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HARTSHEAD RESOURCES NL Capital/Financing Update 2012

Aug 30, 2012

65052_rns_2012-08-30_3b24c0e2-71be-4572-bea0-f000fd6325aa.pdf

Capital/Financing Update

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31 August 2012

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ASX Code: PVD

BREWINS ISSUES RESEARCH UPDATE – FARM-IN ACTIVITIES

Pura Vida Energy (ASX: PVD) is pleased to advise that N+1 Brewin has issued an update to their research on the Company following recent farm-in activities into blocks proximate to the Mazagan permit in which Pura Vida holds a 75% interest. These transactions provide a useful benchmark for the value of Pura Vida’s acreage.

The research update can be downloaded from Company’s website: www.puravidaenergy.com.au

N+1 Brewin is retained by the company for the provision of research services.

About Pura Vida Energy: Pura Vida is an Australian-based African oil explorer building a portfolio of high quality assets. It has a 75% interest in the Mazagan permit offshore Morocco. Independent resources estimates of the prospective oil resources in the Mazagan permit are 2.4 billion barrels (net to Pura Vida).

Subscribe to FRONTIER - visit our website at www.puravidaenergy.com.au and subscribe to receive FRONTIER , our email alert service. FRONTIER is the fastest way to receive breaking news about Pura Vida.

CONTACT

Damon Neaves, Managing Director +61 (8)9486 4036 e: [email protected]

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