Start of Seismic Acquisition

Egdon Resources PLC
05 November 2007



5 November 2007                                            For Immediate Release

                              EGDON RESOURCES PLC

               Start-up of 3D Seismic Acquisition in Larne Lough

Egdon Resources Plc (AIM: EDR, 'Egdon' or the 'Company') is pleased to announce
that its wholly owned subsidiary Portland Gas NI Limited ('Portland Gas') has
commenced its planned 3D seismic acquisition programme in Larne Lough, Northern
Ireland. The survey covering approximately 10 square kilometres is being
undertaken by the highly experienced geophysical contractor, IMC Geophysics.
Data is being acquired in the northern half of Larne Lough using shallow-draft
boats and on roads adjacent to the Lough by vibroseis trucks.

Commenting on the survey, Andrew Hindle, Managing Director of Portland Gas, said
'Portland Gas hopes that the data will confirm the extent of a salt sequence
seen in a 1980's borehole drilled close to the docks in Larne. The salt beds
have a limited extent in the subsurface of Northern Ireland and we believe the
Larne region offers the most prospective area to find a suitable site to create
caverns to store natural gas.'





For further information please contact:

Egdon Resources Plc

Andrew Hindle, Joint Managing Director        020 8332 1200
Mark Abbott, Joint Managing Director          01256 702 292

Buchanan Communications

Ben Willey                                    020 7466 5000

Seymour Pierce

Jonathan Wright                               020 7107 8000

Notes to Editors:

Company Background

Egdon is an established, UK-based energy company primarily focused on the
onshore UK. Egdon also has exploration interests in the offshore UK and France.
Egdon's shares are traded on the AIM market.

The Company has developed two distinctive businesses; an oil and gas exploration
and production business which has a portfolio of twenty exploration licences,
and a gas storage business initially focused on the development of a major salt
cavern gas storage facility on Portland, Dorset.

Egdon plans to demerge the two businesses in January 2008.

Portland Gas NI Limited

Portland Gas NI Limited, a Northern Ireland registered company, is one of a
group of companies owned by Portland Gas Limited, a wholly owned subsidiary of
Egdon Resources Plc.

Northern Ireland currently has no natural gas storage facilities and relies on
an uninterrupted supply from overseas or the south of Ireland to ensure that all
its gas demands are met. The Northern Ireland gas market has been growing
significantly over recent years and without access to local gas storage
facilities it could become vulnerable to supply disruptions. With no depleted
gas fields in Northern Ireland, the creation of caverns within a salt sequence
provides the best option to store significant quantities of natural gas. The
project is at a very early stage and should it be proved technically feasible
would be subject to a full planning application accompanied by an Environmental
Statement. Over the coming months, as more information becomes available,
Portland Gas will be consulting with stakeholders and local public groups about
its plans and to seek their views and advice on the wider scheme.

Portland Gas has already embarked on a comprehensive Environmental Impact
Assessment (EIA) which will be developed in consultation with all stakeholders
as the project progresses. The EIA, which will thoroughly consider all aspects
of the surrounding environment, is being undertaken by RPS (Ireland), the
engineering and environmental consultant company.

The Portland Gas group of companies, initially set up to develop the Portland
project in Dorset, will seek to make a significant contribution to the UK's
energy infrastructure and will seek to acquire and develop a portfolio of gas
storage assets in the UK and internationally. Details of the group's activities
can be found at the Portland Gas website www.portland-gas.com.



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