc, which was deferred to enable the Wressle-1 well to be drilled, before then mobilising to Burton on the Wolds. Well-site construction at Burton on the Wolds has been completed and it is anticipated that operations will commence by mid-October.We will provide a further update to shareholders on commencement of drilling operations.The Burton on the Wolds Prospect is defined on proprietary 2D seismic data which was acquired by Egdon in May 2011. Evaluation has highlighted a conventional oil prospect with targets at two distinct Carboniferous stratigraphic levels. The shallower target, the Rempstone Sandstone, is productive at the nearby Rempstone oil field. A seismic anomaly, possibly indicative of a carbonate reef, underlies the Rempstone Sandstone and provides a deeper secondary target. The mean combined Prospective Resources for the two target objectives, as calculated by Egdon are estimated to be 3.8 million barrels of oil.The planned vertical well will be relatively shallow with a drilled depth of around 1,000 metres. It has been designed to intersect both targets in a structurally favourable position near the crest of the Burton on the Wolds structure.The interests in Licence PEDL201 and the Burton on the Wolds-1 well are:Egdon Resources U.K. Limited32.50% (operator)Celtique Energie Petroleum Limited32.50%Terrain Energy Limited12.50%Corfe Energy Limited12.50%Union Jack Oil plc10.00%As a result of previously announced farm-outs, Egdon’s net share of the cost of the Burton on the Wolds-1 well will be 15%.For the avoidance of doubt the Burton on the Wolds prospect is a conventional oil prospect and our operations will not, either now or in the future, involve the process of hydraulic ‘fracking’ for shale gas since the area around the Burton on the Wolds prospect has neither the required conditions nor the specific rock-types present for shale gas exploration.

Egdon Resources plc (AIM:EDR), the UK-based exploration and production company with a primary focus on the hydrocarbon-producing basins of the onshore UK, reports the following operations update ahead of the announcement of the Company’s Final results scheduled for 11 November 2014.Egdon continues to make good progress across the business. Average net daily production for the financial year to 31 July 2014 was 238 boepd against our production guidance of 200 boepd, helped by strong performance from the Ceres gas field. Liquids production for the period was 53 boepd net.Additional detailed work has now confirmed the preliminary evaluation of the Wressle-1 well results, which were announced on 2 September 2014 and which indicated potential hydrocarbon bearing zones in three separate reservoir intervals. We are currently finalising the design and logistics for the testing programme and expect to commence testing using a work-over rig during November 2014 following the drilling of the Burton on the Wolds-1 conventional exploration well where operations have now begun.The Company will be an active participant in the 14th UK Landward Licensing Round which closes on 28 October 2014, with any new licence awards anticipated during 2015.The next six months will be busy for Egdon, with a new operated drilling campaign expected to commence early in 2015. This programme is expected, subject in part to planning consent, to comprise three operated onshore exploration wells for conventional hydrocarbons at Laughton, North Kelsey and Biscathorpe. In addition operations at the non-operated Kiln Lane well could start before year end. This programme of wells will expose the Company to material resource potential. Additional wells for both conventional and unconventional hydrocarbons are planned for drilling later in 2015.The Company will be announcing its Final results for the year ended 31 July 2014 on Tuesday 11 November 2014. There will be an analyst meeting at 9.30am at the offices of Buchanan, 107 Cheapside, London, EC2V 6DN.Commenting on this update Mark Abbott, Managing Director of Egdon said:

“We have made good progress with all aspects of the business over the last year and I look forward to updating shareholders in detail on 11 November. The coming few months will see the results of the Burton on the Wolds exploration well, testing of Wressle-1 and the start of a further conventional drilling programme.”

