Fresh off the release of their video profile by Venture Profiles and
the recent acceptance to the AIM exchange in London, Edge Resources has
just come off a week of high volume trading and a share price gain of
55%. It looks as the though the market was excited to get a front row
seat as Edge gets set to exploit the 33 million barrels of oil in place at
their Primate project near Macklin Saskatchewan. With 6 wells planned
this summer and recycle ratios above 3 with WTI over 80, the ferver
looks to have some substance. If all goes according to plan Edge
Resources looks to exit 2012 with significant cash flow north of
1M/month, and in prime position to lower its current debt level and keep
growing the company onwards to 3, 4, 5000 boe/d and beyond.
For an easy introduction to the Edge story check out video profile at www.ventureprofiles.ca.
Ryan Bos of Venture Profiles
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