June 5, 2015

Comtrack's fully owned subsidiary Comtrack (UK) Ltd has acquired a 35% interest in two contiguous licences in the Morecombe Bay area, offshore, west of the UK in the East Irish Sea, where the licence holders are planning to introduce a partner to drill an appraisal well on the already identified Castletown gas field. Comtrack (UK) Ltd acquired through farm-in its 35% interest in 28th Licencing Round awarded block 113/28b (P2255), and also farmed in for a 35% interest in 27th Licence Round awarded block 113/27d ( P2076). The administrator of these licences is Burgate Exploration & Production Ltd with 30% and the other partner is Simwell Resources Ltd.