ASX ANNOUNCEMENT


13 August 2013

Company Announcements Office

ASX Limited

Level 8, Exchange Plaza

2 The Esplanade

PERTH WA 6000

Completion of Entitlements Issue and Placement of Shortfall

Further to the announcement of 6 August 2013, Elixir Petroleum Limited (ASX: EXR) is pleased to advise that it has successfully placed the shortfall from its fully underwritten non- renounceable entitlements issue (Entitlements Issue). Following the completion of the entitlements issue the Company has 431,278,356 shares on issue.
The Directors of Elixir are pleased to have received the support of shareholders for the fundraising despite continuing difficult equity market conditions. The Company looks forward to generating enhanced shareholder value by using the funds raised to progress its activities, most notably the Moselle Permit in France.
The Company wishes to thank the underwriters of the Entitlements Issue, and in particular New
Standard Energy Limited (ASX:NSE), for their continued support.

Yours sincerely,

ELIXIR PETROLEUM LIMITED

Nicholas Ong

Company Secretary

For further information on Elixir Petroleum, please visit the Company's website at www.elixirpetroleum.com

ASX CODE: EXR www.elixirpetroleum.com

Elixir Petroleum Limited

ABN 51 108 230 995

Level 1, 89 St George's Terrace

PERTH WA 6000, AUSTRALIA

T: +61 8 9226 2111 F: +61 8 9226 2099 E: info@elixirpetroleum.com

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