BPH ENERGY LTD (BPH)

The suspension of trading in the securities of BPH Energy Ltd will be lifted immediately following the release by BPH of an announcement providing a clarification in relation to the PEP 11 project.

The company refers to an article which was published in the Australian Financial Review on 8 December 2022 titled, "Gas project nixed by ScoMo "˜could pump by 2025'" and an advertisement which was published on Hotcopper on 12 December 2022, titled "BPH Energy plans to solve Australia's east coast gas crisis" in relation to the Company's PEP11 Project. The Company wishes to clarify that its referenced mineral resource estimate of 5.665 trillion cubic feet of gas referred to in the Articles was first announced by the Company to the ASX through a cross release on BPH by MEC Resources Limited on 22 December 2010. This information has also generally been available on the Company's ASX platform since 2010. A recent reassessment of potentially recoverable prospective resource within the present permit boundary of the PEP 11 offshore Sydney basin permit indicates a sum of the P50 estimates of all identified Prospect and Leads of 5.7 TCF.

The company releases aa notification of cessation of securities.

Due to the Company's current suspension from quotation, the Company has not satisfied the quotation condition, being the quotation of the Loyalty Options offered under the Prospectus, within three months of the date of the Prospectus. The Quotation Condition expired on 27 February 2023 and as a result, the issue of the Loyalty Options is void. The Company proposes to: return all application monies to applicants who applied for Loyalty Options as soon as practicable; and lodge another prospectus for the offer of Loyalty Options, to give investors the same rights and entitlement to Loyalty Options as under the original Prospectus.

The company lodges its Half Yearly Report and Accounts.

The company releases a notice of application for quotation of securities.

The PEP 11 Joint Venture announces the resolution of the Federal Court Proceedings (WAD106/2022) between Asset Energy Pty Ltd and the Respondents. The proceedings involved the decision made on 26 March 2022 by the Commonwealth - New South Wales Offshore Petroleum Joint Authority to refuse Asset Energy's Application for a variation and suspension of the conditions to which PEP 11 is subject and a related refusal to grant an extension of term. The presiding Judge; Justice Jackson has agreed with the consent position reached by the parties, quashed the Decision and concluded that the Decision of the Joint Authority was affected by apprehended bias. This was because a fair-minded observer would have reasonably apprehended that the former Prime Minister of Australia the Hon Scott Morrison MP, as a member of the Joint Authority, did not bring a fair mind to determine Asset Energy's application.

Further to ASX's query letters dated 19 December 2022 and 22 December 2022, the securities of BPH Energy Ltd will continue to be suspended from quotation under Listing Rule 17.3, as in ASX's opinion, BPH is unable or unwilling to comply with Listing Rules 5.25 and 5.28. The securities will remain suspended pending BPH complying with Listing Rules 5.25 and 5.28 to ASX's satisfaction.

Judgment and reasons for decision in the Federal Court Proceedings (WAD106/2022) between Asset Energy Pty Ltd and the Respondents are to be handed down by Justice Jackson at 9.15 Perth Time on 14 February 2022. Bounty will request an ASX trading halt before trading opens on 14 February 2022 to allow time for filing of an ASX Release on the judgment and future actions.

The company releases a notification of cessation of securities.

Jackson J of the Federal Court of Australia has now vacated several interlocutory orders previously made in connection with preparing for the hearing of Proceeding Number WAD106/2022 between Asset Energy Pty and the Respondents; being the Commonwealth Minister for Resources et al. Bounty and BPH anticipate the Federal Court will consider the joint position to settle the matter without a trial taken by Asset Energy and the Minister and decide the matter accordingly. PEP 11 continues in force and the Joint Venture is fully in compliance with the contractual terms of PEP 11 with respect to such matters as reporting, payment of rents and the various provisions of the Offshore Petroleum and Greenhouse Gas Storage Act 2006.

In Proceedings Number WAD106/2022 between Asset Energy Pty Ltd and the Respondents namely Commonwealth Minister for Resources et al. the parties have filed proposed consent orders in the Federal Court of Australia. The proposed orders seek to end the ongoing litigation concerning PEP 11 without the need for a trial. The consent orders will only be made if the Federal Court of Australia considers it appropriate and the parties await further direction by the Court. The consent orders, if granted, will set aside the decision made in March 2022 by the Commonwealth-New South Wales Offshore Petroleum Joint Authority to refuse Asset Energy's Application for a variation and suspension of the conditions to which PEP 11 is subject and a related refusal to grant an extension of term. If the decision of the Joint Authority is set aside, then it will need to be re-made according to law.