The Directors of Egdon Resources plc are pleased to announce that Egdon and eCORP Oil & Gas UK Limited (“eCORP”) have entered into a conditional agreement for the sale of Egdon Resources (New Ventures) Ltd (“ERNV”), the holder of Egdon’s permit interests in France, to eCORP for £4.5 million in cash (the “Disposal”). Egdon will also be granted certain Back-In Options.The key assets of ERNV are a 60% interest in the Navacelles Permit, a 40% interest in the Gex Permit and a 40% interest in the Gex Sud Permit application (the “Permit Interests”). ERNV’s beneficial interests in the St. Laurent and Pontenx Permits and, when awarded the Donzacq Permit (together the “Excluded Permits”) are being transferred to two newly-incorporated Egdon subsidiaries, Egdon Resources France Limited (“ERF”) and Aquitaine Exploration Limited (“Aquitaine”).In addition to conventional oil and gas prospects the permits involved in the Disposal all contain potential shale-gas resources which are a key focus for eCORP. Exploration for and development of shale-gas resources requires specialist knowledge and skills. eCORP have considerable experience in this area and are well positioned to undertake an accelerated exploration programme leading to early commercialisation in a success case.The Disposal is conditional on, inter alia, the French Minister in charge of Mines not opposing the transfer of the Excluded Permits, or the change in ownership of ERNV, and is also subject to no material adverse change occurring prior to completion. The non-opposition procedure under the French Mining Code can take between two and four months and completion of the Disposal is expected to take place shortly thereafter.Other terms of the transaction include:Mutation - following Completion, ERNV will continue to hold the registered title to the interests in the St Laurent and Pontenx Permits, and when awarded the Donzacq Permit, while the legal transfer of these permit interests to ERF and Aquitaine undergoes the mutation (assignment) process under the French Mining Code. Egdon and eCORP have entered into an agreement governing their relationship in respect of the rights and liabilities relating to these permits during this period.Technical Services Agreement - Egdon will provide eCORP with certain services in connection with the business and development of the Permit Interests.Back-in Option – Egdon has options to “back-in” for a 6% interest in the Gex Permit and Gex Sud Permit Application and 9% interest in the Navacelles Permit. These options are exercisable up to the later of two years from the date of the agreement (or in the case of the Gex Sud Permit application two years from any licence award) or 60 days following the completion of testing of the first well on each permit, subject in each case to a maximum period of 5 years from the date of the agreement. On exercise of any back-in option Egdon will pay to ERNV its pro-rata share of all costs incurred on that permit including the appropriate proportion of the original acquisition price.ERNV Assets - At completion ERNV will hold operated interests in the Gex and Navacelles Permits and the Gex Sud Permit application. The Gex Permit, where ERNV holds a 40% operated interest, is located in the Jura/Molasse Basin of Eastern France adjacent to the Swiss border and the City of Geneva. The main exploration targets comprise oil in shallow Oligocene sandstones, gas in deeper Triassic reservoirs and potential Jurassic, Cretaceous and Permo-Carboniferous shale-gas resources. The Gex Sud Permit application which is subject to competition is located to the south and east of Gex and contains similar play types. The Navacelles Permit, where ERNV holds a 60% operated interest, is located in the SE Basin of France. The permit contains identified conventional gas prospects which are candidates for fracture stimulation, and a potential shale-gas resource in Jurassic and Cretaceous source rocks.The Excluded Permits - Egdon will retain its interests in the St Laurent and Pontenx Permits and Donzacq Permit application all located in SW France. St. Laurent, where Egdon holds a 33.434% interest, contains the Grenade heavy oil discovery and the Audignon Prospect, a multi-TCF potential Triassic sandstone sub-salt gas prospect. The Donzacq Permit application, which is awaiting formal award, contains a possible extension to the Audignon Prospect and a separate analogous structure, Bastennes Gaujacq. Egdon holds a 33.434% interest in the Donzacq Permit application. Pontenx, where Egdon hold a 40% interest, is located on the southern margins of the Parentis Basin. The permit contains the abandoned Mimizan Nord heavy oil field, and a number of prospects adjacent to or up-dip of wells with good oil shows and tests in Cretaceous carbonates. Egdon will retain operatorship of all Excluded Permits.Commenting on the transaction, Mark Abbott, Managing Director of Egdon said;

