ZIMI LIMITED — Capital/Financing Update 2009

Aug 18, 2009

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WHL Energy Ltd C/- Websters Solicitors ABN: 25 113 326 524 Level 11, 37 Bligh Street Sydney NSW 2000 Australia P: +61 2 9233 2688 F: +61 2 9233 3828 www.whlenergy.com

ASX/MEDIA RELEASE

Dated: WHN 19 AUGUST 2009

ANNOUNCEMENT – SIGNIFICANT FIELD OPPORTUNITY IN SOUTHERN KENTUCKY/TENNESSEE - 40 K+ ACRES COMPRISED OF IN EXCESS OF 300 HIGH QUALITY WELLBORES.

The Directors of WHL Energy Ltd. are pleased to provide an update regarding its Kentucky joint venture with KOS Energy (Kentucky) LLC (KOS) and Deniz Energy LLC where each party holds an equal 33.3% working interest in the venture.

WHL and its partners have executed an agreement with Ky-Tenn Oil (KTO) to enter into a significant field re-entry opportunity in Southern KY/Tennessee to complete in excess of 300 wells using KOS’s proprietary Short Radius Stimulation (SRS) jet drilling technology.

KTO is a mid-size operator in Southern KY/TN with 300+ established wells. The focus of their drilling has been to develop the shallow and prolific limestone reefs abundant in the area known as the Fort Payne and Big Lime. KTO believes that the SRS technology may be a technology that can stimulate and unlock the respective formations

The parties will be undertaking a 5 well preliminary program in order to confirm economic production rates, followed by a rapid deployment of the SRS technology. WHL Energy has access to the patented SRS hydra-jet drilling technology via its partner, whereby coiled tubing is able to complete up to 3000 feet of laterals into various limestones, thereby providing a low cost stimulation. Previous applications of this technology in many different reserves including similar limestone reef structures in the area have resulted in a several fold increase in production.

Peter Bartter, the Chairman of WHL states, “This most recent acquisition has provided the company and its shareholders a significant land asset base in the onshore US oil and gas market. Couple this recent acquisition with our joint ventures with KOS Energy, Jetside Energy and our current portfolio of oil and gas assets I see a bright future for our company. All of our acquisitions in this space require minimal capital upfront and provide excellent short term cash flow to our company and hence providing us the ability to increase shareholder value and give us the means to pursue further acquisitions in this field, while also concentration on our potential wind transactions in the near future”.

Yours Faithfully,

Peter Bartter Chairman WHL Energy Limited