ASX RELEASES 5 September 2007 Molopo Finalises $33.25M Placement at $0.25 per Share 23rd August 2007 Molopo Discovers More Gas "Blowers" in South Africa and Considers Early Development Options 27 July 2007 Notice of General Meeting & Explanatory Memorandum 24th July 2007 Agreement Signed To Double Molopo’s Share of QLD CBM Assets 23rd July 2007 Molopo to Accelerate Gas Developments with Heavily Oversubscribed Placement 13 July 2007 Appendix 3B  12th July 2007 Molopo commences Exploration in South Africa 27th June 2007 Drilling Starts on Second Gloucester Basin Exploration Hole 26th June 2007 Gloucester JV Completes First Cored Exploration Hole in Southern Gloucester Basin June 15 2007 Appendix 3B  New issue announcement, application for quotation of additional securities and agreement Appendix 3B New issue announcement, application for quotation of additional securities and agreement 29th May 2007 Updated Gas Recovery Estimate in Liu Lin, China Project 9th May 2007 Molopo in South African Gas Expansion   30 April 2007 Expiry of Options 23 April 2007 Drilling Starts in Next Phase of Gloucester Basin Appraisal Programme Appendix 3B April 2007 New issue announcement, application for quotation of additional securities and agreement 19 April 2007 Update on China Project 11 April 2007 Molopo Completes Acquisition of BHP CBM Team 8 March 2007 Molopo Gloucester Basin Pilot Appraisal and Exploration Programme 14 February 2007 Molopo Further Strengthens Cbm Team 5th February 2007 Molopo to Test Gas Shows at U.S. Shallow Conventional Gas Project 25 January 2007 Molopo Commences Drilling on U.S. Shallow Conventional Gas Project 23 January 2007 Drilling Commences At Liulin Cbm Project In China 14 January 2007 Molopo Completes Placement 5 Sep 2007 Molopo Finalises $33.25M Placement at $0.25 per Share Molopo Australia Limited is pleased to announce that, following approval by shareholders last Friday 31 August, authorising the placement of 133 million ordinary shares to sophisticated and professional investors at an issue price of 25 cents per share ("Placement"), the Placement has been finalised, with $33.25million received today.  The proceeds of the Placement will be used by Molopo to accelerate its development and production plans while also enhancing its existing exploration and appraisal programmes. Over the forthcoming 12-18 months, the funds will be used specifically to support the following: a) Further development of the Mungi Gas Field once the existing sole risk well programme is successfully completed; b) Finance the $6million cash portion of the acquisition of Helm’s share of the Queensland coalbed methane assets. The non-cash consideration of this transaction, involving a placement of 30 million ordinary shares to the vendors, was approved at last Friday's general meeting. The acquisition is now unconditional, with Completion scheduled to occur later this week; c) Funding major work programmes aimed at securing reserves certification in both the Gloucester and China Liu Lin projects as a precursor to development commitment; d) Expanding its exploration programme in South Africa (where Molopo recently increased its interest to 100%) and investigating the potential to move to earlier production capture from this new area; and e) Additional working capital for the Company. Stockbrokers involved in the Placement were E.L. & C. Baillieu Stockbroking Ltd (“Baillieu”) and Wilson HTM Corporate Finance Limited, with Baillieu in the role of Manager.  Issued by:                                                                            Molopo Australia Limited For further information contact:   Stephen Mitchell MD 03 9618-8722 Ric Sotelo CFO    03 9618-8722 Top 23rd August 2007 Molopo Discovers More Gas "Blowers" in South Africa and Considers Early Development Options Molopo’s initial three month exploration and appraisal work programme in the newly awarded South African Exploration Rights have yielded very encouraging results with over 70 gas emitting boreholes identified. Given the highly encouraging results, the programme emphasis is now shifting from exploration to the monitoring of gas production rates from flowing wells, with the aim of establishing gas reserves. Preliminary work on connecting the largest of the gas blowers to establish an early cash flow has commenced. Recent field work has uncovered 71 mineral boreholes emitting gas (some at high rates – many at low rates), bringing the total number of gas emitting boreholes to 21 in the Free State project and 50 at the Evander Project. In some