Extension to Closing Date of Rights Issue Offer

Extension to Closing Date

As announced on 30 June 2014, AIM and ASX listed Wildhorse Energy ('WHE' or 'the Company') is undertaking a one (1) for two (2) pro-rata non-renounceable rights issue ('Offer') at A$0.007 per share to raise up to approximately A$1.435 million (before costs).

The Company announces that the WHE Board has extended the closing date of the Offer by fourteen (14) business days from 24 July 2014 to 5pm WST on 13 August 2014 in order to allow additional time for shareholders to respond to the offer made to them. The revised indicative timetable for the Offer is set out below:

This timetable is indicative only and subject to change. The Company reserves the right to vary the above dates, subject to the ASX Listing Rules and the Corporations Act 2001 (Cth).

Update on Heads of Agreement with Linc Energy Limited

The Company announced on 21 February 2014 that it had signed a Heads of Agreement ('HOA') for the sale of its Hungarian coal assets to the Singapore Exchange listed Linc Energy Limited ('Linc Energy') for consideration equal to A$4.04 million in shares in Linc Energy.

Investors should be aware that the HOA was extended on 21 June 2014 and is now due to expire at midnight on 21 July 2014 (unless extended by mutual agreement prior to that time).

The Company will update the market on 22 July 2014 as to the status of the HOA.

**ENDS**

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