The company releases a notification regarding unquoted securities.

The company lodges its Quarterly Activities/Appendix 4C Cash Flow Report.

The company lodges its Revised September 2022 Quarter Appendix 4C.

The company issues a response to ASX Appendix 3Y Query.

The company releases an updated notice of proposed issue of securities.

The company releases a loyalty options offer timetable update.

OMV New Zealand Limited has returned US$1.621 million (approximately A$2,423,000) to BPH's 36.1% associate Advent Energy Limited's 100% subsidiary Aotearoa Offshore Limited in accordance with the termination of the Farm Out Agreement executed on 24th December 2021. The US$1.621 million represents the Earning Costs based on Agreement clause 5.1 paid by the Farminee to the Farminor in early 2022. As a consequence of the termination of the Agreement the Advent group will now repay BPH by 31 December 2022: the A$2,257,345 loan from BPH to pay for the Earning Costs 1; the A$800,000 BPH loaned the Advent group to fund Year 1 exploration costs; accrued interest on these loans of A$146,152

The securities of BPH Energy Ltd will remain suspended from quotation under Listing Rule 17.3. The securities will remain suspended pending the release of an announcement regarding a response to ASX queries.

In relation to the Clean Hydrogen Technologies Corporation hydrogen investment, should the Purchaser exercise the ROFR, it must do so within 1 month of the Vendors request for the Additional Funding. The consideration payable is an aggregate of US$1,000,000, comprising of $US800,000 by BPH and US$200,000 by Advent subsequent to which BPH shall hold a total 16% interest in Clean Carbon and Advent shall hold a total 4% interest in Clean Carbon (based on the assumption that Clean Carbon has not issued any additional Clean Carbon Shares prior to the Right being exercised).

The securities of BPH Energy Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of BPH, pending the release of an announcement regarding a response to a query letter from ASX.

The suspension of the following options of BPH Energy Ltd will be lifted immediately following ASX being satisfied that there is a sufficient spread of option holders for the purposes of Listing Rule 2.5 condition 6: BPHOB.

The following options (BPHOB) of BPH Energy Ltd will be suspended immediately under Listing Rule 17.3. In order for the options to be quoted, ASX must be satisfied that there is a sufficient spread of option holders for the purposes of listing rule 2.5 condition 6. The options will be reinstated to official quotation if listing rule 2.5 condition 6 is satisfied.

The suspension of trading in the securities of BPH Energy Ltd will be lifted immediately following the release by BPH of an announcement regarding a capital raising.

The company releases a notice of proposed issue of securities.

Binding commitments received to raise $1.5 million through a strongly supported Placement at $0.013 per share. New sophisticated investors including high net worth, family office and dedicated resource funds confirmed as participants. â–ª In addition to the Placement, BPH is launching one (1) for twenty five (25) Entitlement Offer to raise approximately $400,000 at $0.013 per share. Placement and Entitlements Offer participants will receive a one (1) Attaching Option for every one (1) New Shares subscribed for under the Placement and Entitlements Issue, exercisable at $0.03 per share, expiring 30 September 2024. The options will be listed subject to ASX requirements being met. Intention to grant a one (1) for eight (8) Loyalty Option to all eligible BPH shareholders on or around late September 2023, with the same exercise price and expiry date of the Attaching Options, and will be listed subject to ASX requirements being met. BPH funded to execute its next phase of Hydrogen investments and hydrocarbon funding.

The securities of BPH Energy Ltd will be suspended from quotation immediately under Listing Rule 17.2, at the request of BPH, pending the release of an announcement regarding a capital raising.

The suspension of trading in the securities of BPH Energy Ltd will be lifted immediately following the release by BPH of announcements regarding the participation of its investee Advent Energy Limited in a farm out agreement and a further transaction with a company involved in hydrogen production technology.

Subject to shareholder approval, the company intends to pursue an investment in a hydrogen technology company, Clean Hydrogen Technologies Corporation. The general meeting of the Company is scheduled to be held at 15 View Street, North Perth, WA 6006 on 21st June 2022, at 10 am (WST).

BPH has been notified by its investee, Patagonia Genetics, that it has ceased operations. Patagonia was unable to secure the required licences to undertake its operations and it had no residual assets.

The Company requests an extension to this voluntary suspension. It is expected that the suspension will last until Tuesday, 24 May 2022 or the Company releasing a further announcement on the Proposed Transaction with a company involved in Hydrogen production technology, whichever occurs earlier.