areas, clusters of these gas-emitting boreholes appear to be geologically controlled. In the Free State, a soilgas geochemistry survey comprising approximately 2,000 samples to date has delineated anomalies which correspond closely to known gas flows, as well as to geological structure. Magnetometer traverses across these anomalies are confirming fracture zones and associated igneous intrusions that are thought to control gas migration. In the light of gas flow rates already measured in the Free State (approximately 1,500,000 cf/d from six of the larger gas emitters), and the additional gas emitters recently discovered, discussions have commenced with several South African companies with respect to purchasing existing gas production. Possible uses of the gas from the Free State include industrial use in nearby towns, provision of compressed natural gas (CNG) to local transport companies, small scale LNG or liquid fuels generation and gas-fired electric power. At the Evander Project, many of the boreholes emit small volumes of gas bubbling up through water. Further investigations will consider unloading this water to assess if it is possible to increase gas volumes from such wells. Soilgas and magnetometer work scheduled for Evander in September is expected to shed more light on the dimensions of the prospective areas. A large gas import pipeline passes through the Evander project area. Following completion of the Phase 1 work programme in November, Molopo proposes to fast-track its remaining exploration commitments and firm up drillable prospects to supplement existing gas production. At that stage the Company intends to apply to PASA for the requisite production licence. These projects may qualify for carbon credits, which could add significant value. Molopo proposes to capture and utilise gas that is presently venting carbon to the atmosphere and, furthermore, could use clean-burning gas and its products to replace carbon-intensive fuels such as coal. Issued by:                                                                            Molopo Australia Limited For further information contact:                                    Stephen Mitchell MD 03 9618-8722 Ric Sotelo CFO    03 9618-8722 Top 24th July 2007 Agreement Signed To Double Molopo’s Share of QLD CBM Assets Molopo Australia Limited wishes to announce that, following the signing of a Heads of Agreement with Helm Energy-Australia, LLC (“Helm”) to acquire its Queensland coalbed methane (“CBM”) interests (as previously announced by the Company on 29th June 2007), a Purchase and Sale Agreement  has now been executed. Molopo will boost its interest from 25% to 50% in the Bowen Basin CBM assets, including the Mungi Gas Field, as well as the Harcourt, Bindaree, Timmy, Lilyvale, Oak Park and Sirius Prospects. On completion, the acquisition will make Molopo the largest participant in the joint venture at 50%, with subsidiaries of Anglo (25.5%) and Mitsui (24.5%) being the remaining partners. Molopo will acquire 100% of the shares in Helm Energy-Australia, LLC (“HEA”), which in turn holds the Queensland CBM interests in PL94 (northern sublease), ATP564P/PLA210 and ATP602P. Along with the interest in the tenements, Molopo will also be acquiring Helm’s share of production from the Mungi Gas Field, an additional 50% interest in the Mungi compressor and spur pipeline, and will assume Helm’s interest in all gas contracts associated with the projects. Acquiring the company may also provide Molopo with access to the tax losses within HEA. The total consideration payable to Helm under the PSA is $6.0 million in cash and 30 million fully paid ordinary shares. The transaction is conditional upon, among other things, Molopo shareholder approval. A general meeting is expected to be called shortly, to be held in late August where shareholder approval will also be sought for the recently completed share placement, as announced by the Company on 23rd July 2007. The purchase of HEA is not subject to any form of pre-emptive rights by the partners in the Queensland joint venture. Molopo’s Managing Director, Mr. Stephen Mitchell, said “The acquisition of the Helm interests will give Molopo a substantial interest in this core project area.  