ASX Announcement

Date: 25 January 2013

Texon Petroleum Ltd ABN 24 119 737 772

Level 9, 46 Edward Street

Brisbane, Qld Australia 4000

Postal: GPO Box 402

Brisbane, Qld Australia 4001

Telephone: +61 7 3211 1122

Fax: +61 7 3211 0133

Directors: John Armstrong Bernard Rowley David Mason Company Secretary:

Des Olling

Contact: Clifford Foss President & CEO cfoss@texozep.com

or

John Armstrong Chairman john.armstrong@texonpetroleum.com.au

Website:

www.texonpetroleum.com.au

ASX Code: TXN


DEMERGER AND ACQUISITION SCHEME PROPOSALS

DESPATCH OF SCHEME DOCUMENTS COMPLETE

Texon Petroleum Ltd (ASX:TXN, Texon) advises that the Demerger Scheme Booklet, Acquisition Scheme Booklet and accompanying proxy forms which were released to ASX on Tuesday, 22 January 2013 have now been mailed to Texon shareholders.
Texon shareholders with any questions in relation to the proposals described in the Scheme Booklets are encouraged to contact the Texon Shareholder Information Line on 1300 378
879 (within Australia) or +61 3 9415 4012 (outside Australia) Monday to Friday between 8.30am and 5.00pm (Brisbane time).
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