TEXON PETROLEUM LIMITED 
By ASX Announcement
Date: 10 January 2013
Texon Petroleum Ltd
ABN 24 119 737 772Level 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.comor:
John Armstrong Chairman john.armstrong@texonpetroleum.com.au
Website:www.texonpetroleum.com.au
ASX Code: TXNChange in Directors Interests
The attached appendix 3Y notice discloses that Mr David Mason, Director has transferred 6,980,000 shares to his former wife as part of a property settlement.
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Appendix 3Y Change of Director's Interest NoticeRule 3.19A.2
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.
Introduced 30/09/01 Amended 01/01/11
We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.
Name of Director | David James Melville Mason |
Date of last notice | 25 September 2012 |
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of
"notifiable interest of a director" should be disclosed in this part.
Direct or indirect interest | Direct |
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest. | Mr Mason's children hold 21,228 fully paid shares. |
Date of change | 8 January 2013 |
No. of securities held prior to change | 15,180,000 fully paid ordinary shares |
Class | fully paid ordinary shares |
Number acquired | nil |
Number disposed | 6,980,000 |
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation | Nil consideration. Divorce decree. |
No. of securities held after change | 8,200,000 fully paid ordinary shares |
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back | Off-market transfer |
Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.
Detail of contract | David Mason is a shareholder of Wandoo Energy LLC (Wandoo). Wandoo is party to a Prospect Generation Agreement with Texoz E&P III, Inc and John Armstrong. Under the terms of the Third Deed of Variation amending the Prospect Generation Agreement dated 31 May 2012, Wandoo or its nominee is to be issued 3 million options (the terms of which are set out in the Notice of Meeting dated 31 July 2012). David Mason has been issued 2.25 million of the options at the direction of Wandoo. |
Nature of interest | Direct legal and beneficial interest. |
Name of registered holder (if issued securities) | David James Melville Mason |
Date of change | 21 September 2012 |
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed | nil |
Interest acquired | 2,250,000 unlisted options in the shares of Texon Petroleum Ltd |
Interest disposed | |
Value/Consideration Note: If consideration is non- cash, provide details and an estimated valuation | nil |
Petroleum Ltd
Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required? | No |
If so, was prior written clearance provided to allow the trade to proceed during this period? | Not Applicable |
If prior written clearance was provided, on what date was this provided? | Not Applicable |
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