Combined with a strong cash position (approximately $42m expected by late August) assuming approval is granted by shareholders for the acquisition of HEA and the recent placement, Molopo is now ideally positioned to benefit from development and appraisal activities in the region as well as increased gas reserves, cash flow and leverage in the Queensland gas markets.” Drilling of new development wells at Mungi is expected to commence within weeks. Via the acquisition, Molopo will increase its current share of independently certified Proven and Probable reserves in Queensland to 166petajoules. Further reserves revisions to the Queensland Assets are expected during this year, following the completion of an internal review, the upcoming development drilling and additional reviews by independent certifiers. Issued by:    Molopo Australia Ltd For further information contact: Stephen Mitchell MD         03 9618-8722 Ric Sotelo CFO       03 9618-8722 Top 23rd July 2007 Molopo to Accelerate Gas Developments with Heavily Oversubscribed Placement Molopo Australia Limited is pleased to announce the completion of a $33.25 million share placement (“Placement”) to sophisticated and professional investors, involving the issue of 133 million ordinary shares in the capital of the Company at an issue price of $0.25 per share. The proceeds of the Placement will be used by Molopo to accelerate its development and production plans while also enhancing its existing exploration and appraisal programmes. Over the forthcoming 12-18 months, the funds will be used to specifically support the following: a) Further development of the Mungi Gas Field once the existing sole risk well programme is successfully completed; b) Finance the acquisition of Helm’s share of the Queensland coalbed methane assets, subject to Completion.  With the Helm acquisition Molopo’s share of the Queensland CBM assets will stand at 50%; c) Funding major work programmes aimed at securing reserves certification in both the Gloucester and China Liu Lin projects as a precursor to development commitment; d) Expanding its exploration programme in South Africa (where Molopo recently increased its interest to 100%) and investigating the potential to move to earlier production capture from this new area; e) Additional working capital for the Company. Stockbrokers involved in the Placement were E.L. & C. Baillieu Stockbroking Ltd (“Baillieu”) and Wilson HTM Corporate Finance Limited, with Baillieu in the role of Manager.    Under the terms of the Placement agreement, all participating investors have a firm obligation to purchase a total of 133 million new ordinary shares at the issue price of $0.25 per share, subject to approval by Molopo’s shareholders at a General Meeting. The Placement shares will be issued to subscribers shortly after shareholder approval has been granted. Timing for the General Meeting is on or before 31st August 2007, with further details on this expected to be announced shortly.  Issued by: Molopo Australia Ltd For further information contact: Stephen Mitchell MD         03 9618-8722 Ric Sotelo CFO       03 9618-8722 Top 12th July 2007 Molopo commences Exploration in South Africa Molopo’s wholly owned subsidiary, Highland Exploration & Production Pty Ltd (Highland), has commenced the work programme in South Africa following award in May 2007 of the petroleum exploration rights. The current field programme includes the identification of additional boreholes that are currently, or have in the past, emitted gas in the Free State and Mpumalanga lease areas held by Molopo. Molopo has already identified six gas emitting mineral exploration boreholes that are collectively flowing at over 1,500,000 cubic feet of gas per day. These boreholes have been flowing for several decades. Many abandoned bores that originally flowed gas but were capped because of perceived risk are now being located by the Company beneath a cover of soil or vegetation. Where conditions permit, some of the more prolific gas producers may be reopened. The programme also involves an extensive soil geochemistry survey to identify gas microseepages in the Free State lease area. This work commenced in late June 2007 and initial results confirm strong methane anomalies corresponding to suspected gas-prone trends. In parallel with this survey, magnetometer traverses are being conducted across crustal fracture zones. These linear zones appear to be conduits for gas migration, and therefore potential exploration targets for follow-up drilling. Molopo’s leases overlie Witwatersrand strata of the Free State Gold Field where underground gas emissions approximately one thousand metres below surface are an ongoing mine hazard. This underground gas has been analysed in detail, and shows unique isotopic composition. Results of the regional surveys currently underway coupled with the gas analyses will assist Molopo