Edge Announces Major Increase in Reserves and Net Present Value

Edge Resources Inc. (TSXV:EDE) updates on the company’s oil and natural gas reserves.

The press release is quoted as saying:

Edge Resources is focused on the exploration, development and production of shallow oil and natural gas horizons, most prominently 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 formations, which gives Edge Resources a sustainable, low-cost, competitive advantage.

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