Octanex NL

ASX:OXX ISIN:AU0000OXXAK5

May 26, 2012

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Octanex NL Company Summary

Octanex N.L. (NSX:OCT) is an Australia-based company engaged in petroleum exploration and investment. The Company through its wholly-owned subsidiaries, holds working interests in 10 petroleum exploration permits and residual and royalty interests in a further three such permits, all situated in the offshore basins of Australia. Five of the permits in which interests are held by the Company are located in the Exmouth Sub-basin (WA-322-P, WA-329-P, WA-384-P, WA-385-P and WA-394-P), with a further four permits located on the Exmouth Plateau (WA-362-P, WA-363-P, WA-386-P and WA-387-P). Two of the permits are located in the Dampier Sub-basin (WA-323-P and WA-330-P), while the two remaining permits (EPP34 and Vic/P61) are located in the Otway Basin, offshore of South Australia and Victoria respectively. On March 9, 2009, the Company acquired Strata Resources Pty Ltd.

COMPANY DATA

	Principal Sector	Energy

	Principal Industry	Energy

	Homepage	www.octanex.com.au

Key Developments: Octanex NL

	Australian Market Report of February 3, 2011: Crusader Resources (ASX:CAS) To Significantly Expand Gold Exploration in Brazil FEB 3, 2011 13:30 - Article Views: 3,406 Australian Market Report of February 3, 2011 includes: Crusader Resources Limited (ASX:CAS) continue to extend the known mineralisation at the Borborema gold project in Brazil; WPG Resources Limited (ASX:WPG) is to establish a joint venture with Evergreen Energy Inc. (NYSE:EEE) to develop and commercialise K-Fuel technology throughout Australia; Xanadu Mines Limited (ASX:XAM) and Noble Group (SIN:N21) form a strategic alliance in Mongolia; Octanex N.L. (ASX:OXX) is to commence drilling operations offshore Western Australia.

	Australian Market Report of February 19: Earnings Results Mixed FEB 19, 2010 09:30 - Article Views: 5,211 The Australian sharemarket fell on Thursday as investors digested some mixed earnings results. Investors also managed to take profit for the market after two days gains. At the close, the benchmark S&P/ASX 200 index lost 13 points, or 0.28 per cent, to 4654.9, while the broader All Ordinaries index gave up 12.9 points, or 0.28 per cent to 4673.9.