new ann - wyoming

LINC ENERGY’S WYOMING CO2 EOR OIL PROJECT RE-VALUED TO
OVER US$1.1 BILLION

• Total of oil valuations for Linc Energy’s oil fields in USA now totals $4.5 Billion*
• Independent consultants Ryder Scott Company, L.P. (“Ryder Scott” )estimated Proved
(“1P”) reserves for Linc Energy’s Wyoming oil projects of 765,555 barrels of oil), with a
1P NPV10% of US$ 13.370 million, and Proved, Probable & Possible (“3P”) reserves of
67.658 million barrels of oil (MMbbls), with a 3P NPV10% of US$1.140 billion.*