Singapore (Head Office)

T+65 6508 9840 F+65 6294 6904

152 Beach Road, #19-03/04 The Gateway East

Singapore 189721

Brisbane (Registered Office)

T+61 7 3149 2100 F+61 7 3149 2101

Level 9, Waterfront Place, 1 Eagle Street,

Brisbane Qld 4000, Australia

GPO Box 3120, Brisbane Qld 4001,

dartgas.com ASX CODE DTE ABN 21 122 588 505

4 February 2014 Completion of UK Farm-Out with Total E&P UK Ltd

Dart Energy (ASX:DTE) is pleased to announce that the Farm-out Agreement with Total E&P UK Limited ("Total UK") in respect of UK Onshore Petroleum Exploration and Development Licences PEDL139 and PEDL140 has completed. Consequent on completion, Dart Energy now holds a 17.5% interest in both licences, and will receive US$1 million in cash consideration.
Work has now commenced on seismic acquisition and planning, which will be necessary for drilling of shale exploration wells on these licences in due course.
The interests in PEDL139/140 are:

Total E&P UK Limited :

40.0%

GP Energy Limited (a subsidiary of Dart Energy) :

17.5%

Egdon Resources U.K. Limited :

14.5%

Island Gas Limited (the Operator) :

14.5%

eCORP Oil & Gas UK Limited :

13.5%

ENDS

For and on behalf of the Board
Paul Marshall, Company Secretary

For further information contact:

John McGoldrick

Chief Executive Officer

Tel:

+65 6508 9844

Eytan Uliel

Chief Financial Officer

Tel:

+44 7500 534466

Media enquiries contact:
Peter Reilly Vigo Communications Tel: +44 207 016 9571

OARTENERGY

Singapore (Head Office)

T+65 6508 9840 F+65 6294 6904

152 Beach Road,#19-03/04 The Gateway East

Singapore 189721

Brisbane (Registered Office)

T+617 3149 2100 F+617 3149 2101

Level9,Waterfront Piace, Eagle Street, Brisbane Qld 4000,Australia

GPO Box3120,Brisbane Qld 4001,

dartgas.com ASX CODE DTE ABN 21122 588 505


APPENDIX A: BOWLAND BASIN SHALE MAP

legend:

Licence Blocks:

IOl'J PEOL139 & PEOL140

c::J Dart Energy / GDF SUEZ Lkences D

C]Dar Enrgy UçençI(Jç'll,

C]Othe1Ucen<:e Areas

Towns & Cities

OARTENERGY
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