Incremental Petroleum Ltd. (Incremental) was formed to investigate opportunities for the acquisition of older oilfields to which it could add value by the application of modern techniques to enhance oil recovery. On August 17, 2005, Incremental acquired all shares and options in Incremental Petroleum (Selmo) Pty Ltd (IPS). Incremental has identified the Selmo Oilfield in South-east Turkey as an asset that met its acquisition criteria. IPS has entered into an agreement for the purchase of the corporate entities, which collectively own the Selmo Oilfield (the Sale Entities).

	Headquarters	Mezzanine Level 20 Howard Street Perth WA 6000
		Australia
	Principal Sector	Energy
	Principal Industry	Energy
	Homepage	www.incrementalpetroleum.com

Stock Exchange Stock Code   ASX:IPM IPM

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