Exoma Energy Limited

Exoma Energy (ASX:EXE) has reported progress: The casing shoe was set at 8,981 feet and the well is drilling ahead at a measured depth of 9,566 feet in the Cleveland Formation with increasing gas shows from mudlogs. The Operator is drilling approximately 200‐300 feet horizontally per day and should reach Total Measured Depth in 10‐14 days.

Exoma Energy (ASX:EXE) has reported Brearley 1H-11 has reached casing point within the target Cleveland Formation. Once the well is cased, the horizontal will be drilled 4500 feet due north. At the current rate of progress, the well is not expected to reach target depth and begin testing for another two weeks.

Emerging oil and gas producer Exoma Energy Limited (ASX: EXE) has appointed Ms Bev Scully as Chief Financial Officer and Mr Ian Hobson as Company Secretary.

The first well in Exoma Energy's (ASX: EXE) horizontal well has now reached its total vertical depth of around 8500 feet and is kicking off the 4500 foot lateral well bore. (See attached) Results should be available in around a fortnight, after fraccing and testing is completed. It is free carried in the well by Operator Crusader Energy which has a successful drilling record in the Anadarko Basin, Oklahoma in excess of 90%. Exoma is currently producing around 110 barrels of oil equivalent per day.

Exoma Energy Ltd (ASX:EXE) has announced the commencement of its Anadarko Basin horizontal drilling campaign. Its first well, Brearley 1H-11, (EXE 25.8%) spudded over the weekend. It is targeting 1.5 billion cubic feet (BCF) and 50,000 barrels of oil (bbl) with similar wells in the area commencing production at average rates of 200 bbl per day and 800,000 cubic feet of gas per day.

Exoma Energy (ASX:EXE) Announce Initial Report For Brearley 1H-11 Gas Well in the US

Emerging onshore oil and gas producer Exoma Energy (ASX:EXE) has announced a 90% increase in net revenue in the four months since listing, to an annualised rate of US$2.3 million based on April's financial figures. Exoma was generating approximately US$ 1.2 million at the time of the Company's IPO in January.

Emerging producer Exoma Energy Ltd (ASX:EXE) today confirmed its first well since listing on the ASX in January has been confirmed as an oil and gas producer, and is already generating revenue for the Company.