Operations Update

Egdon Resources PLC
21 February 2006


For immediate release                                        21st February 2006



                              EGDON RESOURCES PLC

              Operations Update: Gas Zones Logged at Westerdale-1

Egdon Resources Plc ('Egdon' or 'the Company') the UK based independent oil and
gas exploration and production company is pleased to provide an update on
ongoing operations on its UK licences.

The BDF28 drilling rig has completed drilling and logging operations at
Westerdale-1 on North Yorkshire licence PEDL068 in which Egdon holds a 20%
interest.  The Westerdale-1 well reached a Total Depth of 1304.5 m within rocks
of Carboniferous age on the 17th February 2006.  During drilling gas shows were
encountered within the Permian age Brotherton carbonate and also in
Carboniferous sandstones.  Logging operations have now been completed and
evaluation indicates potential gas pay in these two intervals which will be
confirmed by testing.

The top of the Brotherton carbonate was encountered deeper than expected at a
measured depth of 905m due to a thickened high velocity Triassic section.    The
lower interpreted gas column is in sandstones of Carboniferous age which were
penetrated at a measured depth of 1188m.

The Westerdale-1 well is currently being completed with 7' casing to allow the
testing of both intervals of interest.  Testing operations will be undertaken
using a work-over rig and are planned for March to follow on from testing of the
Kirkleatham-4 well.  Planning conditions at Westerdale-1 dictate that testing
operations are restricted to the period 1st October to 31st March.  Further
details will be released once the test results have been fully evaluated.

Testing of the Kirkleatham-4 well, where a c.19m gas column was encountered
within an interval of high gas saturations and good porosity development in the
Cadeby Formation, is planned to commence on 27th February with operations
anticipated to take approximately 15 days. The test completion will enable the
well to be suspended for future production.  Details of the results will be
released once all data from the test have been analysed.  Planning is also
ongoing for potential seismic acquisition over the Kirkleatham accumulation.

On conclusion of operations at Westerdale-1 the drilling rig will mobilise to
the Portland-1 well site in Dorset where drilling operations are expected to
commence at the beginning of March 2006.  Portland-1 which will be operated by
Egdon on behalf of its wholly owned subsidiary, Portland Gas Limited, will be a
vertical well drilled to a total depth of around 2500 m.  Drilling, coring and
testing operations are expected to take around 50 days. Data from the well will
enable the determination of the thickness and suitability of the salt interval
to create caverns at the proposed Portland Gas Storage Project.

In Dorset licence PL090 the initial phase of testing has been completed on the
Waddock Cross-3 well with equipment now demobilised from the site whilst data
from the test is analysed to enable the design and procurement of pump and
process equipment for future testing operations.

Drilling operations are also continuing at the Avington-3 well on the Star
Energy operated licence PEDL070 in the Weald Basin.

For further information please contact:

Egdon Resources Plc


Mark Abbott, Joint Managing Director          01256 702292
Andrew Hindle, Joint Managing Director

Buchanan Communications

Eric Burns                                    01943 883 990
Ben Willey                                    020 7466 5000



Notes to the Editors

In the PEDL068 licence in the Cleveland Basin the Company holds a 20% working
interest but was carried for 10% of the first well, Kirkleatham-4, and also
holds an option to increase its interest to 25%.  The Portland-1 gas storage
confirmation well will be drilled by Egdon from a site leased by its wholly
owned subsidiary, Portland Gas Limited. The Company holds a 45% working interest
in the PL090 licence in the Wessex Basin

Company Background

Egdon is an established, UK-based energy 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 is developing two major business areas:

An oil and gas exploration and production business which has a portfolio of
twenty exploration licences containing identified oil and gas prospects ranging
from discoveries under appraisal through to higher risk but higher reward 'wild
cat' exploration prospects.

A gas storage business initially focused on the prospective development of a
major salt cavern gas storage facility beneath the Isle of Portland, Dorset.


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