Edge Resources Inc.

Edge Resources Inc.

September 17, 2009 06:00 ET

Edge Announces Appointment of New Director

CALGARY, ALBERTA--(Marketwire - Sept. 17, 2009) - Edge Resources Inc. (TSX VENTURE:EDE)(PINK SHEETS:EDGXF) ("Edge Resources" or the "Company") is pleased to announce the appointment of Brad Nichol to the board of directors of the Company.

Mr. Nichol's executive career encompasses significant oil and gas experience in private and public start-ups, takeovers and turnarounds. In these roles, Mr. Nichol has advised the Chief Executive Officers and Chief Financial Officers of Fortune 500 corporations on business and corporate strategies, mergers and acquisitions, and corporate reorganizations, all with a rigorous focus on maximizing shareholder value.

Mr. Nichol joined Schlumberger in 1992 and consequently worked in various technical, marketing and sales roles across North America, South America and Europe. The majority of his efforts focused on reservoir evaluation and enhancement strategies. From 1996 until 1999 Mr. Nichol managed operations and executed projects in Canada and South America, including responsibility for reservoir stimulation and wellbore construction services for BP in Colombia. In 1999, Mr. Nichol moved to the United Kingdom and joined a business unit in the measurement and systems division of Schlumberger. In this role, Mr. Nichol was on the team responsible for the corporate turnaround and eventual sale of that U.K. business. He returned briefly to the United States in 2001 as a technical manager for the eastern U.S. on-shore segment prior to leaving the company in mid-2001.

Following his departure from Schlumberger, Mr. Nichol pursued his MBA at the London Business School in the U.K. where he graduated in 2003 in the top 10 per cent of his class. Mr. Nichol also holds a B.Sc. in Mechanical Engineering from the University of Alberta has been a registered Professional Engineer since 1994. He will remain the President and Chief Executive Officer of Edge Resources Inc.

Darcy Spady, Chairman of the Board commented, "I am pleased to welcome Mr. Nichol to the Board of Edge Resources. I have had various business relationships with Brad for better than a decade, and have rarely met an individual with such energy, foresight and enthusiasm. He understands the full spectrum of our industry from the boardroom to the rig floor, and can easily interact with people and understand key issues. I am sure I speak for the other board members when I say that it is our pleasure to welcome him to the board of Edge Resources."

About the Company:

Edge Resources is focused on the development of natural gas from the Edmonton Sands group of formations, a conventional, shallow gas group of reservoirs located in Central Alberta, Canada. The Management Team's very high success rate is based on the safe, efficient deployment of capital and a proven ability to efficiently execute in shallow gas, specifically the Edmonton Sands, which gives Edge Resources a sustainable, low-cost, competitive advantage.

The Alberta Government estimates that there is 44 trillion cubic feet ("TCF") of non-producing, shallow natural gas in Alberta. Edge Resources' Management Team has evaluated over 20,000 sections of land and has identified over 200 "five-star" sections. The Company's development program focuses on pursuing only these highly prospective "five-star" Edmonton Sands prospects.

Darcy Spady, Chairman of the Board

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company's registered filings which are available at www.sedar.com.

This news release shall not constitute an offer to sell or the solicitation of any offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities offered have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws.

Trading in the securities of Edge Resources Inc. should be considered highly speculative.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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