Australia

Retained Optionality

PEL 112 in good standing until January 10, 2019, PEL 444 in good standing until January 11, 2021

• Recent Australian transaction with Perseville Investing Ltd. announced on September 28, 2016 increases W.I. to 51.5% allowing Claren to better control the pace of development

• Dually affords Claren the exibility to evaluate strategic alternatives to share its nancial and technical risks with potential partners on the exploration of these blocks proximal to key infrastructure


Claren Energy Corp

Email: info@clarenenergy.com

151 Yonge Street, 11th Floor,

Toronto, Ontario,

Canada M5C 2W7

Claren Energy Corp

Email: info@clarenenergy.com

151 Yonge Street, 11th Floor,

Toronto, Ontario,

Canada M5C 2W7

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