Fremont Petroleum Corporation Ltd

Austin Exploration Limited (ASX:AKK) (OTCQX:AUNXY) today announce that internationally respected petroleum industry executive, Mr Richard Cottee, will join the Company's Board of Directors as Non-Executive Chairman, effective 24 February 2012.

Austin Exploration Limited (ASX:AKK) - on behalf its wholly owned US subsidiary Aus-Tex Exploration Inc- provides the following update on drilling of the Krueger #1 well, the first well on the Company's Eagle Ford Shale project at the Birch Prospect in Burleson County, Texas, USA.

Austin Exploration Limited (ASX:AKK) - on behalf its wholly owned US subsidiary Aus-Tex Exploration Inc- provides the following update on drilling of the Krueger #1 well, the first well on the Company's Eagle Ford Shale project at the Birch Prospect in Burleson County, Texas, USA.

OTC Markets Group Inc. (OTCQX:OTCM), the financial information and technology services company that provides the world's largest electronic marketplace for broker-dealers to trade over-the-counter ("OTC") stocks, announced that Austin Exploration Ltd. (OTCQX:AUNXY) (ASX:AKK), an oil and gas development company, has chosen to have its American Depositary Receipts (ADRs) traded on the highest tier of the OTC market, OTCQX(R).

Austin Exploration Limited (ASX:AKK) - on behalf its wholly owned US subsidiary Aus-Tex Exploration Inc- provides the following update on drilling of the Krueger #1 well, the first well on the Company's Eagle Ford Shale project at the Birch Prospect in Burleson County, Texas, USA.

Austin Exploration Limited (ASX:AKK) - on behalf its wholly owned US subsidiary Aus-Tex Exploration Inc- provides the following update on drilling of the Krueger #1 well, the first well on the Company's Eagle Ford Shale project at the Birch Prospect in Burleson County, Texas, USA.

Austin Exploration Limited (ASX:AKK) - on behalf its wholly owned US subsidiary Aus-Tex Exploration Inc- provides the following update on drilling of the first well on the Company's Eagle Ford Shale project at the Birch Prospect in Burleson County, Texas. As previously advised, drilling of the Krueger #1 well by Coastal Rig #7 commenced last week as Austin's first well to be drilled on the Eagle Ford prospect in which Austin has a 93.5% interest.

Austin Exploration Limited (ASX:AKK) has appointed Casimir Capital LP to act as its Principal American Liaison for the Company's securities to trade on the OTC- QX International marketplace in the United States.

Austin Exploration Limited (ASX:AKK) - on behalf its wholly owned US subsidiary Aus-Tex Exploration Inc- is pleased to advise that drilling is underway on the Company's Eagle Ford Shale project at the Birch Prospect in Burleson County Texas.

Austin Exploration Limited (ASX:AKK) - on behalf its wholly owned US subsidiary Aus-Tex Exploration Inc- has announced that oil production from its Kentucky Joint Venture (Kentucky Exploration LLC) has risen dramatically since drilling began in July of this year.