HYTERRA LTD — Capital/Financing Update 2012

Mar 27, 2012

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TRIPLE ENGERY LIMITED

(Formerly Tango Petroleum Limited)

28 March 2012

The Manager Company Announcements Office Australian Securities Exchange Ltd 4th Floor, 20 Bridge Street SYDNEY NSW 2000

Notice under Section 708A

On 28 March 2012, Triple Energy Limited ( Company ) (formerly Tango Petroleum Limited) completed the issue of 10,000,000 fully paid ordinary shares ( Shares ). The Shares are part of a class of securities quoted on the Australian Securities Exchange.

The Corporations Act 2001 (the Act ) restricts the on-sale of securities issued without disclosure, unless the sale is exempt under Section 708 or 708A of the Act. By giving this notice, sale of the Shares will fall within the exemption in Section 708A(5) of the Act.

The Shares were issued without disclosure to investors under Part 6D.2 of the Act, in reliance on Section 708A(5).

The Company gives this notice pursuant to Section 708A(5)(e) of the Act.

The Company, as at the date of this notice, has complied with:

• (a) the provisions of Chapter 2M of the Act as they apply to the Company; and

• (b) Section 674 of the Act.

As at the date of this notice, there is no excluded information for the purposes of Section 708A(7) or 708A(8) of the Act.

Yours faithfully

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PAUL UNDERWOOD EXECUTIVE CHAIRMAN

Office - Suite 9, 1200 Hay Street, West Perth WA 6005 Postal - PO Box 281, West Perth WA 6872 Ph - 08 6460 4960 Fax - 08 9324 3045 Web - www.tangopetroleum.com.au ACN - 116 829 675