Fortbridge Media Release

New Guinea Energy Ltd. [ASX: NGE] - Western Drilling Limited Secures Contract

New Guinea Energy Ltd (ASX: NGE) is pleased to announce that its 50% joint venture with Maps Tuna Limited, Western Drilling Limited (WDL), has signed a contract with Interoil Corporation (IOC) for the use of WDL�s SL 7 Heli Rig and camp (Rig) within Papua New Guinea (PNG).

WDL has agreed terms for a single well that would see the Rig undertake operations for approximately 150 days, with an option for a second well that could extend the contract by another 150 days.

Mobilisation of the Rig is planned for late 2nd quarter of 2014.

To view the full announcement please refer to the attachment.

For further information please contact:

Lucy Rowe
Company Secretary
+61 2 9252 0010

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