Linc Energy Limited

Linc Energy Limited (ASX:LNC) (PINK:LNCGY) wishes to advise that its wholly owned subsidiary, Linc Gulf Coast Petroleum Inc., has terminated the contract (previously announced on 6 June 2011) to acquire oil field assets in Texas and Louisiana from ERG Resources LLC.

Linc Energy Limited (ASX:LNC) (PINK:LNCGY) is pleased to announce that its wholly-owned subsidiary, Linc Energy (Alaska) Inc., has finalised today the purchase of Renaissance LLC, which holds an 84.5% interest in Renaissance Umiat LLC. Renaissance Umiat LLC holds a 100% working interest in the Umiat oil field and an 80% net revenue interest in the project. The purchase was previously announced on 16 June 2011.

Linc Energy Limited (ASX:LNC) (PINK:LNCGY) said today that the Governor of Alaska, Sean Parnell, supported the acquisition by Linc Energy Ltd through its wholly-owned subsidiary, Linc Energy (Alaska) Inc., of a controlling interest in the One Billion Barrel (OOIP) Umiat oil field, which is located in the National Petroleum Reserve, Alaska (NPRA).

Linc Energy Limited (ASX:LNC) (PINK:LNCGY) is pleased to announce that its wholly-owned subsidiary, Linc Energy (Alaska) Inc., has acquired a controlling interest in the Umiat oil field, which is located in the National Petroleum Reserve, Alaska (NPRA), approximately 140 miles southwest of Prudhoe Bay and approximately 80 miles west of the Trans-Alaska Pipeline System.

Linc Energy Limited (ASX:LNC) (PINK:LNCGY) is pleased to announce that it has spudded its first oil well, Haystack 1, in the Arckaringa Basin, South Australia as part of its extensive 10 well oil exploration program in the region.

Linc Energy Limited (ASX:LNC) (PINK:LNCGY) is pleased to announce that its wholly-owned subsidiary, Linc Gulf Coast Petroleum Inc., has acquired 14 producing oil fields (consisting of 156 leases covering approximately 13,400 acres) from ERG Resources LLC., for a price of US$236 million. The acquisition secures immediate oil production of approximately 3,300 barrels per day, and a significant CO2 enhanced oil recovery opportunity.

Linc Energy Limited (ASX:LNC) (PINK:LNCGY) wishes to respond to a report appearing in today's Dow Jones Newswires in relation to the potential sale of its Teresa coal asset.

Linc Energy Limited (ASX:LNC) (PINK:LNCGY) has completed its first objective in the exploration program of the Point Mackenzie Block, Cook Inlet Basin by drilling and testing the LEA#1 wildcat well. This block of petroleum leases was acquired from GeoPetro Resources (AMEX:GPR) in March 2010 along with the Trading Bay Block acreage. A condition of the acquisition included drilling to test a geologic structure identified by GeoPetro from reprocessed seismic data upon the LEA#1 site.

Sino Gas & Energy Holdings Limited (ASX:SEH), an Australian company developing unconventional gas assets within the Ordos Basin, Shanxi Province China, is pleased to advise that it has signed an agreement to raise up to A$29.4 million in new funds from SpringTree Special Opportunities Fund, LP, a New York-based institutional investor, over the next two years.

Linc Energy Limited (ASX:LNC) (PINK:LNCGY) is pleased to announce that the company, through its wholly owned subsidiary, SAPEX Limited, has been successful in bids for two new exploration licences in South Australia's Cooper Basin.