Edge Resources Inc. Discovers Additional Oil Pools on 3D Seismic Results

Edge Resources Inc. (TSX VENTURE:EDE)(AIM:EDG) ("Edge" or the "Company") is
pleased to announce that it has completed shooting and processing a 3D seismic
program in Primate, Saskatchewan one month ahead of schedule. The Company's
initial analysis of the seismic, which incorporated the recently discovered oil
pool in what the Company calls Asset East, is that two additional new oil pools
and several potential drilling locations have been identified. 


Resulting from the discovery well drilled in Asset East earlier this year, the
Company shot and evaluated 9.6 square kilometers (3.6 square miles) of 3D
seismic (see announcement October 17, 2012), with the expectation of
characterizing the newly discovered oil pool and identifying up to six
additional potential drilling locations.  


The Company's geological and geophysical team has identified more than 20
potential drilling locations within the three pools, based on 40 acre spacing.
With additional spacing applications the potential drilling locations could
increase fourfold. 


The Company has a 100% working interest in the lands covered by the 3D seismic
and the newly identified oil pools. 


The seismic also suggests that future locations would likely benefit from
structurally higher locations than the discovery well, which was originally
drilled based on limited 2D seismic lines. As a result of the erratic CHOPS
("Cold Heavy Oil Production with Sand") producing regime, the discovery well
realized 60-day estimated production rates ranging from 5 boe/day to 85 boe/day,
with an average of 30 boe/day over that time period, while being restricted by
surface facilities. The Company is currently evaluating the surface facilities
that would be required to incorporate the scale of the potential future drilling
locations. 


Brad Nichol, President & CEO of Edge, commented, "The 3D seismic results have
put us in a position to delineate the scale of a much larger-than-anticipated
resource at Asset East. Our geoscience team has already identified drilling
locations far in excess of their initial (pre-3D seismic) estimates, which were
initially based only on the 2D seismic data. With this new 3D seismic knowledge,
we can see several possible drilling locations that offer either a thicker zone,
higher geological structure or both. Our next step is to weigh these locations
up against the other locations we have in inventory and make the decisions on
where to best allocate capital going forward so as to minimize operational,
geological, reservoir and capital risks and maximize shareholder returns." 


The Company is currently going through all available data to design, evaluate
and implement a drilling program that incorporates these new discoveries and the
other corporate drilling opportunities currently in inventory.


For more information, visit the company website: www.edgeres.com.

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.  Shallow, vertical, conventional programs with reduced capital,
    operational and geological risks 
2.  Very high or 100% working interests and fully operated assets 
3.  Pools and horizons with exceptionally high 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 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. 


Barrel ("bbl") of oil equivalent ("boe") amounts may be misleading particularly
if used in isolation. All boe conversions in this report are calculated using a
conversion of six thousand cubic feet of natural gas to one equivalent barrel of
oil (6 mcf=1 bbl) and is based on an energy conversion method primarily
applicable at the burner tip and does not represent a value equivalency at the
well head. 


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. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Edge Resources Inc.
Brad Nichol
President & CEO
[phone]


Edge Resources Inc.
Ward Kondas
[phone]
[e-mail]
www.edgeres.com