announcement, page-3

ASX Aware letter or - shining example of amateur hour at play.

ASX Limited (“ASX”) refers to the following:
1. The Company’s requested trading halt in relation to clarification of a legal matter received by ASX at
11:05am (WST) on 23 October 2013 (“Trading Halt Request”).
2. The Company’s announcement entitled ‘Resolution of an Over-riding Royalty Dispute’ released to the
market at 7:20am (WST) on 24 October 2013 which noted the Company received written
acknowledgement of an out of court settlement (“Settlement”) between Kindee Oil & Gas Texas, LLC
and Cathie Energy Texas LLC (both wholly owned subsidiaries of the Company) and Chalk Sea
Development, Ltd regarding a 1.5% over-riding royalty interest on 18 October 2013 (“Royalty Dispute
Announcement”). The Settlement involves costs awarded against the Company of approximately
$100,000.
3. Publically available court records of Reagan County Court, Texas, USA which appear to indicate an out
of court settlement was reached between Kindee Oil & Gas Texas, LLC and Cathie Energy Texas LLC
(both wholly owned subsidiaries of the Company) and Chalk Sea Development, Ltd on 9 October 2013
(“Reagan Court Documents”).