• The Byron Weiss-Adler No. 1 well is currently drilling ahead at a depth of 4,900ft MD
• The 16-inch casing string has been cemented in place at a depth of 4,040 ft MD

Byron Energy Limited advises that the Byron operated Weiss-Adler, et. al. No. 1 well (“Byron Weiss-Adler #1”) was drilled to a depth of 4,045 feet Measured Depth (“MD”) and the 16-inch casing was set and cemented in place. As of 3:30 pm US Central Daylight Time on Monday, 3rdSeptember 2018, the Byron Weiss-Adler #1 well is currently drilling ahead at 4,900 feet MD.

The Byron Weiss-Adler #1 exploration well is being drilled, using the Parker Drilling Company Rig #77-B, to a depth of 18,294 ft MD, 18,000 ft True Vertical Depth (“TVD”). The well is expected to take approximately 75 days to reach total depth.

Byron Energy Inc, a wholly owned subsidiary of the Company, is the operator of the Byron Weiss-Adler #1 well, has a 43% working interest and a 32.035% net revenue interest in the well.