Investee Cortical Dynamics Limited has been awarded $137,000 in funding to further develop the "˜Brain Anaesthesia Response Monitor' to optimise patient experience under anaesthesia and to implement brain data monitoring and feedback. The funding comes from the fourth round of the BioMedTech Horizons (BMTH) program, an initiative of the Medical Research Future Fund (MRFF) delivered by MTPConnect.

The company requests an extension to this voluntary suspension. It is expected that the suspension will last until Tuesday, 17 May 2022 or the company releasing a further announcement on the proposed transaction with a company involved in hydrogen production technology, whichever occurs earlier.

The Company requests an extension to this voluntary suspension. It is expected that the suspension will last until Tuesday, 10 May 2022 or the Company releasing a further announcement on the Proposed Transaction with a company involved in Hydrogen production technology, whichever occurs earlier.

The company lodges its Quarterly Activities/Appendix 4C Cash Flow Report.

The Company requests an extension to this voluntary suspension. It is expected that the suspension will last until Tuesday, 3 May 2022 or the Company releasing a further announcement on the Proposed Transaction with a company involved in Hydrogen production technology, whichever occurs earlier.

The company releases its Appendix 2A.

The company lodges its amended 31 December 2021 Half year Financial Report.

The Company requests an extension to this voluntary suspension. It is expected that the suspension will last until Tuesday, 26 April 2022 or the Company releasing a further announcement on the Proposed Transaction with a company involved in Hydrogen production technology , whichever occurs earlier.

The Company requests an extension to this voluntary suspension. It is expected that the suspension will last until Monday, 18 April 2022 or the Company releasing a further announcement on the Proposed Transaction with a company involved in Hydrogen production technology , whichever occurs earlier.

The Company requests an extension to this voluntary suspension to allow for the completion and release of the Notice of Meeting. It is expected that the suspension will last until Monday 11 April 2022 or the Company releasing the Notice of Meeting for Shareholder approval of the Proposed Transaction.

Advent Energy Limited, through its subsidiary Aotearoa Offshore Ltd NZ (AOLNZ), has the right to acquire a 30% participating interest in Petroleum Exploration Permits 57075, 60092 and 60093 covering an area of 5,180 km2 in the Taranaki Basin from OMV New Zealand Limited. Toutouwai-2 appraisal well is being assessed for drilling early in 2023. OMV New Zealand Limited to remain operator of all three permits with a 40% participating interest. SapuraOMV will continue to hold their 30% participating interest in the licences.

BPH Energy Limited and Bounty Oil & Gas NL as the PEP 11 Joint Venture announce that they have today been given notice by the National Offshore Petroleum Titles Administrator that NOPTA has refused the Joint Venture Application initially submitted on 24 December 2019 for a secondary work program variation and a 24-month suspension of the Permit Year 4 Work Program Commitment and the corresponding 24-month extension of the Permit Term. The Joint Venture has statutory legal rights to seek a review of the decision referred to in the notice under the Offshore Petroleum and Greenhouse Gas Storage Act 2006 and is obtaining legal advice on such review process.

The Company requests an extension to this voluntary suspension. It is expected that the suspension will last until Monday, 4 April 2022 or the Company releasing the announcement, whichever occurs earlier.

The Company requests an extension to this voluntary suspension. It is expected that the suspension will last until Monday, 28 March 2022 or the Company releasing the announcement, whichever occurs earlier.

The Company requests an extension to this voluntary suspension. It is expected that the suspension will last until Monday, 21 March 2022 or the Company releasing the announcement, whichever occurs earlier.

The Company requests an extension to this voluntary suspension. It is expected that the suspension will last until Monday, 14 March 2022 or the Company releasing the announcement, whichever occurs earlier.

The Company requests an extension to this voluntary suspension. It is expected that the suspension will last until Monday, 7 March 2022 or the Company releasing the announcement, whichever occurs earlier.

The company lodges its Half Yearly Report and Accounts.

The Company requests an extension to this voluntary suspension. It is expected that the suspension will last until Monday, 28 February 2022 or the Company releasing the announcement, whichever occurs earlier.

The Company requests an extension to this voluntary suspension. It is expected that the suspension will last until Monday, 21 February 2022 or the Company releasing the announcement, whichever occurs earlier.

The Company requests an extension to this voluntary suspension. It is expected that the suspension will last until Monday, 14 February 2022 or the Company releasing the announcement, whichever occurs earlier.

