Indago Energy Ltd

Pryme Energy Limited (ASX:PYM) report the flow back operation on the Rosewood Plantation 21H No.1 well has been underway since Monday night (Brisbane, Australia time) with the well achieving a maximum production rate of 1,040 barrels of oil and 1,850 Mcf per day on a 15/64 choke.

Pryme Energy Limited (ASX:PYM) advises that the 2013 Annual General Meeting is scheduled for Wednesday 24 April 2013 at the office of PricewaterhouseCoopers

Pryme Energy Limited (ASX:PYM) report that the drill rig used to drill the Rosewood Plantation 21H No.1 well is being removed from site. Inclement weather delayed the demobilization of the rig and has, in turn, delayed the flow test until this coming weekend.

Pryme Energy Limited (ASX:PYM) is pleased to announce that it has raised $987,000 through a private placement of 12.34 million new ordinary shares, at a price of $0.08 per share (the Placement). The Placement represents the balance of the securities available and that can be issued under the Company's 15% issue capacity in accordance with ASX Listing Rule 7.1.

Pryme Energy Limited (ASX:PYM) Rosewood Plantation 21H No.1 (61.53% Working Interest / 46.15% NRI): The 4,480 feet (1,365 metre) long pre-perforated production liner has been successfully installed in the Rosewood Plantation 21H No.1 well to a total measured depth of 19,178 feet (5,845 metres). The liner runs from inside the lower 200 feet of the intermediate casing to the end of the lateral.

Pryme Energy Limited (ASX:PYM) has joined the Boardroom Radio Australia (BRR) team to record and publish online broadcasts of various announcements its makes through the Australian Securities Exchange (ASX).

Pryme Energy Limited (ASX:PYM) (OTCQX:POGLY) drilling at the Rosewood Plantation 21H No.1 well has been concluded and completion operations are underway. The decision to commence completion operations was taken after consideration of the recently intersected fracture system and the additional time and mechanical risk associated with continuing to drill the lateral while managing the well pressure and volume of oil and natural gas. The total measured depth of the well is 19,178 feet (5,845 metres) including the 4,500 foot (1,361 metre) lateral.

The Pryme Energy Limited (ASX:PYM) (OTCQX:POGLY) Rosewood Plantation 21H No.1 well has reached a total measured depth of 19,168 feet (5,842 metres) and has intersected a significant oil and gas bearing fracture system. Green oil is being produced back to surface with the drilling mud and a 30-40 foot high natural gas flare is burning. The planned total depth of the well is 20,310 feet (6,190 metres).

Pryme Energy Limited (ASX:PYM) are pleased to provide the December 2012 Quarterly Cashflow and Activities Report.

Pryme Energy Limited's (ASX:PYM) Rosewood Plantation 21H No.1 well continues drilling horizontally and is currently at a total measured depth of 18,311 feet (5,581 metres). The planned total measured depth of the well is 20,310 feet (6,190 metres) leaving approximately 2,000 feet of the lateral to drill.