CYCLIQ GROUP LTD — Board/Management Information 2012

Oct 2, 2012

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3 October 2012

Australian Securities Exchange Limited 2 The Esplanade PERTH WA 6000

APPOINTMENT OF NEW DIRECTOR

Sprint Energy Ltd (“Sprint”) (ASX Code: SPS) is pleased to advise Mr Jon Roestenburg has been formally appointed as a Non-Executive Director of the Company, effective immediately.

Mr Roestenburg has an Applied Degree in Geology and has over 35 years of mineral and petroleum experience involving technical, managerial and corporate roles. Mr Roestenburg has a diverse operational and leadership skills having worked in large, multi-national corporations with experience in onshore USA, Central Asia, China, Japan, Southeast Asia and Australasia.

Mr Roestenburg is recognised in the industry with specialist competencies in structural geology, stratigraphy, sedimentology and brittle deformation styles, in relation to basin architecture and contextual depositional environment analysis of subsurface geological data.

Mr Roestenburg is skilled in reservoir characterization, oil field logging, unconventional resources as well as data measurement and technology application. In addition Mr Roestenburg has a Masters Degree in Business Leadership and Management, (MLM). Jon also holds a graduate Certificate in Business Management (GBQ) and has been awarded Competent Communicator with Toast Masters International and has been published widely in industry journals and presented at numerous forums.

Mr Roestenburg has been a director of number unlisted and listed companies. Currently he is a director of Petroscope Pty Ltd and Geotransformations Pty Ltd, which are both active service providers in the Oil & Gas Industry.

Sprint Energy Ltd 1186 Hay Street West Perth WA 6005

+61 8 9215 4200 +61 8 9215 4299 www.sprintenergy.com.au

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Managing Director Brad Boyle stated: “Sprint Energy is pleased to welcome Mr Roestenburg as a Director of the Company, as his diverse operational and leadership skills in the mineral and petroleum sector further strengthens the Board’s skills set and capabilities and his assistance will be invaluable as we continue to develop Company’s oil and gas assets”.

Yours sincerely

Sprint Energy Ltd

Brad Boyle Managing Director

Phone: +61 8 9215 4200 Mobile: +61 417 175 852 Email: brad.boyle@sprintenergy.com.au

About Sprint Energy Ltd: Sprint Energy Ltd is an independent oil and gas exploration and production Company, listed on the Australian Stock Exchange (ASX Code: SPS). Its primary focus of operations is Gulf Coast, USA and Russia.

www.sprintenergy.com.au

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