Board Changes

9 March 2012

Egdon Resources plc (AIM:EDR) is pleased to announce changes to the composition of its Board as a result of the acquisition of EnCore Oil plc (“EnCore”) by Premier Oil plc (“Premier”).

Andrew Lodge will join the Board with immediate effect as Premier‘s nominated non-executive director. Andrew joined Premier’s Board as Exploration Director in April 2009 from Hess where he was Vice President, Exploration, responsible for Europe, North Africa, Asia and Australia for nine years. Previously, he was Vice President, Exploration, Asset Manager and Group Exploration Advisor for BHP Petroleum, based in London and Australia. Prior to joining BHP Petroleum, Andrew worked for BP as a geophysicist. He has an honours degree in Mining Geology from the University of Wales and a Masters in Applied Geophysics from the University of Leeds. He is a Fellow of the Geological Society.

Alan Booth has resigned as a non-executive Director of the Company.

Andrew Geoffrey Lodge, age 55, is, or has been in the last five years, a director of the following companies:

Current Directorships

Premier Oil plc
Premier Oil Exploration ONS Limited
Premier Oil ONS Limited
Premier Oil Aberdeen Services Limited
Premier Oil and Gas Services Limited
Premier Oil Exploration Limited
Premier Oil Group Limited
Premier Oil Holdings Limited
Premier Oil UK Limited
Premier Oil Investments Limited
Premier Oil Red Sea Limited
Encore (NNS) Limited
Encore (VOG) Limited
Encore CCS Limited
Encore Gas Storage Limited
Encore Natural Resources Limited
Encore North Sea Limited
Encore Oil & Gas Limited
Encore Oil Limited
Premier Oil (Encore Exploration UK) Limited
Premier Oil (Encore Petroleum) Limited
Premier Oil Vietnam 121 Limited

Previous Directorships

PKP Exploration Limited
Hess (Indonesia Pangkah) Limited
Hess Indonesia New Ventures Limited
Talisman (Jambi Merang) Limited
Hess (Indonesia-Tanjung Aru) Limited
Hess (Faroes) Limited
Hess (Thailand) Limited
Hess (Malaysia-SK 306) Limited
Hess Limited
Hess Indonesia (North Masela) Limited
Hess (Indonesia-South Sesulu) Limited
Hess Services UK Limited
Hess Holdings UK Limited
Hess (Indonesia-Blora) Limited
Hess Overseas Limited
Hess (Indonesia) Limited

Andrew Lodge does not have any interest in the Ordinary Shares of the Company.

Commenting on the Board changes, Philip Stephens, Chairman of Egdon said;

“Andrew brings a wealth of exploration experience to the Egdon Board and we look forward to his contribution. We would also like to thank Alan Booth for his efforts over the last 18 months and wish him well in his future endeavours.”