The Company requests an extension to this voluntary suspension. It is expected that the suspension will last until Monday, 7 February 2022 or the Company releasing the announcement, whichever occurs earlier.

The company lodges its Quarterly Activities/Appendix 4C Cash Flow Report.

The Company requests an extension to this voluntary suspension. It is expected that the suspension will last until Monday, 31 January 2022 or the Company releasing the announcement with respect to the participation of Advent Energy Limited in a farmout agreement, whichever occurs earlier.

The Company requests an extension to this voluntary suspension. It is expected that the suspension will last until Tuesday, 25 January 2022 or the Company releasing the announcement with respect to the participation of its investee, Advent Energy, in a farmout agreement, whichever occurs earlier.

The Company requests an extension to this voluntary suspension. It is expected that the suspension will last until Friday, 21 January 2022 or the Company releasing the announcement with respect to the participation of Advent Energy Limited in a farmout agreement, whichever occurs earlier.

The Company requests an extension to this voluntary suspension. It is expected that the suspension will last until Friday, 14 January 2022 or the Company releasing the Announcement, whichever occurs earlier.

The Company requests an extension to this voluntary suspension. It is expected that the suspension will last until Thursday, 13 January 2022 or the Company releasing the announcement with respect to the participation of Advent Energy Limited in a farmout agreement, whichever occurs earlier.

The Company requests an extension to this voluntary suspension. It is expected that the suspension will last until Monday, 10 January 2022 or the Company releasing the announcement with respect to the participation of Advent Energy Limited in a farmount agreement, whichever occurs earlier.

The Company requests an extension to this voluntary suspension. It is expected that the suspension will last until Wednesday, 29 December or the Company releasing the announcement with respect to the participation of the company's investee, Advent Energy Limited, in a Farmin Agreement, whichever occurs earlier.

The Company requests an extension to this voluntary suspension. It is expected that the suspension will last until Friday, 24 December or the Company releasing the Announcement, whichever occurs earlier.

Federal Government announces intention to refuse PEP-11 extension. Bounty now focusing on world class multiple large targets at Cerberus. Company Webinar Presentation to discuss exploration plans.

The company will be presenting as part of a free Investor Webinar "ASX Opportunities in the Oil & Gas Sector: Meet the Upstream players!" on Tuesday 14th December 2021 at 12:30pm AEST / 9:30am AWST. Executive Chairman and Managing Director, David Breeze, will be presenting.

The securities of BPH Energy Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of BPH, pending the release of an announcement regarding the participation of its investee Advent Energy Limited in a Farm-in Agreement.

The suspension of trading in the securities of BPH Energy Ltd will be lifted immediately following the release by BPH of an announcement.

The terms sheet in relation to a COVID-related transaction has been terminated by mutual consent with the vendor. The disclosure requirements in relation to intellectual property and testing could not be met. The application to NOPTA to enable the drilling of the Baleen drill target in the PEP11 permit offshore NSW has completed assessment and is now in the final decision phase. The placement shares have been issued. A holding lock has been placed on these shares pending completion and lodgment of a cleansing prospectus, which is currently being finalised.

Advent Energy limited and Asset Energy Pty Ltd have each served a notice of demand on MEC primarily in respect of costs incurred by Advent and Asset but claimed by MEC in its 30 June 2018 and 30 June 2019 annual Research and Development Tax Incentive claims with the Australian Taxation Office. The claim against MEC by Advent is $242,155.21, and by Asset $593,343.17.

The Company makes a request to extend the voluntary suspension period to Thursday, 18th June 2020 or the Company releasing an announcement in respect to a further investment relating to COVID-19, whichever occurs earlier.

The Company makes a request to extend the voluntary suspension period to Thursday, 11th June 2020 or the Company releasing an announcement in respect to a further investment relating to COVID-19, whichever occurs earlier.

The Company makes a request to extend the voluntary suspension period to Thursday, 4th June 2020 or the Company releasing an announcement in respect to a further investment relating to COVID-19, whichever occurs earlier.

The Company makes a request to extend the voluntary suspension period to Monday, 1st June 2020 or the Company releasing an announcement in respect to a further investment relating to COVID-19, whichever occurs earlier.

The company lodges its March 2020 Quarter Activities Report - Amended.

The company lodges its Appendix 4C March 2020 Quarter Amended.

The Company makes a request to extend the voluntary suspension period to Thursday, 28th May 2020 or the Company releasing an announcement in respect to a further investment relating to COVID-19, whichever occurs earlier.

