September 3, 2015

Comtrack’s fully owned subsidiary Comtrack (UK) Ltd has acquired through a farm-in, a 25% interest in UK 28th Licencing Round licence P2263 from Margin Oil & Gas (UK) Ltd. The licence covers blocks 41/20, 41/15 and 42/16 in the UK Southern Gas Basin. Margin will retain 25% of the licence and continue as Licence Administrator for the remaining duration of the initial two year period of the license which expires in December 2016. It is expected that the license will be extended by a further two years to end of 2018 before a decision to drill is undertaken. The transaction has been approved by the UK authorities (the OGA, Oil and Gas Authority).