ELIXIR ENERGY LIMITED — Director's Dealing 2008

Jul 10, 2008

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity ELIXIR PETROLEUM LIMITED ABN 51 108 230 995

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Jonathan Stewart
Date of last notice	17 March 2008

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Aurora Oil & Gas Limited (“Aurora”) Mr Stewart is a Director and indirect shareholder of Aurora, which holds shares in Elixir Petroleum Limited. Jonathan Kingsley Stewart and Carolyn Ann Stewart **Superannuation Fund> Mr Stewart is a joint trustee and beneficiary of Epicure Superannuation Fund
Date of change	07 July 2008
No. of securities held prior to change	Aurora 24,000,000 Fully Ordinary Shares Jonathan Kingsley Stewart and Carolyn Ann Stewart **Superannuation Fund> 250,000 Fully Ordinary Shares
Class	a) Fully Paid Ordinary Shares b) Unlisted Employee Options

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Number acquired	a) 31,250 b) 2,500,000
Number disposed	a) Nil. b) Nil.
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	a) 0.27 per share b) Issue of options under Employee Share Option Plan as approved by shareholders at a meeting held on 26 June 2008
No. of securities held after change	Aurora 24,000,000 Fully Ordinary Shares Jonathan Kingsley Stewart and Carolyn Ann Stewart **Superannuation Fund> 281,250 Fully Ordinary Shares 2,500,000 Unlisted Employee Options _ _Number Of Options Exercise Price Expiry Date Performance Conditions 750,000 $0.25 31/03/2011 Not exercisable prior to 1/07/2008 1,000,000 $0.30 31/03/2012 Not exercisable prior to 31/03/2009 750,000 $0.35 31/03/2013 Not exercisable prior to 31/03/2010
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	a) Participation in Elixir Petroleum Limited Entitlement Issue c) Issue of options under Employee Share Option Plan as approved by shareholders at a meeting held on 26 June 2008

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	n/a
Nature of interest	n/a
Name of registered holder (if issued securities)	n/a
Date of change	n/a
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	n/a
Interest acquired	n/a
Interest disposed	n/a
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	n/a
Interest after change	n/a

• See chapter 19 for defined terms.

Appendix 3Y Page 3

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity ELIXIR PETROLEUM LIMITED ABN 51 108 230 995

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Trevor Benson
Date of last notice	12 November 2007

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Nil
Date of change	10 July 2008
No. of securities held prior to change	Trevor Benson Nil
Class	Unlisted Employee Options
Number acquired	250,000
Number disposed	Nil.
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Issue of options under Employee Share Option Plan as approved by shareholders at a meeting held on 26 June 2008

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Trevor Benson 250,000 Unlisted Employee Options with an exercise price $0.25, expiry date 31/03/2011.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue of options under Employee Share Option Plan as approved by shareholders at a meeting held on 26 June 2008

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	n/a
Nature of interest	n/a
Name of registered holder (if issued securities)	n/a
Date of change	n/a
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	n/a
Interest acquired	n/a
Interest disposed	n/a
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	n/a
Interest after change	n/a

• See chapter 19 for defined terms.

Appendix 3Y Page 3

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity ELIXIR PETROLEUM LIMITED ABN 51 108 230 995

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Iain Knott
Date of last notice	21 March 2005

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Nil
Date of change	10 July 2008
No. of securities held prior to change	Iain Knott Nil
Class	Unlisted Employee Options
Number acquired	2,500,000
Number disposed	Nil.
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Issue of options under Employee Share Option Plan as approved by shareholders at a meeting held on 26 June 2008

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Iain Knott 2,500,000 Unlisted Employee Options _ _Number Of Options Exercise Price Expiry Date Performance Conditions 750,000 $0.25 31/03/2011 Not exercisable prior to 1/07/2008 1,000,000 $0.30 31/03/2012 Not exercisable prior to 31/03/2009 750,000 $0.35 31/03/2013 Not exercisable prior to 31/03/2010
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue of options under Employee Share Option Plan as approved by shareholders at a meeting held on 26 June 2008

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	n/a
Nature of interest	n/a
Name of registered holder (if issued securities)	n/a
Date of change	n/a
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	n/a
Interest acquired	n/a
Interest disposed	n/a
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	n/a
Interest after change	n/a

• See chapter 19 for defined terms.

Appendix 3Y Page 3

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity ELIXIR PETROLEUM LIMITED ABN 51 108 230 995

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	John Robertson
Date of last notice	06 December 2005

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Direct and Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	James Hay Pension Trustees Limited ATF the John Campbell Robertson self invested pension plan
Date of change	10 July 2008
No. of securities held prior to change	James Hay Pension Trustees Limited ATF the John Campbell Robertson self invested pension plan 400,000 Fully Paid Ordinary Shares John Robertson Nil
Class	Unlisted Employee Options
Number acquired	250,000
Number disposed	Nil.

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Issue of options under Employee Share Option Plan as approved by shareholders at a meeting held on 26 June 2008
No. of securities held after change	James Hay Pension Trustees Limited ATF the John Campbell Robertson self invested pension plan 400,000 Fully Paid Ordinary Shares John Robertson 250,000 Unlisted Employee Options with an exercise price $0.25, expiry date 31/03/2011.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue of options under Employee Share Option Plan as approved by shareholders at a meeting held on 26 June 2008

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	n/a
Nature of interest	n/a
Name of registered holder (if issued securities)	n/a
Date of change	n/a
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	n/a
Interest acquired	n/a
Interest disposed	n/a
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	n/a
Interest after change	n/a

• See chapter 19 for defined terms.

Appendix 3Y Page 3

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity ELIXIR PETROLEUM LIMITED ABN 51 108 230 995

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Andrew Ross
Date of last notice	12 November 2007

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	R11 Capital Pty Ltd as trustee for R11 Consulting Trust Mr Ross is a Director and potential beneficial holder of R11 Capital Pty Ltd.
Date of change	10 July 2008
No. of securities held prior to change	R11 Capital Pty Ltd as trustee for R11 Consulting Trust 35,000 Fully Ordinary Shares
Class	Unlisted Employee Options
Number acquired	2,500,000
Number disposed	Nil.
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Issue of options under Employee Share Option Plan as approved by shareholders at a meeting held on 26 June 2008

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	R11 Capital Pty Ltd as trustee for R11 Consulting Trust 35,000 Fully Ordinary Shares 2,500,000 Unlisted Employee Options _ _Number Of Options Exercise Price Expiry Date Performance Conditions 1,250,000 $0.30 31/03/2012 Not exercisable prior to 31/03/2009 1,250,000 $0.35 31/03/2013 Not exercisable prior to 31/03/2010
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue of options under Employee Share Option Plan as approved by shareholders at a meeting held on 26 June 2008

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	n/a
Nature of interest	n/a
Name of registered holder (if issued securities)	n/a
Date of change	n/a
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	n/a
Interest acquired	n/a
Interest disposed	n/a
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	n/a
Interest after change	n/a

• See chapter 19 for defined terms.

Appendix 3Y Page 3

11/3/2002