Licence Extension PEDL181

Egdon Resources plc (AIM:EDR) notes the announcement made today by Europa Oil and Gas (“Europa”) as operator of Petroleum Exploration and Development Licence PEDL181 advising that the Department of Energy and Climate Change has granted an extension of the Initial Term of the licence of 12 months to 30 June 2015. Europa also provided a technical update on the licence and advised of the intention to progress plans for the drilling of an exploration well on the Kiln Lane Prospect. Egdon holds a 25% interest in the PEDL181 Licence.