Company Spitfire Oil Limited London S.E.

Spitfire Oil Limited is a holding company. The Company is engaged in the production of fuel oil and distillate from the Salmon Gums Lignite deposits in Western Australia. Its Salmon Gums Lignite Deposit is located in Western Australia near Salmon Gums, approximately 600 kilometers south east of Perth, over 250 kilometers south of Kalgoorlie and the surrounding Goldfields region, and approximately 100 kilometers north of the deep water port at Esperance. The Company holds a retention license over the Salmon Gums Lignite Deposit. Spitfire Oil Pty Ltd is the subsidiary of the Company.