ELIXIR ENERGY LIMITED — Director's Dealing 2014

Jan 6, 2014

ASX ANNOUNCEMENT

7 January 2014

Market Announcements Office ASX Limited Level 8, Exchange Plaza 2 The Esplanade PERTH WA 6000

==> picture [162 x 131] intentionally omitted <==

Lapse of Performance Rights

Elixir Petroleum Limited (ASX: EXR) advises that 2,500,000 performance rights granted under the Incentive Plan (the “Plan”) has lapsed following departure of an employee and pursuant to the terms and conditions of the Plan.

Yours sincerely,

ELIXIR PETROLEUM LIMITED

Nicholas Ong Company Secretary

For further information on Elixir Petroleum, please visit the Company's website at www.elixirpetroleum.com

ASX CODE: EXR

Elixir Petroleum Limited

www.elixirpetroleum.com

ABN 51 108 230 995 Level 3, 89 St George’s Terrace PERTH WA 6000, AUSTRALIA T: +61 8 9226 2111 F: +61 8 9226 2099 E: info@elixirpetroleum.com