”The sale of ERNV to eCORP enables Egdon to convert these early-stage exploration projects into near-term cash whilst retaining access to upside value in a success case through a back-in option. eCORP’s experience in similar plays in the US and its financial strength will enable an accelerated exploration programme leading to earlier potential commercialisation.France remains a key focus for Egdon, and the St Laurent and Pontenx Permit interests and the Donzacq application, which have been excluded from the Disposal, retain significant potential for Egdon and along with the two permits being acquired as part of the EnCore transaction continue to provide Egdon with a significant operated opportunity base in France.The Disposal will significantly strengthen Egdon’s balance sheet and enable the business to focus on its key near-term projects in the UK and France.Egdon will also retain a close involvement in the ERNV permits through the provision of technical services to eCORP and both organisations will benefit from an exchange of knowledge. We look forward to assisting eCORP over the coming years to successfully explore the conventional and shale-gas potential of the ERNV permits.”

Commenting on the acquisition of ERNV, Dr. John F. Thrash, Chairman, President, and Chief Executive Officer of eCORP International LLC said;

“In acquiring ERNV, eCORP will add attractive conventional and unconventional prospects to its existing asset base in Europe. We feel very fortunate to have Egdon’s expertise at our disposal through the Technical Services Agreement.”

Notes to Editors:Egdon Resources plcEgdon Resources plc (LSE: EDR) is an established UK-based exploration and production company primarily focused on onshore exploration and production in the hydrocarbon-producing basins of the UK and Europe.Egdon currently holds interests in twenty four licences in the UK and France and has an active programme of exploration, appraisal and development within its balanced portfolio of oil and gas assets. Egdon is an approved operator in both the UK and France.Egdon has production from the Keddington and Kirklington oil fields in the East Midlands and the Avington oil field in Hampshire. Further oil and gas production is anticipated from Eakring-Dukes Wood, Waddock Cross and Kirkleatham in 2010.Egdon have announced the planned acquisition of a package of UK and French assets from EnCore Oil plc. On completion of this transaction Egdon will have additional production from the Ceres gas field and a significantly expanded acreage position. Prior to completion of the eCORP Disposal Egdon will hold interests in a total of thirty licences in the UK onshore, one offshore UK and six permits in France (plus one pending award).Egdon Resources plc listed on AIM in January 2008, following the demerger of its gas storage business, Portland Gas plc (now renamed Infrastrata plc). The pre-demerged business was formed in 1997 and listed on AIM in December 2004.www.egdon-resources.comeCORP Oil & Gas UK LimitedeCORP Oil & Gas UK Limited, a UK limited liability company, is a subsidiary of eCORP International, LLC, a Delaware limited liability company based in Houston, Texas and London, England. The eCORP companies develop, operate and own natural gas storage facilities, and develop and explore conventional and unconventional natural gas prospects in the US and Internationally. eCORP has been engaged in the research and development of unconventional hydrocarbon production since 1979. eCORP has been engaged in the development and operation of independently owned natural gas storage facilities and related assets since 1984.www.ecorpusa.comIn accordance with the AIM Rules – Note for Mining and Oil and Gas Companies, the information contained in this announcement has been reviewed and signed off by the Managing Director of Egdon Resources plc Mark Abbott, a Geoscientist with over 23 years experience.

