Completion of Shortfall for Entitlement Issue

Wildhorse Energy Limited ("Wildhorse" or "Company") is pleased to announce that the Company has now completed the previously announced shortfall offer by issuing the remaining 28,010,305 Shares at an issue price of A$0.05.

With the shortfall now completed, Wildhorse has cash on hand of approximately A$3.6 million which places the Company in a strong financial position to progress its current project and pursue new business opportunities in the resource and other sectors both domestically and overseas. In this regard, the Company will make announcements to the market as appropriate should an acquisition occur.

Settlement and dealings

Application has been made to the Australian Securities Exchange ("ASX") and the AIM market of the London Stock Exchange ("AIM") for 28,010,305 new ordinary shares, which rank pari passu with the Company's existing issued ordinary shares, to be admitted to trading on both the ASX and AIM. Dealings on AIM are expected to commence at 8:00 a.m. on or around 23 March 2015 (the "Admission").

Following the Admission of the issuing Shares, the Company's issued share capital will comprise 90,802,596 ordinary shares. The Company does not hold any shares in treasury. This figure of 90,802,596 ordinary shares may be used by the Company's shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

For further information please visit www.wildhorse.com.au or contact: