Operational Update

Egdon Resources PLC
08 August 2005


For immediate release                                            8 August 2005







                              Egdon Resources Plc



          Planning permission granted for Waddock Cross appraisal wells



Egdon Resources Plc ('Egdon' or the 'Company') is pleased to announce that
Dorset County Council have granted planning permission for the drilling of two
wells to appraise the Waddock Cross oil discovery in the PL090 licence within
the county of Dorset where Egdon holds a 45% interest.  The first of these
wells, designated Waddock Cross-3, will target an elevated part of the structure
identified on the recently acquired 3D seismic survey.  The well will be drilled
from the existing Waddock Cross site and will be the first well of a multi-well
programme planned within Egdon's operated onshore UK licences.



The planned drilling programme also includes two gas exploration wells on the
PEDL068 Licence in North Yorkshire at Kirkleatham-4 and Westerdale-1, and
potentially a second appraisal well at Waddock Cross (Waddock Cross-4).  A well
to confirm the thickness and properties of the salt sequence at the proposed
Isle of Portland gas storage site is also programmed, although this is still
subject to planning.



It is anticipated that the programme will commence with the drilling of Waddock
Cross-3 in the fourth quarter of 2005.  Long lead items for the programme such
as the drilling rig, casing and well heads are currently being tendered and the
Company will provide further detail on the final timing of the drilling
programme once these tenders have been evaluated and contracts let.



Commenting on the forthcoming drilling activity, Egdon's Joint Managing
Director, Mark Abbott, said,



'With the results of the recently acquired 3D seismic survey and the award of
planning permission we are able to look forward to meeting our objective of
realizing production from the Waddock Cross discovery in the near term.



'In addition this planning consent provides Egdon with a material well programme
enabling us to embark as previously stated on an accelerated phase of drilling
whilst making significant overall cost savings on casing, equipment and
services.'



For further information please contact:


Egdon Resources Plc                                        01256 702 292
Mark Abbott, Managing Director

Buchanan Communications                                    020 7466 5000
Ben Willey




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