Company Announcements Office Australian Stock Exchange Limited ASX and Media Release Friday 2 October 2009 Tatu 2 – Progress Report No. 9 Eromanga Hydrocarbons NL (ASX: ERH, ERHOA, ERHCA) is pleased to provide the following update on Tatu 2 at Block 430, on‐shore Sergipe Alagoas Basin, Brazil: • Good shows in second reservoir interval Coring operations are underway in the second reservoir interval after further good oil shows were encountered from 1090m to 1129m. This interval is interpreted to be the Ibura member which is the second target zone of the Muribeca formation. It is approximately 10m high to prognosis. Oil shows have so far been recorded from 1,048m. The first target zone of the Muribeca formation, known as the Oiterinhas member, was cored over 18m down to 1068m. That core was oil soaked over a 6 to 7 m interval. Eromanga is a 40% participant in Block 430. UBX, the operator, holds 60%. Further details on Tatu 2 and the Gavea Joint Venture are provided below. Phil Galloway Chief Executive Officer (w) +613 9867 7828 (m) +61 (0)413 640 120
ERH Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
