from 9/11 filing Acquisition of Oil and Gas Assets Subsequent to 30 June 2015, the Company completed the acquisition of New Standard Energy Ltd’s (NSE) U.S (Eagle Ford assets) and Cooper Basin assets (PEL570). The Eagle Ford assets acquired include approximately 5,500 net acres in Atascosa County, 7 gross producing wells with approximately 175 net Boe/d of current production and two wells that have been drilled but not yet completed. The Cooper Basin asset acquired is a 17.5% working interest in the PEL570 concession. Consideration for the acquisition included $15.0 million to repay NSE’s note with Credit Suisse, the issuance of 6 million new fully paid ordinary Company shares and the assumption of net working capital deficit of approximately $0.9 million. Approximately 1.5 million of the 6 million Company shares will be held in escrow until resolution of due diligence.