Re: Drilling Programme

Egdon Resources PLC
10 November 2005


10 November 2005


For immediate release



                              EGDON RESOURCES PLC

                 Commencement of UK Onshore Drilling Programme


Egdon Resources Plc ('Egdon' or 'the Company') is pleased to advise that the
BDF28 drilling rig is scheduled to mobilise to the Waddock Cross-3 well site in
Dorset on Monday 14 November with drilling operations expected to commence on or
around 16 November. The rig is owned and operated by British Drilling and
Freezing Limited ('BDF').



Waddock Cross-3 will be the first of a four or five well operated drilling
programme in the onshore UK. Drilling will target an elevated part of the
Waddock Cross oil accumulation identified by the recent 3D seismic survey.  A
600 m horizontal section will be drilled and completed through the reservoir.
The well will be 1525m in length and take an estimated 25 days to drill.
Following drilling and completion operations the rig will be moved off site and
the well will be put on an extended well test ('EWT') using a pump-jack ('
nodding donkey'). In addition the Company holds an option with BDF to drill a
further horizontal appraisal well at Waddock Cross at the end of the current
programme.



The second well in the drilling programme, Kirkleatham-4, is due to be drilled
immediately following the Waddock Cross-3 well during December 2005.  The
Kirkleatham prospect is located beneath and to the west of the town of Redcar in
Cleveland.  The structure was originally tested by two wells in the mid 1940s,
with testing producing sub-commercial gas-flows in both wells from Permian age
Zechstein carbonates. Seismic data shows the potential to apply modern drilling
and completion techniques up-dip of both wells. The Kirkleatham-4 exploration
well will test for the presence of an effective gas reservoir in this up-dip
area of the structure.    Kirkleatham-4 will be drilled as a vertical well to a
prognosed depth of 900 m and is anticipated to take 15 days to drill.



The third well in the programme will be the Westerdale-1 exploration well in the
North Yorkshire Moors.  Westerdale-1 is designed to test an accumulation 50.5 m
updip and 3.7 km to the north of the Ralph Cross-1 gas discovery made by Home
Oil Limited in 1966.  Ralph Cross-1 tested gas at flow rates of up to 6 MMcfgd
from a 20.5 m gas column in fractured Zechstein carbonates. The PEDL068 group
believes that better positioning, completion and management of a well within the
prospect could produce a significant and sustainable commercial gas flow.
Additional reservoir objectives are present in the Westerdale-1 well both within
the Zechstein and in the underlying Carboniferous sequences.  Westerdale-1 will
be directionally drilled to a total depth of around 1250 m and will take around
21 days to drill.



The Portland-1 borehole, for which planning consent has now been received, will
be drilled as the fourth well in the programme to a depth of around 2500 m.
Drilling, coring and testing operations are expected to take around 50 days.
Data from the well will enable the determination of the thickness and
suitability of the salt interval to create caverns at the proposed Portland Gas
Storage Project.



Commenting on the forthcoming drilling activity, Egdon's Joint Managing
Director, Mark Abbott, said, 'This, our first multi-well drilling programme,
represents the culmination of many years of exploration work by the Company.
The 'back-to-back' nature of the programme has resulted in significant overall
cost savings on materials, equipment and services.  We look forward to an active
and exciting period with the hope of continuing the Company's record of
drill-bit success'.





For further information please contact:


Egdon Resources Plc                                     01256 702292
Mark Abbott, Joint Managing Director
Andrew Hindle, Joint Managing Director

Buchanan Communications                                 020 7466 5000
Eric Burns
Ben Willey



Notes to the Editors:



The wells within the outlined Egdon operated drilling programme are located
within the PL090 licence (Waddock Cross-3, Waddock Cross-4) in the Wessex Basin
where the Company holds a 45% working interest and the PEDL068 licence
(Kirkleatham-4, Westerdale-1) in the Cleveland Basin where the Company holds a
20% working interest but is carried for 10% of the first well, Kirkleatham-4,
and also holds an option to increase its interest to 25%. The Portland-1 gas
storage confirmation well will be drilled by Egdon from a site leased by its
wholly owned subsidiary, Portland Gas Limited.



Company Background



Egdon is an established, UK-based energy company primarily focused on the
hydrocarbon-producing basins of the onshore UK. Egdon also has exploration
interests in the offshore UK and France.



Egdon was formed in 1997 by Dr Andrew Hindle and Mark Abbott. In December 2004,
Egdon's shares commenced trading on AIM, having been previously traded on Ofex
since July 2000. The Company is developing two major business areas; an oil and
gas exploration and production business which has a portfolio of twenty
exploration licences containing identified oil and gas prospects ranging from
discoveries under appraisal through to higher risk but higher reward 'wild cat'
exploration prospects; and a gas storage business initially focused on the
development of a salt cavern gas storage facility on the Isle of Portland,
Dorset.






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