Midmar Energy sells subsidiary

FOR IMMEDIATE RELEASE

1st October 2009

MIDMAR ENERGY Limited sells subsidiary to Key Petroleum plc.

Midmar Energy Limited (“Midmar”), the UK-based exploration and production company active in the UK and Iraq, today announces that it has concluded the sale of Midmar Energy Onshore Limited (“MEOL”) to Key Petroleum plc (ASX: KEY), the West Perth based exploration and production company.

Full press release here.