DRILLSEARCH ANNOUNCES SUBSTANTIAL WESTERN COOPER BASIN UNCONVENTIONAL GAS PROSPECTIVE RESOURCE POTENTIAL • Independent technical review confirms Prospective Resource potential of Western Cooper Basin Unconventional Gas Project • Review estimates gross Deep Coal Seam Gas-in-Place of 10.9 TCF • Review further confirms Gross Prospective Resource potential of 2.7 to 5.4 TCF Drillsearch Energy Limited (ASX: DLS) is pleased to announce the completion of its initial independent review of the Unconventional Gas Resource potential of the Western Cooper Unconventional Gas Project. The project is based on the company’s permit holdings in the Western Cooper Basin covering deep coal seam gas resources identified by the company in PELs 106, 107 and 91. The project area is detailed in the map accompanying this announcement. The table below details the estimated Gas-in-Place and Prospective Resource potential estimated for the project area: Western Cooper Deep Coal Seam Gas Prospective Resources* Area (km2) Net Coal Thickness (m) Gas-in-Place (BCF) Prospective Resource (BCF) 780 16 to >48 10,926 2,731 to 5,463 *
