Mako Energy Limited

Asian Activities Report for October 6, 2011 includes: Otis Energy Limited (ASX:OTE) is to drill its Avalanche oil and gas project in the USA; Mako Energy Limited (ASX:MKE) advises that the well MKE 102 HZ Provost 14-2-40-4 successfully reached its targeted total depth; Aura Energy Limited (ASX:AEE) has commenced drilling at its 100%-owned Motala shale gas project in south-central Sweden; Potash West NL (ASX:PWN) has commenced an extensive potassium extraction programme to test samples taken from its world class glauconite deposits in the Dandaragan Trough, Western Australia.

Mako Energy Limited (ASX:MKE) and its joint venture partners, Transerv Energy Limited (ASX:TSV) and Kilgore Oil & Gas Ltd. (ASX:KOG), have engaged Macquarie Capital as advisor with respect to the potential farmout or other disposition of all or a portion of their Duvernay and Rock Creek mineral rights (West Central Alberta, Canada).

Australian Market Report of December 24, 2010 includes: Drake Resources (ASX:DRK) today announced a placement of A$2.18 million; Discovery Metals Limited (ASX:DML) announced high grade results at the infill drilling; Planet Metals (ASX:PMQ) has signed a farm-in agreement with Drummond Gold Limited (ASX:DGO); Mako Energy Limited (ASX:MKE) successfully closed a placement of A$4.5M.

Mako Energy Limited (ASX:MKE) has today formally commenced trading on the Australian Securities Exchange (ASX). The Company recently completed a fully oversubscribed raising of A$4m priced at 20 cents per share. Mako will develop a portfolio of high quality assets and future prospects within the established Canadian oil and gas industry.