Further to the announcement of 22 March 2010, the Directors of Egdon Resources plc are pleased to announce the completion of the acquisition of certain of EnCore Oil plc’s (“EnCore”) assets by Egdon (“the Acquisition”). The package of assets acquired comprise of EnCore’s entire interest in nine onshore UK licences and an interest in the Ceres gas field in the Southern North Sea.As consideration for the Acquisition, Egdon has issued 39,200,000 Ordinary Shares (“the Consideration Shares”) to EnCore, which represent 29.998 per cent. of the enlarged share capital of the Company. Application has been made for admission of the Consideration Shares to trading on AIM, which is expected to become effective on 29 July 2010. The total number of Egdon Ordinary Shares in issue on admission will be 130,675,774.Completion also triggers a number of other terms of the transaction, namely;Lock-in Arrangements — whereby EnCore and certain of its subsidiaries have undertaken not to dispose of any Consideration Shares for a period of 12 months from the date of their admission to trading on AIM.Non-Compete Arrangements — under which, other than by agreement, Egdon will restrict its offshore activities in the UK and EnCore will restrict its onshore operations in the UK and France to the areas adjoining their respective existing operations.Technical Services Agreement — whereby EnCore and Egdon have agreed to provide each other with certain services in connection with each of their businesses and the development of the Assets following the Acquisition.Facility Agreement — under which EnCore has agreed to provide Egdon with access to an unsecured loan facility for the purpose of exploration and development activities of Egdon and its affiliates. The Facility Agreement provides a term loan facility for a period of two years in an aggregate amount equal to £1,500,000 which can be drawn down at the request of Egdon in tranches of £250,000 at an interest rate of 10% or LIBOR plus 5% if greater.The acquisition of EnCore E&P Limited which holds the Nimes and Mairy permits in France is expected to complete later in the year. The consideration for this will be £100,000 in cash.Board AppointmentEnCore have a right on completion to appoint a non-executive director to the Egdon Board for a period of five years thereafter, provided that either it holds 15 per cent. or more of the share capital of Egdon or it is the largest shareholder of the Company.Accordingly, we are pleased to report that Alan Booth, the Chief Executive Officer of Encore, has today been appointed as a non-executive Director of Egdon. Prior to co-founding EnCore, Alan Booth was Chairman and Managing Director of EnCana (U.K.) Limited (now Nexen Petroleum U.K. Limited), and a member of EnCana Corporation's executive management team. He was instrumental in building EnCana UK from a new UK entrant in late 1996 with a $55 million exploration funding obligation into a significant UK production operator and the discoverer and development operator for the Buzzard field. In late 2004 Alan lead the UK team which sold EnCana (U.K.) Limited to Nexen Corporation for $2.1 billion. Prior to EnCana, Alan worked in a number of positions of increasing seniority for Amerada Hess and Oryx Energy both in the UK and overseas. He has particular experience in new ventures acquisitions and exploration in the UK, Scandinavia, Australasia as well as the Middle East and Africa.From December 2003 until March 2005, Alan was President of the United Kingdom Offshore Operators Association (UKOOA) the representative body for all UKCS offshore operators. He also subsequently served as a Director of Oil & Gas UK and was a member of PILOT, the main forum for Government-Industry liaison chaired by the Energy Minister, as well as being a member of the Industry Leadership Team (ILT). In 2003, he was elected President of the Petroleum Exploration Society of Great Britain; in April 2004 Alan was awarded the Petroleum Group Silver Medal by the Geological Society in recognition of his contribution to the Industry. Alan's background is in geoscience and he holds a BSc in Geology from Nottingham University, and a Masters Degree in Petroleum Geology from the Royal School of Mines, Imperial College London.Alan is a current director of industry body OGIA.Alan Booth, aged 52, currently holds the following directorships; EnCore Exploration Limited, EnCore Natural Resources Limited, EnCore Petroleum Limited, EnCore North Sea Limited, EnCore Oil plc, EnCore Oil and Gas Limited, EnCore (E&P) Limited, EnCore (NNS) Limited, EnCore (VOG) Limited, EnCore Gas Storage Limited, Oil and Gas Independents’ Association LimitedWithin the last five years, Alan Booth has held the following directorships; EnCore (SNS) Limited, Nexen Petroleum UK Holdings Limited, Petroleum Exploration Society of Great Britain Limited, United Kingdom Offshore Operators Association Limited, Oil and Gas UK Limited, RWA DEA UK EC Limited, The United Kingdom Offshore Oil and Gas Industry Association LimitedCommenting on today’s announcement, Mark Abbott, Managing Director of Egdon said:

