HYDROCARBON DYNAMICS LIMITED — Call Transcript 2011

Jan 30, 2011

31 January 2011

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Boardroom Radio Broadcast Turner Bayou Operational Update

P ryme Oil a nd Gas Limited (AS X : PYM) h a s joined t h e Boardro o m Radio A ustralia ( B RR) team to r e cord and publish onl i ne broadc a sts of vari o us annou n cements its makes t h rough the A SX. Please f i nd enclosed a copy of the transcript of the la t est BRR b r oadcast.

T o listen to t he broadc a st simply click on the f o llowing lin k : h ttp://www. p rymeoilan d gas.com.a u /boardroo m radio.htm

P RYME OI L & GAS LIMITED (P Y M) provid e s the opp o rtunity to li s ten to an audio broa d cast with M r J ustin Pette t t, CEO an d MD and M r Ryan M e sser, CO O and Exec u tive Direct o r in a presentation titled "Pryme Oil & Gas Tu r ner Bayou Operation a l Update - Justin Pe t tett (Mana g ing Direct o r) and Ryan M esser (Chief Operating Officer, D irector)".

T he presentation detail s are as follows:

• Pry m e Oil & Ga s Turner B a you Opera t ional Upda t e - Justin P ettett (Ma n aging Dire c tor) and Rya n Messer ( C hief Opera t ing Officer, Director)

• Presented by Mr Justin Pettett, CEO and MD and Mr Ryan M esser, CO O and Exec u tive Direct o r  Mon , 31 Jan 20 1 1 4:15pm A EST

A copy of t h is announ c ement is a vailable at the ASX a nd can be viewed on the Comp a ny’s website w ww.pryme o ilandgas.com.

F or further in f ormation pl e ase contact :

Justin Pettett Ryan Messer Managing Director Chief Operating Officer Pryme Oil and Gas Limited Pryme Oil and Gas Limited T elephone: +61 7 3371 1 1 03 Telephone: +1 71 3 401 9806 Website: www.prymeoilandgas.com ASX Code: PYM OTCQX Code: POGLY

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