Edge Resources Signs Letter of Intent to Drill Additional Wells and Increase Landbase by 64%

CALGARY, ALBERTA, Oct 29 (MARKET WIRE) --
EDGE RESOURCES INC. ("Edge" or the "Company") (TSX VENTURE: EDE)(PINK
SHEETS) announces that it has signed a letter of intent that provides the
Company with the ability to earn an additional seven sections of highly
prospective Edmonton Sands property. Upon earning these seven sections,
the Company would operate a total of 18 sections, representing a 64%
increase over the existing land operated by the Company. Edge has been
working with one of Canada's major E&P firms (the "Farmor") on a farm-in
agreement that will allow Edge to earn seven sections of highly
prospective Edmonton Sands properties, all within the prolific Wilson
Creek area of Alberta adjacent to the existing Edge lands. The Company is
free to select the drilling locations of its choice on the lands and must
drill one well on each section to earn 100% of the Farmor's working
interest in each respective section, subject to a gross overriding
royalty.

Brad Nichol, the Company's President & CEO, commented, "In line with our
strategy of targeting the most prospective Edmonton Sands properties, we
are pleased to have an opportunity to earn these specific sections. Our
technical team is very enthusiastic about this opportunity and is gearing
up to select the best drilling locations on this additional land."

The Company intends on being the operator of record on all sections and
will utilize its highly targeted approach as well as its innovative
techniques to achieve above average results on its Edmonton Sands
properties in Alberta.

About Edge Resources Inc.

Edge Resources employs a highly selective approach to the Edmonton Sands
play. This highly-targeted approach utilized by the Edge Team has
historically produced above average results in the Edmonton Sands
formations in central Alberta, Canada. The Management Team's successful
results are based on a proven ability to efficiently execute in shallow
gas, specifically the Edmonton Sands, which gives the Company a
sustainable, low-cost, competitive advantage.

The Alberta Government estimates that there is 44 trillion cubic feet
("TCF") of non-producing, shallow natural gas in Alberta. Edge Resources'
Management Team has evaluated over 20,000 sections of land and has
identified over 200 "five-star" sections. The Company's development
program focuses primarily on pursuing these highly prospective
opportunities.

Visit the company website for more information: www.edgeres.com.

This release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other than
statements of historical facts, that address future production, reserve
potential, exploration drilling, exploitation activities and events or
developments that the Company expects are forward-looking statements.
Although the Company believes the expectations expressed in such forward
looking statements are based on reasonable assumptions, such statements
are not guarantees of future performance and actual results or
developments may differ materially from those in the forward-looking
statements. Factors that could cause actual results to differ materially
from those in forward looking statements include market prices,
exploitation and exploration successes, continued availability of capital
and financing, and general economic, market or business conditions.
Investors are cautioned that any such statements are not guarantees of
future performance and those actual results or developments may differ
materially from those projected in the forward-looking statements. For
more information on the Company, Investors should review the Company's
registered filings which are available at www.sedar.com.

This news release shall not constitute an offer to sell or the
solicitation of any offer to buy, nor shall there be any sale of these
securities in any jurisdiction in which such offer, solicitation or sale
would be unlawful. The securities offered have not been and will not be
registered under the U.S. Securities Act of 1933, as amended, and may not
be offered or sold in the United States absent registration or applicable
exemption from the registration requirements of the U.S. Securities Act
and applicable state securities laws.

Trading in the securities of Edge Resources Inc. should be considered
highly speculative.

Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.

Contacts:
Edge Resources Inc.
Brad Nichol
President & Director
403 532 2411
www.edgeres.com

Copyright 2009, Market Wire, All rights reserved.

-0-