HYTERRA LTD — Director's Dealing 2011

Sep 18, 2011

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity Tango Petroleum Limited ABN 86 116 829 675

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

We (the entity) give ASX the followingthe director for the purposes of section	information under listing rule 3.19A.2 and as agent for205G of the Corporations Act.
Name of Director	Mathew Walker
Date of last notice	05/09/2011

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Direct
Nature of indirect interest	Mr Mathew Donald Walker
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change	16/09/2011
No. of securities held prior to change	15,170,850 Fully Paid Ordinary
	14,564,600 Options (Exercisable at $0.06 on or
	before 30 June 2012)
Class	Fully Paid Ordinary
Number acquired	175,000
Number disposed	Nil
Value/Consideration	$4,558.16
Note: If consideration is non-cash, provide details and estimated
valuation
No. of securities held after change	15,345,850 Fully Paid Ordinary
	14,564,600 Options (Exercisable at $0.06 on or
	before 30 June 2012)
Nature of change	On market purchases
Example: on-market trade, off-market trade, exercise of options,
issue of securities under dividend reinvestment plan, participation in
buy-back

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

	te: In the case odisclosed in thi	f a company, interests which come within paragraph (ii)	f a company, interests which come within paragraph (ii)	of the definitio	n of “notifiable interest of a director” should	n of “notifiable interest of a director” should	n of “notifiable interest of a director” should	n of “notifiable interest of a director” should
		s part.
	Detail of contract	tract	N/A
	Nature of interest		N/A
(
	ame of registered holderif issued securities)		N/A
	Date of change		N/A
i ci	d l f ii hih		N/A
	o. an cass o securtes to wcnterest related prior to change
	Note: Details are only required for a
	ontract in relation to which the
	nterest has changed
I	nterest acquired		N/A
I	nterest disposed		N/A
V pv
	alue/ConsiderationNote: If consideration is non-cash		N/A
	,rovide details and an estimated
	aluation
I	nterest after change		N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed abovetraded during a+closed period where prior written clearance was**required? **	No
If so, was prior written clearance provided to allow the trade toproceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011