900 mcf per day gas discovery

US-focused oil and gas exploration and production company Red Fork Energy Limited
(“Red Fork” or the “Company”) (ASX: RFE) is pleased to announce that it has
successfully completed the Fuss #1-33 well in the Lower Skinner zone for gas
production. The Lower Skinner zone is a sandstone formation that is a proven
productive interval in the area. The well tested on varying choke diameters at between
150 MCF and 350 MCF gas per day, with no measurable water production. Open flow
potential was calculated to be approximately 900 MCF per day.