in designing a drilling programme to develop this gas resource. Potential gas markets and utilization options are being reviewed concurrently. Molopo recently announced that it had increased its interest in the 250,000 hectares (625,000 acres or 2,500 sq km) of Exploration Rights to 100% after their initial award in May. The exploration acreage comprises two areas, the Free State with 500,000 acres and Mpumalanga with 125,000 acres. Issued by: Molopo Australia Ltd For further information contact: Stephen Mitchell MD         03 9618-8722 Ric Sotelo  CFO      03 9618-8722 Top 27th June 2007 Drilling Starts on Second Gloucester Basin Exploration Hole Drilling has commenced in Craven 01, the second of four part-cored coal bed methane (CBM) exploration holes, planned as part of13 holes in the expanded Phase II Gloucester Basin appraisal programme. Craven 01 spudded recently to assess the coal bed methane (“CBM”) potential in the central portion of the Gloucester Basin in PEL 285. The current progress depth is 200m, with a proposed total depth of 900m. The hole is designed to test the depth, thickness, coal and gas characteristics of the coal seams in the Gloucester Coal Measures. The hole has been located to test the coal seams in the upper portion of the Craven Subgroup, then proceed to the underlying Avon Subgroup. Craven 1 is located downdip and approximately 5 km to the southwest of the Stratford Prospect, where this sequence was intersected by nine previous CBM cored holes drilled from 1993 to 1997. The Stratford Prospect has an estimated gas-in-place resource of 90PJ within 5 square kilometres. The Gloucester Basin permit is located approximately 100km north of Newcastle, where gas prices could exceed other major east coast markets such as Sydney and Brisbane. The permit covers an area of 1,050 square kilometres, with over 200 square kilometres of prospective coal measure sequence. Molopo has a 30% interest in the permit. Its joint venture partner in the Gloucester project is Lucas Energy Pty Ltd (70%), which is also the project’s Operator. Issued by: Molopo Australia Ltd For further information contact: Stephen Mitchell MD 03 9618-8722 Ric Sotelo CFO 03 9618-8722 Top 26th June 2007 Gloucester JV Completes First Cored Exploration Hole in Southern Gloucester Basin Drilling has been completed in Weismantel 1, the first of 4 part cored coal bed methane (CBM) exploration holes, planned as part of13 holes in the expanded Phase II Gloucester Basin appraisal programme.  Drilling in Weismantel 1 was to a total depth of approximately 703m. Drilling was suspended short of the proposed 730m target depth due to deteriorating hole conditions caused by collapse of a thick, fractured coal seam intersected from 697m to 701m. The hole intersected coal seams in the Late Permian Dewrang Group, equivalent to the Weismantel and Clareval coal seams in the depth interval 432m to 701m. These coal seams are up to 12m thick and occur at shallower depths in the southern portion of the Gloucester Basin, and the Gloucester JV proposes further drilling in this area.  Weismantel 1 is the first dedicated CBM exploration hole to test the CBM potential of these coal seams in the Southern part of the permit area. The sequence drilled underlies the highly prospective Gloucester Coal measures to the north. Preliminary core analysis indicates a gross coal thickness of approximately 10.8m in several coal seam splits, with 3 coal seams greater than 2m thick in this hole. The partially penetrated coal seam at the base of the hole had a thickness of at least 4.0m. On visual inspection, the seams contain predominately bright, vitrinite rich, highly cleated and fractured coal with little cleat mineralisation. Coal core and gas sample testing is in progress, with early gas content results showing these coals are gassy. On the basis of the above intersected coal thickness and preliminary gas content results, the CBM potential of this coal seam sequence is very encouraging. The hole will be capped and suspended pending a decision on further well deepening and in-hole testing requirements.  