89220101-836d-4e91-8846-03906c232ec3.pdf ASX: PYM OTCQX:POGLY Annual General Meeting Presentation

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18 May 2016 Disclaimer, Forward Looking Statements and Competent Person Statement

This presentation has been prepared by Pryme Energy Limited (the "Company" or "Pryme"). This presentation is being provided to investors for the sole purpose of providing preliminary background corporate, financial and other information to enable recipients to review the business activities of the Company. It is not intended as an offer, invitation, solicitation or recommendation with respect to the purchase or sale of any securities in the Company.

The information presented in this presentation may contain predictions, estimates and other forward-looking statements. Although the company believes that its expectations are based on reasonable assumptions, it can give no assurance that its goals will be achieved. Important factors that could cause actual results to differ materially from those included in the forward-looking statements include the timing and extent of changes in commodity prices for oil and gas, the need to develop and replace reserves, environmental risks, drilling and operating risks, risks related to exploration and development, uncertainties about the estimates of reserves, competition, government regulation and the ability of the company to meet its stated business goals.

Prospective investors should make their own independent evaluation of an investment in the Company or seek advice from their financial adviser, accountant, lawyer, stockbroker or other professional adviser. Nothing in this presentation should be construed as financial product advice, whether personal or general, for the purposes of Section 766B of the Corporations Act, or otherwise. This presentation does not amount to, involve or imply a recommendation or a statement of opinion in respect of whether to buy, sell or hold a financial product.

The Reserves were determined by Pinnacle Energy Services LLC (Pinnacle), Registered Engineers in the state of Oklahoma for the Newkirk Project in accordance with the Society of Petroleum Engineers, 2007 Petroleum Resources Management System.

Corporate Summary

Shareholder Summary - Top

Geoff Barnes

8.6%

Lowell Resources Fund

6.6%

Wheelbarrow Investments

4.9%

Buderim Panorama

3.9%

Stephen Mitchell

3.6%

Total

27.6%

Top 20 Holders

49.8%

Number of Shareholders

1,413

ASX listed Energy focused

Board & Management

Stephen Mitchell Chairman

Don Beard Non-Executive Director

Ray Shorrocks Non-Executive Director

Glenn Wormald Geoscience Advisor

2015 Summary

Loss of $10.6m

Acquisition of additional Newkirk acreage

Reserve Certification at Newkirk

Third and fourth Capitola wells brought online

Board and management changes

Capital Structure

Cash: $5.0m (31 March 15)

Share Price: $0.006 Issued Cap: 1,007.4m Shares

Market Cap: $6M (at $0.006)

Debt: $0

ASX Code: PYM

Share Price Performance Poor share price price performance reflects poor project selection & challenging market conditions

PYM vs ASX Energy 300 ‐ 5 year

120

100

ASX Energy 300

80

60

Pryme share price

40

20

0

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Pryme Energy Limited published this content on 18 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 18 May 2016 01:02:01 UTC.

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