“We are pleased to report the successful completion of the acquisition of these UK assets from EnCore which provide a significant increase in our opportunity base from which to develop and grow our business over the coming years. The assets are an excellent strategic fit with our existing portfolio and we look forward to fully integrating them into Egdon’s business. Key amongst them are the Ceres gas field, an increased interest in the Kirkleatham gas development, the Biscathorpe Prospect adjacent to our Keddington oil field in Lincolnshire and an interest in two near-term exploration wells in the Weald Basin (Markwells Wood-1 and Havant-1).I would also like to welcome Alan Booth to Egdon’s Board. Alan is a highly experienced and respected member of the UK oil and gas industry and we look forward to his input and advice in the development of Egdon’s business over the coming years”

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Egdon Resources plc (AIM:EDR) is pleased to provide an update on production operations at the Keddington oil field located in Lincolnshire licence PEDL005(Remainder).Egdon is the operator of the Keddington oil field with a 75% interest. Egdon's joint venture partners are Terrain Energy Limited (15%) and Alba Resources Limited, a wholly-owned subsidiary of Nautical Petroleum plc (10%).As previously reported, drilling operations on the Keddington-3 and 3z wells were successfully completed on 24 April 2010.The Keddington-3z well was completed for pumped production on 4 June 2010 following delays caused by the need for a work-over to repair leaking production tubing. Continuous pumped production of the well began at 10.30 hours on 7 June 2010 and by 18.30 hours the well had begun to produce hydrocarbons to the surface.As significant flowing pressure was observed, the pump was stopped and the well was allowed to flow naturally. The well has been free-flowing oil and gas to the surface since this time. Oil production for the seven days until 10.30 hours on 14 June 2010 was 1855 barrels at an average rate of 265 barrels of oil per day. The well is also producing significant quantities of gas with the daily rate being over 500,000 cubic feet of gas per day. The currently observed production represents over a ten fold increase in daily oil volume and a five fold increase in gas volume from the Keddington-2z donor well. It should also be noted that flow from the well is currently being restricted to manage the gas flows and pressures in the surface facilities. The flowing pressure at the well head has been steady at around 69 bar.Given the significant levels of gas being produced from this well, Egdon is now looking to resurrect plans for on-site electricity generation with a view to developing an additional revenue stream and utilising the produced gas.Commenting on the preliminary production data Mark Abbott, Managing Director of Egdon said;

"We are encouraged by the early performance of the Keddington-3z well. The current level of oil production exceeds our pre-drill estimate and will provide a welcome a boost to production and revenues. The high level of gas production presents us with an opportunity to generate further cashflow from the field in due course and as a priority we will be reviewing our options for electricity generation over the coming weeks. We will continue to produce and monitor the well to determine its long term production capacity and will update shareholders in due course."

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Egdon Resources plc (AIM:EDR) is pleased to announce that its wholly owned subsidiary Egdon Resources (New Ventures) Limited has been advised of the formal award of the Navacelles Permit in the South East Basin of onshore France.The Navacelles Permit which covers an area of 216 square kilometres was awarded for a period of five years effective from 1 March 2010 and carries a financial commitment of 1.36 million Euros.Egdon will be the operator of the Permit with a 60% interest. Egdon's joint venture partners are Eagle Energy Limited (20%) and a subsidiary of Heyco International (20%).Egdon's evaluation of the licence area has identified a series of large anticlines where previously drilled wells have indicated the presence of gas in low-permeability limestone reservoirs. Egdon will investigate the potential for applying modern fracture stimulation techniques to enhance the productivity of the gas bearing limestones to achieve commercial flow rates. Egdon has also identified shale-gas potential within the licence area and this will form an integral part of our detailed evaluation.Commenting on the award Mark Abbott, Managing Director of Egdon said;

"We are delighted to have been awarded the Navacelles Permit in the light of substantial competition, which included oil major Total. The permit contains a good mix of prospectivity, with the presence of gas bearing structures which are candidates for fracture stimulation, and the recognition of a potential shale-gas resource. We will now progress our detailed evaluation of Navacelles, starting with a review of all historical data and reprocessing of the existing 2D seismic data."