The Company makes a request to extend the voluntary suspension period to Wednesday, 27th May 2020 or the Company releasing an announcement in respect to a further investment relating to COVID-19, whichever occurs earlier.

The company lodges its March 2020 Quarter Activities Report.

The company releases a notice of Proposed issue of Securities - BPH.

The company releases an Appendix 2A.

The company has successfully completed a placement to sophisticated investors raising $333,600 through the issue of 37,066,666 new shares. The placement shares have been issued at $0.009 per share, which represents a 12% premium to the 5-day VWAP and a 12% premium to the last close.

The Company makes a request to extend the voluntary suspension period to Friday, 22nd May 2020 or the Company releasing an announcement in respect to a further investment relating to COVID-19, whichever occurs earlier.

The Company makes a request to extend the voluntary suspension period to Wednesday, 20th May 2020 or the Company releasing an announcement in respect to a further investment relating to COVID-19, whichever occurs earlier.

The Company makes a request to extend the voluntary suspension period to Monday, 18th May 2020 or the Company releasing an announcement in respect to a further investment relating to COVID-19, whichever occurs earlier.

The Company makes a request to extend the voluntary suspension period to Friday, 15th May 2020 or the Company releasing an announcement in respect to a further investment relating to COVID-19, whichever occurs earlier.

The Company makes a request to extend the voluntary suspension period to Tuesday, 12 May 2020 or the Company releasing an announcement in respect to a further investment relating to COVID-19, whichever occurs earlier.

The Company makes a request to extend the voluntary suspension period to Monday, 11 May 2020 or the Company releasing an announcement in respect to a further investment relating to COVID-19, whichever occurs earlier.

The Company makes a request to extend the voluntary suspension period to Friday, 8 May 2020 or the Company releasing an announcement in respect to a further investment relating to COVID-19, whichever occurs earlier.

The Company makes a request to extend the voluntary suspension period to Thursday, 7 May 2020 or the Company releasing an announcement in respect to a further investment relating to COVID-19, whichever occurs earlier.

The Company makes a request to extend the voluntary suspension period to Wednesday, 6 May 2020 or the Company releasing an announcement in respect to a further investment relating to COVID-19, whichever occurs earlier.

The company lodges an Appendix 4C - quarterly.

The securities of BPH Energy Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of BPH, pending the release of an announcement regarding a capital raising and a new potential investment.

we understand that on or about this date the company consolidated its shares 1 for 10

The suspension of trading in the securities of BPH Energy Ltd will be lifted immediately following the release by BPH of an announcement regarding distribution agreement relating its investment in Patagonia Genetics Pty Ltd.

The company's investee, Patagonia Genetics, has recently acquired the exclusive rights to a newly discovered high CBD phenotype of the 'Carmagnola' Italian Hemp strain.

The securities of BPH Energy Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of BPH, pending the release of an announcement regarding a distribution agreement.

The suspension of trading in the securities of BPH Energy Ltd will be lifted from the commencement of trading on Monday, 12 August 2019, following the release by BPH of an announcement regarding a settlement with MEC Resources Limited.

The company has reached a settlement with MEC Resources Limited in relation to the oppression proceedings it commenced in the Supreme Court of Western Australia earlier this year with Grandbridge, Trandcorp and Mr. David Breeze. BPH, MEC, GBA, Trandcorp and Mr. David Breeze settled a number of other proceedings and entered into a deed of settlement and release with Advent Energy and other relevant parties.

The securities of BPH Energy Ltd will be suspended from quotation immediately under Listing Rule 17.2, at the request of BPH, pending the release of an announcement.

The suspension of trading in the securities of BPH Energy Ltd will be lifted immediately, following the release by BPH of an announcement.

The company issues an entitlement issue prospectus for a non-renounceable entitlement issue of one (1) Share for every one (1) Share held by those Shareholders registered at the Record Date at an issue price of $0.001 per Share to raise up to approximately $1,186,237

The company provides additional information in respect of the placement. 69,928,113 shares have been issued within its remaining 15% approval limit under Listing Rule 7.1 and 75,121,887 shares under the additional 10% approval limit approved by shareholders at the last Annual General Meeting under Listing Rule 7.1A. The shares are being issued pursuant to its 10% capacity under ASX Listing Rule 7.1A in conjunction with a rights issue announced on 25 October 2018. The issue is not underwrittten and there are no fees payable in connection with the issue. Once the Company issued the 69,928,113 ordinary shares within its remaining 15% approval limit under ASX Listing Rule 7.1 there were 1,111,115,530 ordinary shares on issue. The issue of the additional 75,121,887 ordinary shares within its 10% approval limit under ASX Listing Rule 7.1A resulted in a dilution of 6.8%. The non-cash consideration received for the 75,121,887 shares issued under Listing Rule 7.1A is set out in the valuation report lodged with ASX dated 25 October 2018.

