GASFIELDS LIMITED

Gasfields Limited, formerly Raven Energy Limited (REL), is a energy and gas resources exploration and development company. The companies Tulainyo project is well placed for a commercial development, with proximity to gas markets and infrastructure, and moderate onshore California development costs. The Tulainyo Gas Discovery structure is a anticline with up to 91km of closure. The Company's 60% owned subsidiary, Gas Fields, is earning up to 33.33% in the Tulainyo Gas Project via a joint venture with the operator, California Resources Production Corporation. Tulainyo 2-7 well was drilled to the planned total depth of 5,710 feet. Post well analysis indicates multiple stacked sandstone units, varying in thickness and quality, that are all gas saturated.

Former Names Ormil Energy Limited (OMX), 08/11/2012. Golden Tiger Mining NL (GTX) 13/08/2010; Magnum Gas & Power Limited (MPE), 29/12/2017

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