FIN RESOURCES LIMITED — Capital/Financing Update 2009

Nov 18, 2009

ASX Announcement

Thursday 19th November 2009

COE191109a

PEL110 Farm Out Agreed

Dear Shareholders,

Cooper Energy is pleased to announce that it has agreed a farm out with Monitor Energy Limited for Cooper Energy’s cost of the next well in PEL110. In exchange for paying Cooper’s 40% costs in the well, Monitor will earn a 20% interest in the permit. Cooper Energy will retain operatorship of the permit.

It is envisaged that the next well to be drilled in the permit will be the Keenia-1 well, which will target 1.2 million barrels of oil (P50 recoverable) in the Namur, Tinchoo and Poolowanna reservoirs.

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PEL 110: Location

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Tinchoo Fm Depth map

It is hoped that well could be drilled in late 2010.

Mr Michael Scott, Managing Director of Cooper Energy was noted as saying “ We are pleased to have Monitor Energy join us in the exploration of this attractive permit and look forward to a successful and fruitful Joint Venture. ”

Future ASX announcements on PEL110 will be made at the appropriate time.

Regards, Cooper Energy Limited

Michael Scott

Managing Director

Disclaimer

The information in this report:

• Is not an offer or recommendation to purchase or subscribe for shares in Cooper Energy Limited or to retain or sell any shares that are currently held.

• Does not take into account the individual investment objectives or the financial situation of investors.

• Was prepared with due care and attention and is current at the date of the presentation.

• Actual results may materially vary from any forecasts (where applicable) in this report.

• Before making or varying any investment in shares of Cooper Energy Limited, all investors should consider the appropriateness of that investment in light of their individual investment objectives and financial situation and should seek their own independent professional advice.

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