Lodging of Entitlement Issue Prospectus with ASX

The Board of Wildhorse Energy Limited ("Wildhorse" or "the Company") is pleased to announce that is has today lodged an Entitlement Issue prospectus with the Australian Securities Investment Commission ("ASIC"') in relation to a proposed pro rata renounceable entitlement issue to raise up to approximately A$3.783 million (before costs). 

Details of the Offer:

The Offer to shareholders is five (5) fully paid ordinary shares (" Shares") in the capital of the Company for every one (1) Share held by shareholders ('Offer'). The Offer is being made to all shareholders of the Company (Shareholders) named on its register of members at 5.00pm (WST) on 22 December 2014, whose registered address is in Australia, New Zealand or United Kingdom ("Eligible Shareholders").

The Entitlement Issue is renounceable and the Entitlements will be able to be traded on the ASX. However, due to the lack of liquidity of the Company's Shares on AIM, the Board determined that the additional cost and time required does not justify having the Entitlements tradable on AIM. Accordingly, if you are a Holder of Depositary Interests in respect of Shares, with a registered address in Australia, New Zealand or the United Kingdom, and you wish to trade your Entitlement, you will be required to transfer your Entitlement to an Australian registered stockbroker who is able to trade securities on the ASX. This is only available to Shareholders whose Entitlements are registered under a Holder Identification Number under the CHESS system ("HIN") and have completed a share transfer form (to be enclosed wth the prospectus) which is received by Computershare Investor Services PLC before Friday, 30 January 2015.

Should holders of Depositary Interests not have an established account with an Australian stockbroker, they should contact the Company for the contact details of Australian brokers (however the Company shall not assume any liability for any arrangements between any holder of Depositary Interests and any such Australian brokers).

Key dates for the Offer

A copy of the Prospectus is available on ASX's and Wildhorse's website. Eligible Shareholders will be mailed a Prospectus (which does not constitute a prospectus under the United Kingdom's Prospectus Rules). together with an Entitlement and Acceptance Form no later than 24 December 2015. Shareholders' entitlements will be set out on the personalised Entitlement and Acceptance Form accompanying the Prospectus.

*In relation to Depositary Interest Holders, all references to the record date are as at the time of 5.00pm (GMT) in London, United Kingdom.

*\* The Directors may extend the Closing Date by giving at least 3 Business Days' notice to ASX prior to the Closing Date. As such the date the Securities are expected to commence trading on ASX may vary.

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