Molopo Energy Limited

Asian Activities Report for October 20, 2011 includes: Hawkley Oil and Gas Limited (ASX:HOG) announces a three-fold increase in the remaining 2P reserves in the B18b gas accumulation in the Sorochynska Field in Ukraine; Jameson Resources Limited (ASX:JAL) has signed agreements to acquire Canadian coal assets; Dragon Mining Limited (ASX:DRA) announces the final results from the fourth phase drilling programme on the Juomasuo deposit at the Kuusamo Gold Project in northern Finland; Molopo Energy Limited (ASX:MPO) has commenced drilling the Parker South 85 exploration well in its Wolfcamp acreage in West Texas.

Australian Market Report of February 2, 2011 includes: Fortis Mining Limited (ASX:FMJ) has entered into a strategic partnership alliance with Grand Concord Investments Limited; Peninsula Energy Limited (ASX:PEN) announced 33Mlbs U3O8 resources in USA; Molopo Energy Limited (ASX:MPO) is to sell Spearfish oil asset to Legacy Oil + Gas Inc (TSE:LEG); Avita Medical Limited (ASX:AVH) completed ISO quality certification audit to sell its products in Europe.

Australian Market Report of December 16, 2010 includes: Indo Mines Limited (ASX:IDO) will commence production of commercial trials of iron concentrate in Indonesia; West African Resources Limited (ASX:WAF) reported its most significant results to date at Boulsa Gold Project in Burkina Faso; Molopo Energy Limited (ASX:MPO) had achieved its first proved onshore gas reserves in South Africa; Aurora Oil & Gas Limited (ASX:AUT) is to raise A$120 Million to fund Eagle Ford Shale Acquisition.

Plans by WestSide Corporation Limited (ASX:WCL) to join Mitsui E&P Australia Pty Ltd to acquire the Dawson Seamgas coal seam gas (CSG) assets in Queensland's Bowen Basin from Anglo American (OTC:AAUKY) and Mitsui Moura Investment Pty Ltd ("MMI") have been unaffected by subsequent pre-emption notices relating to neighbouring permits.

WestSide Corporation Limited (ASX:WCL) today announced that it has entered a conditional agreement to acquire Anglo American's ("Anglo") stake in the Dawson Seamgas coal seam gas ("CSG") assets, and potentially, Mitsui Moura Investment Pty Ltd's ("Mitsui") interest in those assets.

The Board of Directors of Drillsearch Energy Ltd (ASX:DLS)(PINK:DRLLF) are pleased to announce the appointment of Mr. John Whaley as Chief Commercial Officer. John will take on responsibility for the development and commercialisation of Drillsearch's assets together with managing acquisitions and divestments.

Today is going to be another tough day after Wall Street stocks tumbling in late trade overnight as investors worry governments around the world will fail to avert a global recession.

The Australian share market closed lower yesterday despite a positive lead from US markets and the United States central bank's rescue of global insurer American International Group (AIG). Overnight Wall Street plunged more than 4% after the US Federal Reserve has announced it would provide AIG with an $US85 billion rescue loan to save it from bankruptcy.

Molopo announced that drilling at the new coalbed methane exploration corehole, LMGC1, has been successfully completed to a total depth of approximately 937m.

Coal seam gas producer, Molopo Australia Limited (ASX: MPO), says new test results give it further confidence a gas field north of Newcastle in New South Wales, will be commercialised.