ABN 50 009 126 238

ASX ANNOUNCEMENT

7 April 2016

Appointment of Deputy Executive Chairman

The Board of NuEnergy Gas Limited (ASX:NGY) ("NGY" or "the Company") is pleased to announce the appointment of Kee Yong Wah as Deputy Executive Chairman of NGY with effect from 7 April 2016.

Mr Kee was appointed as Non-Executive Director of NGY effective from 24 August 2014 and re-designated to Executive Director from 1 January 2015.

Mr Kee has more than 30 years' of experience in the oil and gas exploration, production and servicing industry. In 1984, he joined Halliburton, a global conventional and unconventional oil and gas servicing company where he held various managerial, business development, operational and manufacturing positions in Asia and the USA. His last appointment in Halliburton was General Manager of Business Development where he was responsible for leading a group of Business Development and Account Managers in undertaking strategic planning and business development projects including mergers and acquisitions for all business units in Haliburton and formulating distributorship and agency agreements with customers. Having left Halliburton, Mr Kee joined Smith International, Inc, a New York Stock Exchange listed company principally involved in the supply of products and services to the oil and gas exploration and production industry, petrochemical industry and other industrial markets as their General Manager of its China operations. Subsequently, Mr Kee served as the Vice President of SPT Energy Group Inc, a company listed on the Hong Kong Stock Exchange that is principally involved in the provision of oilfield services prior to joining NGY.

Mr Kee's place of employment will be in Jakarta.

ABOUT NUENERGY GAS

NuEnergy is an emerging ASX listed gas and ancillary power generation development company with an immediate focus on establishing unconventional gas production in Indonesia.

NuEnergy has a strategy to acquire, explore, appraise and develop Coal Bed Methane ("CBM") acreage in this region. It is listed on the Australian Securities Exchange (ASX: NGY) with offices in Sydney (Australia) and Jakarta (Indonesia).

The Company's overall strategy is to explore and establish commercial resources/reserves over its CBM projects, construct production facilities and commence production as soon as possible.

The Company is led by a team of experienced executives with a track record of successfully identifying and developing projects around the world. This team is complemented by the skills of our Indonesian partners to maximise the value of the company's coal bed methane opportunities.

Shareholder Enquiries NuEnergy Gas Limited Tel: (61) 2 9199 5522

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