The company releases a valuation report for the purposes of Listing Rule 7.1A.3.

The securities of BPH Energy Ltd will be suspended from quotation immediately under Listing Rule 17.2, at the request of BPH, pending the release of an announcement.

The suspension of trading in the securities of BPH Energy Ltd will be lifted immediately, following the release by BPH of an announcement and receipt of a response to an ASX Query

The company issues a response to ASX query.

The company announces a pro rata non-renounceable rights offer of one (1) new fully paid ordinary share in the capital of the Company for every one (1) Share held by eligible shareholders at an issue price of $0.001 per New Share to raise up to approximately $1,186,237. The Company is also pleased to announce it has agreed a placement of 145,050,000 Shares at $0.001 per Share.

The company provides a market update. The Company intends to pursue a complementary strategy of making investments in the medical cannabis sector. At this stage no specific investment has been considered. BPH has announced a rights issue to raise up to $1,186,237 by issuing up to 1,186,237,417 shares on a one for one basis at an issue price of 0.1 cents ($0.001) per share. BPH has agreed to place a further $145,050 of shares in the Company at 0.1 cents ($0.001) per share. Cortical Dynamics Limited's BAR Monitor will be exhibited by the Cortical Korean distributor GLOBALUCK on 8th to 10th November 2018 at the Congress of Korean Anaesthesiology meeting in Seoul. Cortical has engaged Enable Funding to undertake a pre-IPO capital raising of up to $2 million at a price of 10 cents per share. Cortical's BARM has now been used in further successful trials at Strathfield Private Hospital in Sydney. Strathfield is part of the Ramsay private hospital group.

The securities of BPH Energy Ltd will be suspended from quotation immediately under Listing Rule 17.2, at the request of BPH, pending the release of an announcement.

The suspension of trading in the securities of BPH Energy Limited will be lifted immediately following the release of an announcement.

Cortical has signed an agreement for distribution of its Brain Anaesthesia Response monitor in the Benelux countries: Belgium, Netherlands and Luxembourg with Innomed Benelux BV. In Korea Cortical has signed an agreement with Globaluck. Globaluck distributes cardiac and a range of medical devices to the South Korean hospital market and will now obtain the approvals required to supply the BARM to the South Korean market. This distribution agreement arose as a result of an invitation by the Australian Trade and Investment Commission to attend and present at the Austrade Korean Medtech Innovation Showcase 2016. The distribution agreement with Innomed was signed on 27th April 2018 and the Korean agreement signed on 18th April 2018.

The securities of BPH Energy Ltd will be suspended from quotation immediately, in accordance with Listing Rule 17.3.

The suspension of trading in the securities of BPH Energy Limited will be lifted before the commencement of trading on Monday, 16 April 2018, following receipt of an announcement from the Company.

The Writ of Summons issued by BPH and GBA against MMR claims that monies are payable by MMR, AEL and AEP for monies lent by BPH and GBA. AEP is a wholly owned subsidiary of AEL and AEL is a controlled entity of MMR. In its announcement made on 4 April 2018, MMR and AEL dispute the liability for the amounts claimed.

ASX has suspended the securities of BPH Energy Limited from official quotation pursuant to Listing Rule 17.3.

the suspension of trading in the securities of the company will be lifted immediately, following receipt of an announcement about the final logging data on the New Seaclem 1 exploration well in PEP 11

the securities of the Company will be suspended from quotation immediately, at the request of the Company, pending release of an announcement in relation to New Seaclem 1, PEP 11

MEC Resources Ltd investee company Advent Energy Ltd says drilling at the New Seaclem 1 well off Australia's east coast has revealed a reservoir and sea pairs consisting of high-porosity Tertiary sandstones along with several formational and intraformational seals. Advent says a seismic line oriented south-west to north-east suggests there is significant updip structural potential which has not been tested. Further seismic data is required, and the joint venture will announce additional details in due course. Advent subsidiary Asset Energy is increasing its interest in PEP11 from 25% to 85% on completion of the New Seaclem 1 well, thereby reducing Bounty Oil & Gas's interest from 75% to 15%. Advent shareholders include MEC, BPH Energy Ltd, Grandbridge Ltd and Talbot Group Investments.

name changed from BPH Corporate Limited