HYDROCARBON DYNAMICS LIMITED — Capital/Financing Update 2014

Apr 10, 2014

11 April 2014

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Rights Issue results and Lead Manager appointed

HIGHLIGHTS

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Closure of rights issue which raised approximately A$0.9 million

Helmsec Global Capital appointed to lead manage the shortfall placement

Pryme Ener g y Limited ( Pryme or the Company ) ad v ises that the non-renounceabl e rights is s ue a n nounced o n 14 March 2014 clos e d on 8 Apr i l 2014 ( Rights Issue ).

T h e Company is pleas e d to confir m that 37, 4 03,382 new shares h ave been s ubscribed for under the Ri g hts Issue with an a d ditional 7 , 442,040 n e w shares applied for under th e Top-up Facility ( New Shares ), rai s ing a total of A$89 6 ,908. Ne w Shares w ill be allot t ed on 16 April 201 4 . Transac t ion confirmation s tatements will be dispatched to subscribin g sharehol d ers on 22 April 2014. All Directors subscribed f o r their full e ntitlement s to shares under the i ssue. There were 25 0 ,863,146 shortfall shares u n der the Ri g hts Issue.

T h e Compan y has appointed Helm s ec Global Capital Li m ited ( Helmsec ) to le a d manage the placement of all the sho r tfall share s . Helmse c is an Asi a -Pacific fo c used capit a l markets a nd advisory firm with an e x tensive ne t work of i n stitutional and sophi s ticated in v estors, an d has a l o ng history of suppor t ing gr o wing reso u rces sect o r compani e s. The Company an d Helmsec a re in disc u ssions wit h a numbe r of in s titutional a nd profes s ional investors that h a ve strong interest in subscribi n g for the a bove shor t fall shares.

T h e Director s thank all s hareholde r s who part i cipated in t he Rights Issue and n ote that this new funding wi l l be appli e d to the C ompany’s C apitola O i l Project l o cated in t h e Permia n Basin, T e xas USA a nd w o rking capit a l.

For further inf o rmation ple a se contact:

Justin Pettett Ryan Messer Managing Director Chief Operating Officer Pryme Energy Limited Pryme Energy Limited Telephone: +61 7 3371 11 0 3 Telep h one: +1 71 3 401 9806 Website: www.prymeenergy.com ASX Code: PYM OTCQX Code: POGLY

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