FIN RESOURCES LIMITED — Capital/Financing Update 2015

Mar 12, 2015

13 March 2015

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

BOARD & MANAGEMENT

Mr Greg Bandy MANAGING DIRECTOR

Mr Jason Bontempo NON-EXECUTIVE DIRECTOR

Via E-Lodgement

Mr Nathan Rayner NON-EXECUTIVE DIRECTOR

ORCA SELLS COOPER BASIN ASSETS

The Board of Orca Energy Limited ( Orca or the Company ) is pleased to announce that it has entered into a binding Sales Agreement (the Transaction) with Senex Energy Limited (ASX: SXY) to sell its Cooper Basin Assets for approximately $2,000,000 in cash, with an effective date of 1 January 2015.

Orca (and its wholly owned subsidiary, Komodo Energy Pty Ltd (Komodo)) will sell to Senex the following permit and associated joint venture interests:

Mr Aaron Bertolatti COMPANY SECRETARY

REGISTERED OFFICE Level 1 35 Richardson Street West Perth WA 6005

POSTAL ADDRESS PO Box 1440 West Perth WA 6872

• i. Komodo’s 20% interest in Burruna oil field, being petroleum production licence 251 ( PPL 251 )

• ii. Komodo’s 20% interest in Fury oil field and petroleum retention licence 117 ( PRL 117 )

CONTACT DETAILS Tel: +61 8 9212 0102

WEBSITE

• iii. Orca’s 20% interest in petroleum exploration licence 110 ( PEL 110 ).

The Transaction is subject to regulatory approvals, with settlement expected to occur on or before 31 May 2015.

Throughout the course of the past year, Orca has worked very closely and effectively with Senex Energy in trying to deliver value to shareholders via these assets. Given the assets will require further investment, the monetisation of Orca’s Cooper Basin interests is a prudent course of action in the current low oil price environment and will enable Orca to focus its efforts and investment on its Seabiscuit project in Texas, USA as well as pursuing other opportunities.

www.orcaenergy.com.au

SHARE REGISTRY Advanced Share Registry 150 Stirling Highway Nedlands WA 6009

ASX CODE OGY

The disposal of these assets will leave Orca with in excess of $5,000,000 in cash (approx. 1.1c per share) and a board and management team focused on delivering long term and sustainable value for shareholders.

For and on behalf of the Board

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Greg Bandy Managing Director