18 December 2009 The Manager, Companies ASX Limited Level 45 South Tower, Rialto 525 Collins Street Melbourne VIC 3000 Attention Ms Kate Kidson Dear Ms Kidson Request for Trading Halt Octanex N.L. (the Company) requests that a trading halt be placed on its shares. The trading halt is sought from immediately before commencement of trading today, Friday, 18 December 2009. The reason for the trading halt is the Company expects to make an announcement on a significant matter relating to a decision made with respect to the four (4) petroleum exploration permits in which OMV Australia Pty Ltd and ENI Australia Limited are in joint venture with the Company and the Board considers the information will be price sensitive. The Company expects the trading halt to continue until an announcement about the above matter is able to be made. The Company expects to make that announcement within the next 2 hours. The Company is not aware of any reason why the trading halt should not be granted. Yours faithfully, GRAEME MENZIES Director Octanex N.L.
MOG Price at posting:
24.0¢ Sentiment: None Disclosure: Held