Posting of Annual Report

Spitfire Oil Limited (“the Company”) announces that the annual report and accounts for the year ended 30th June 2015 has been posted to shareholders.

Copies of the annual report are available on the Company’s website wwww.spitfireoil.com and by request to the Company at 60 St James’s Street, London SW1A 1LE, United Kingdom

Preliminary Results

Spitfire Oil Limited (“the Company”) and its wholly owned subsidiary, Spitfire Oil Pty Ltd (“Spitfire”), together (“the Group”), recorded a loss before tax for the year ended 30th June 2015 of A$596,094 (2014 A$4,538,212), after providing $288,217 (2014: $4,249,592) for diminution in value of the Salmon Gums tenements. The Group benefited from interest received of A$144,291 (2014 A$143,897). Operating costs of  A$452,168 (2014 A$432,517) were incurred. In addition, A$288,217 (2014 A$194,039) was incurred and capitalised on licence fees and tenement management.

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Interim Statement For The Six Months Ended 31st December 2014

Spitfire Oil Limited (“Spitfire” or “the Company”) is pleased to publish a copy of its condensed consolidated unaudited interim results for the six months ended the 31st December 2014.

Spitfire and its subsidiaries (together “the Group”) recorded a loss before tax for the six months ended the 31st December 2014 of A$183,983 (2013: A$116,964). With cash balances of A$4.7m, the Group has benefited from interest receipts of A$44,272 (2013 A$84,782) in the period. Operating costs were A$220,719 (2013 A$201,746).

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Annual General Meeting

The Board of Spitfire Oil Ltd (“the Company”) is pleased to announce that all the resolutions put to the shareholders of the Company at the Annual General Meeting held today were duly passed.

Annual General Meeting

Notice of the Annual General Meeting of Spitfire Oil Limited (“the Company”) has been sent to shareholders and is available on the Company’s web site on www.spitfireoil.com.