INVICTUS ENERGY LTD — Director's Dealing 2012

Jan 22, 2012

Appendix 3X Initial Director’s Interest Notice

Appendix 3X

Initial Director’s Interest Notice

Name of entity: Sunbird Energy Ltd ACN: 150 956 773

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Mr William Barker
Date of appointment	17 May 2011

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

Number & class of securities

Nil

• See chapter 19 for defined terms.

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Appendix 3X Initial Director’s Interest Notice

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

Name of holder & nature of interest InvermayNominees Pty Ltd

Number & class of Securities Ordinary Shares 2,000,000 ordinary shares Options (A) 2,000,000 Ordinary Options at an issue price of $0.0001 exercisable at $0.20 expiring 19/1/2015. (B) 2,000,000 Ordinary Options at an issue price of $0.00001 exercisable at $0.20 each which vest on 19/1/2013 and expire 19/1/2016. (C) 2,000,000 Ordinary Options at an issue price of $0.00001 exercisable at $0.20 each which vest on 19/1/2014 and expire 19/1/2017. (D) 2,500,000 Portfolio Performance Options exercisable at 25 cents which vest on the date an Independent Expert certifies discoveries of at least 500 bcf 3C resource of gas from the Initial Portfolio provided such date is on or before 19/1/2015, and expiring 3 years after vesting. (E) 2,500,000 Portfolio performance Options exercisable at 30 cents which vest on the date an Independent Expert certifies discoveries of at least 1 Tcf 3C resource of gas from the Initial Portfolio provided such date is on or before 19/1/2015, and expiring 3 years after vesting. (F) 2,500,000 New Venture Performance Options exercisable at 25 cents vesting on the date an Independent Expert certifies discoveries of at least 500 bcf 3C resource of gas from a New Venture provided such date is on or before 19/1/2015, and expiring 3 years after vesting.

• See chapter 19 for defined terms.

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Appendix 3X Initial Director’s Interest Notice

(G)	2,500,000 New Venture Performance
	Options exercisable at 30 cents vesting on
	the date an Independent Expert certifies
	discoveries of at least 1 Tcf 3C resource
	of gas from the New Venture provided
	such date is on or before 19/1/2015,and
	expiring 3 years after vesting.
(H)	2,500,000 Cornerstone Investor
	Performance Options exercisable at 20
	cents expiring 3 years after 19/1/2012, if
	a Cornerstone Investor is secured.

Part 3 – Director’s interests in contracts

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
No. and class of securities to which interest relates	N/A

• See chapter 19 for defined terms.

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