HYTERRA LTD — Director's Dealing 2013

Nov 13, 2013

Appendix 3Z Final Director’s Interest Notice

Rule 3.19A.3

Appendix 3Z

Final 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 30/9/2001.

Name of entity: Triple Energy Limited

ABN: 68 116 829 675

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Rodney Michael Bresnehan
Date of last notice	7 February 2013
Date that director ceased to be director	12 November 2013

Part 1 – Director’s relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

Nil

See chapter 19 for defined terms.

11/3/2002

Appendix 3Z Page 1

Appendix 3Z Final Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

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.

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

Name of holder & nature ofinterestNote: Provide details of the circumstances givingrise to the relevant interestBresnehan Family Super FundPty Ltd(MrBresnehanisapotentialbeneficiary)	Name of holder & nature ofinterestNote: Provide details of the circumstances givingrise to the relevant interestBresnehan Family Super FundPty Ltd(MrBresnehanisapotentialbeneficiary)	Name of holder & nature ofinterestNote: Provide details of the circumstances givingrise to the relevant interestBresnehan Family Super FundPty Ltd(MrBresnehanisapotentialbeneficiary)	Name of holder & nature ofinterestNote: Provide details of the circumstances givingrise to the relevant interestBresnehan Family Super FundPty Ltd(MrBresnehanisapotentialbeneficiary)	Number & class of securities6,345,188 Tranche 1 Performance Shares	Number & class of securities6,345,188 Tranche 1 Performance Shares	Number & class of securities6,345,188 Tranche 1 Performance Shares	Number & class of securities6,345,188 Tranche 1 Performance Shares
	ty Ltd B	hi il		Vesting upon suterm drill stem te	ccessful datast well on the	acquisition from the nearCFT CBM Project, such
	rresneneficiary)	ansapotenta		data establishing	flow and pres	sure build-up information
				demonstrating rid	eservoir permil fl	eabilities interpreted tot tit d
				prove commercomposition info	ca gas owrmation to ena	rae esmaes an gasble the experts report to
				be completed to	confirm rec	overable gas estimates.
				The Tranche 1from the date of i	Performancessue	Shares expire 9 months
					.
				6,345,188 Tra	nche 2 Perf	ormance Shares
				Vesting upon thecore wells on t	drilling and che CFT CBM	oring of two pressurisedProject testing for gas
				saturation and de	sorption isoth	erms and drill stem tests,
				which confirm ssupport a financi	ufficient longal investment	term gas flow rates todecision to commence a
				commercialdevelopmentofameaningfulgasproduction operation (i.e. 20 well development with aforecast production rate of not less than 10MMscf/d),together with all regulatory approvals. The Tranche 2Performance Shares expire 12 months from the date ofissue.15,862,969 Tranche 3 Performance SharesVesting upon the completion of 10 development wellshaving been drilled and completed on the CFT CBMProject or the completion of an alternative developmentwell drill programme which the parties have agreed,which independent engineers prognose will deliver anequivalent or better economic development outcome ata similar cost as a 10 well programme producing notless than 5 mmscf/day. The Tranche 3 Performanceexpire 18 months from the date of issue (unlessotherwise extended).15,862,969 Tranche 4 Performance SharesVesting upon the completion of 20 development wellshaving been drilled and completed on the CFT CBMProject or the completion of an alternative developmentwell drill programme which the parties have agreed,which independent engineers prognose will deliver anequivalent or better economic development outcome ata similar cost as a 20 well programme producing notless than 10 mmscf/day. The Tranche 4 PerformanceShares expire 24 months from the date of issue (unlessotherwise extended).

• See chapter 19 for defined terms.

Appendix 3Z Page 2

11/3/2002

Appendix 3Z Final Director’s Interest Notice

Part 3 – Director’s interests in contracts

Detail of contract	None
Nature of interest	n/a
Name of registered holder(if issued securities)	n/a
No. and class of securities towhich interest relates	n/a

See chapter 19 for defined terms.

11/3/2002

Appendix 3Z Page 3