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FIN RESOURCES LIMITED Board/Management Information 2012

Oct 16, 2012

64920_rns_2012-10-16_ac848d3a-14f9-4ea8-a3f7-a8544b4aaf28.pdf

Board/Management Information

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17 October 2012

Manager of Company Announcements ASX Limited Level 8 Exchange Plaza 2 The Esplanade PERTH WA 6000

By E-Lodgement

BOARD & MANAGEMENT

Mr Greg Bandy EXECUTIVE DIRECTOR

Mr Jason Bontempo NON-EXECUTIVE DIRECTOR

Mr Jeremy King NON-EXECUTIVE DIRECTOR

Kingston Rule-1 Update

Mr Denis Patten NON-EXECUTIVE DIRECTOR

Mr Arthur Pitts ALTERNATE DIRECTOR

Orca Energy Limited (ASX: OGY) is pleased to announce that the Weatherford Drill Rig 826 has now been mobilised to site at Kingston Rule-1 after successfully drilling its first unconventional gas exploration well for Orca’s JV partner and operator, Senex Energy Limited (ASX: SXY) in the adjacent PEL 516 (Skipton-1).

The Kingston Rule-1 location in PEL 115 has been selected to target the greatest net thickness of potential shale, siltstone and tight sandstone in the Roseneath-EpsilonMurteree targets, as well as potential net pay in the Patchawarra tight sand intervals.

The location of block PEL 115 is significantly strategic as it is completely surrounded by PEL 516, where Senex estimates over 100Tcf Gas-in-Place from shales and coals alone (Figure 1.). Senex recently announced a “significant gas discovery” at Skipton-1, including more than 75m of net pay in the Patchawarra Formation and 164m of gas charged Roseneath and Murteree shales.

Spudding of Kingston Rule-1 is expected to occur within the week

Ms Rebecca Sandford Ms Shannon Robinson JOINT COMPANY SECRETARY

REGISTERED OFFICE Ground Floor 1 Havelock Street West Perth WA 6005

POSTAL ADDRESS PO Box 1440 West Perth WA 6872

CONTACT DETAILS Tel: +61 8 9488 5220 Fax: +61 8 9324 2400

For and on behalf of the Board

WEBSITE

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Greg Bandy Executive Director

www.orcaenergy.com.au

SHARE REGISTRY

Advanced Share Registry 150 Stirling Highway Nedlands WA 6009

ASX CODE OGY

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Figure 1: PEL 115 - Completely surrounded by Senex’s 100% owned PEL 516

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Ground Floor, 1 Havelock Street, West Perth WA 6005 | Tel: +61 8 9488 5220 | Fax: +61 8 9324 2400 | www.orcaenergy.com.au ABN 25 009 121 644