exoma boosts reserves five fold

Exoma Boosts Reserves Five Fold

Exoma Energy Limited (�gExoma�h or �gThe Company�h) (ASX: EXE/ EXEO) today announces a five�]fold increase in its
Proven and Probable (2P) oil and gas reserves.
The risked value of the Company�fs exploration and production assets has increased from US$3.5 million, as
determined during the IPO in January 2008, to US$19 million.
Managing Director David Rowbottam said, �gThese independently calculated reserves demonstrate our ability to
create value from oil and gas exploration, and validates our strategy to acquire land and drill wells in the highly
prospective Anadarko Basin.�h
The reserve upgrade was prepared by independent petroleum consultants, confirming Exoma�fs Proven (1P) net
reserves have increased to 240,000 barrels of oil equivalent (Boe) and its risked 2P net reserves have increased to
588,000 Boe. This gives Exoma combined 1P & 2P net risked reserves in excess of 828,000 Boe.
�gBased on current commodity prices, this upgrade in our reserves gives Exoma a risked Net Present Value (NPV) in
excess of A$19 million. When you compare our upgraded NPV with our current market capitalization of less than
A$10 million, it makes a strong case for a market re�]rating.�h
On the basis of these new reserves, Exoma has commissioned RM Capital to prepare a detailed research report on
the Company ahead of a series of presentations to analysts and investors.
The Company is also in the final stages of negotiations to increase its landholdings in the Anadarko Basin and
expects to be in a position to announce the acquisition of new acreage within the next few days.
Ends
Please direct any shareholder enquiries to:
Brendan Egan on
+61 8 9389 9400 or +61 414 816 716
Media enquiries to:
Tony Dawe on
+61 413 322 110
Exoma Energy Limited listed on the ASX in January 2008 and is cash flow positive while producing approximately 110 barrels of oil
equivalent per day from operations in the Anadarko Basin in Texas and Oklahoma. Exoma is targeting further growth through
increased land holdings and horizontal drilling of high impact multi�]formation targets in Texas and Oklahoma.