Licence Award

Egdon Resources PLC
06 September 2005


For immediate release                                          6 September 2005

                              Egdon Resources plc

                           ('Egdon' or the 'Company')

               Block 15/7 awarded in 23rd Seaward Licensing Round

Egdon Resources plc (AIM : EDR), announces that it has been offered a 50%
working interest in Block 15/7 in the 23rd Seaward Licensing Round, announced by
the Secretary of State today.

The block, which was jointly applied for with Nautical Petroleum plc, contains
an identified heavy oil accumulation, which was discovered by Texaco in 1977.
Nautical will assume the Operatorship of the licence, and both companies will be
required to reprocess 2D and 3D seismic data. The initial licence term is for 2
years.

The award continues the development of Egdon's energy portfolio, which includes
UK onshore exploration and the development of a gas storage project in Dorset.

Commenting on the awarding of Block 15/7, Andrew Hindle, Managing Director of
Egdon, said:

'We are pleased to be working with Nautical, and its parent company Masefield
Energy Holdings AG, which has expertise in heavy oil. Egdon and Masefield are
also partnering in the development of its Grenade Heavy Oil deposit in France.'

For further information please contact:

Egdon Resources plc                                                01256 702292
Andrew Hindle, Managing Director
Mark Abbot, Managing Director

Buchanan Communications
Eric Burns                                                        01943 883 990
Ben Willey                                                        020 7466 5000

Company Background

Egdon is an established, independent UK-based oil and gas exploration 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 has acquired a diverse portfolio of nineteen
exploration licences containing a significant number of identified oil and gas
prospects. The licences cover a broad risk spread, ranging from discoveries
under appraisal through to higher risk but higher potential reward prospects.



                      This information is provided by RNS
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