Fremont Petroleum Corporation Ltd reports that it has agreed to acquire a highly prospective oil & gas field covering 5,990 acres that is contiguous to its existing Pathfinder Property in Fremont County, Colorado.

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Mining exploration entity and oil and gas exploration entity quarterly report

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For the period ended 30 September 2019

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Notice is given that the Meeting will be held at 12:00 pm Sydney Time on 29 November 2019 in Sydney NSW 2000.

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Fremont Petroleum Corporation Ltd is pleased to report that multiple high value oil reservoir targets have been identified from the recently completed 3D seismic program at the 100%-controlled 21,500 acre Pathfinder Field in Colorado.

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Fremont Petroleum Corporation Ltd (ASX: FPL) (“Fremont” or “the Company”)is pleased to report that the Amerigo Vespucci #1 well recorded a 24-hourInitial Production (IP) test rate of 82 barrels of oil per day and 900MMcf/day, being273BOE/day.

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Fremont Petroleum Corporation Ltd (ASX:FPL) (“Fremont” or “the Company”)is pleased to advise that the Company has secured a firm commitment for a A$6million dollar facility to fund the ongoing development of its 21,500 acre Pathfinder field in Colorado.

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Key to Disclosures: Corporate Governance Council Principles and Recommendations

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Annual Report and Financial Statement for the year ended 30 June 2019

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Fremont Petroleum Corporation Ltd (ASX: FPL) (“Fremont” or “the Company”) is pleased to advise that flow-back operations are proceeding to plan on the Amerigo Vespucci #1 well and first hydrocarbon shows have been evidenced over the weekend.

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