Ann: Texas sale update, page-2

Good move IMO. Oil's starting to look better lately.
"Austin Exploration (“Austin” or “the Company”) (ASX:AKK) advises that following the Company’s market update
on June 16, 2015, that due to falling oil prices, the offers coming in on the Texas Birch property have been too low
and Austin’s Board of Directors have decided not to accept these offers.
Austin’s Directors have further decided to leave the property on the market. The Board does not believe it is in
the shareholder’s best interest to sell the property at a time of very low oil prices.
The Company will provide material updates on the sales process when it occurs.