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CORELLA RESOURCES LTD Capital/Financing Update 2012

Nov 4, 2012

64703_rns_2012-11-04_8d38370d-4ede-4492-8fd3-86a0580355c4.pdf

Capital/Financing Update

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5 November 2012

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ASX Announcement

Update: Satisfaction of second condition to CNOOC Supplemental Farmin Agreement and Subscription Agreement - Queensland Government indicative approval.

Exoma Energy Limited (ASX: EXE) advises that the Queensland Government has provided indicative approval of the transfer of a further 10% interest in Exoma’s issued Authorities to Prospect (ATPs) to CNOOC Galilee Gas Company Pty Ltd ( CNOOC ) pursuant to the terms of the Supplemental Farmin Agreement between Exoma and CNOOC. Exoma has previously advised that FIRB approval of the transactions has been received (see announcement dated 20 September 2012).

The agreements remain conditional upon satisfaction of the final condition (consent from the Chinese Government Authorities) by 31 December 2012.

For further details of the agreements, see the announcement dated 10 September 2012.

FURTHER INFORMATION

Rob Crook David Tasker Chief Executive Officer Professional Public Relations +61 7 3226 5600 +61 8 9388 0944/0433 112 936

Email: [email protected]