FIN RESOURCES LIMITED — Board/Management Information 2013

Aug 22, 2013

23 August 2013

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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

Mr Denis Patten NON‐EXECUTIVE DIRECTOR

SIGNIFICANT OIL DISCOVERY AT BURRUNA‐2 WELL

Mr Arthur Pitts ALTERNATE DIRECTOR

Orca Energy Limited ( Orca or the Company ) is pleased to advise that it has made a significant oil discovery in the southern Cooper Basin permit PEL 115 with the Burruna‐2 oil exploration well.

Wireline logs have confirmed a net pay interval in the mid Namur Formation of 5.3 metres and a subsequent drill stem test has resulted in oil free‐flowing to surface at a rate of over 750 barrels per day with no associated water. Burruna‐2 will be cased and suspended as a future oil producer.

The well was drilled to a total depth of 1,916 metres by Joint Venture partner and Operator, Senex Energy Limited (ASX: SXY) and as per the Sale Agreement announced on the 13[th] June 2013, Orca was free carried for all costs associated with drilling, casing and completing the well.

Senex cut eighteen metres of core through the Murta Formation, which will be analysed for permeability, porosity and rock strength to aid in the design of production enhancement techniques. Free oil was observed with the recovered core and hydrocarbon fluorescence was noted over a gross interval of 14 metres. This further confirms the potential of the regionally extensive Murta Formation across the newly formed “Fury Joint Venture” area (OGY 20%, SXY 80%) where recently Fury‐1 also successfully tested an 18‐metre gross oil column within the Murta Formation.

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

WEBSITE

www.orcaenergy.com.au

SHARE REGISTRY

Commenting on the discovery, Orca Managing Director said, “ Given that the Namur Sandstone has proven to be a high quality reservoir with very high permeability and recovery factors, we are expecting substantial oil production rates within this newly formed JV area and look forward to adding oil reserves to Orca’s existing and exciting exploration portfolio of assets. ”

Advanced Share Registry 150 Stirling Highway Nedlands WA 6009

ASX CODE OGY

For and on behalf of the Board

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Greg Bandy Executive Director

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Figure 1

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