Subject to results from the initial four exploration holes, the Phase II programme will involve appraisal expenditure of approximately $13million to $15million over the next 18 months,  based on a total of 13 exploration holes, 3  separate production pilots of possibly 5 wells each, additional aeromagnetic work and seismic. The Gloucester Basin permit is located approximately 100km north of Newcastle, where gas prices could exceed other major east coast markets such as Sydney and Brisbane. The permit covers an area of 1,050km2, with over 200km2 of prospective coal measure sequence. Molopo’s joint venture partner in the Gloucester Basin project is Lucas Energy Pty Limited (70%), which is also the project’s operator. Molopo’s interest in this Permit is 30%. Issued by:                                                                            Molopo Australia Ltd For further information contact:                                    Stephen Mitchell MD      03 9618-8722 Ric Sotelo CFO    03 9618-872 Top 29th May 2007 Updated Gas Recovery Estimate in Liu Lin, China Project Further to Fortune Oil PLC’s previously announced volumetric update (29th January 2007), Molopo has completed its internal review of the recent Shanxi Coal Bureau study of the Liulin CBM Block and recent exploration well results.  As a consequence, Molopo has increased its most likely Gas in Place (GIP) estimate to 1.2 trillion standard cubic feet (Tscf) from its previous estimate of 0.7-0.8Tscf.  Recovery expectations for the block have now trebled.  Vertical fracced well development methods would have been expected to only recover some 30% to 40% of the previous GIP or approximately 0.2-0.3Tscf.  Horizontal well-based development methods already employed by Molopo and other operators in Australia and now being introduced to China, can be expected to recover some 50% to 70% of the GIP or approximately 0.6-0.9Tscf, which is triple previous Molopo expectations. China represents a significant development opportunity for Molopo given the higher gas prices obtained for onshore production and the significantly increasing demand for gas and other energy sources. Gas prices in China are currently 50% to 75% higher than Australia, and are expected to continue to increase in coming years. Fortune Oil and Molopo recently finalised the transaction for the Liu Lin Project. Molopo’s share of the area after the CUCBM back-in rights will be 20%, equating to a most likely resource potential of approximately 150 billion standard cubic feet. Current activities are focused on further delineation of the block and securing reserves certification from the PRC authorities before March 2008 and subsequent development commitment. Currently two vertical wells are on test in their dewatering stage, and a further three exploration core holes are being planned along with consideration of a horizontal pilot programme. Issued by:                                                                                        Molopo Australia Ltd For further information contact: Ric Sotelo CFO 03 9618 8722 Or Stephen Mitchell 03 9618 8722 Top 9th May 2007 Molopo in South African Gas Expansion Molopo Australia Limited (ASX - MPO) wishes to announce that it has expanded its petroleum interests into South Africa.  Exploration rights covering 250,000 hectares have been granted to Highland Exploration and Production (Pty) Ltd (Highland), a joint venture company owned 50% by Molopo, in partnership with Dallas-based Foree International LLC. At a signing ceremony in Cape Town on May 8, 2007, the Petroleum Agency of South Africa (PASA) issued Highland the rights over known gas-bearing areas in Mpumalanga and Free State Provinces. The Joint Venture’s focus is on areas containing active and historically recorded gas flows from mineral exploration boreholes in the Free State gold fields, south of Welkom, and in the Evander gold field, southeast of Johannesburg in Mpumalanga Province. These gas flows correspond with areas of deeper mining activities for gold and coal conducted by Gold Fields, Harmony, Ingwe (BHP) and Sasol, as well as extensive private farm lands. Cooperation agreements are in place with the major leaseholders. In the Free State, in areas where exploration rights have been granted, Molopo personnel have measured combined gas flows of over 1.5 million cubic feet per day from six boreholes.  In these areas, Molopo is targeting mineral exploration boreholes that have reportedly been emitting gas to surface over many decades.  The Evander area in Mpumalanga Province is also centred on a number of historical gas flows, some of which are reported to have flowed gas at rates of up to 2.5 million cubic feet a day. Many of the gas flows mentioned above appear to be associated with deep crustal fractures and associated igneous intrusions, which are thought to provide an upward migration route for gas. Samples taken in both the Free State gold fields and in the Evander gold field had methane contents exceeding 90 percent, with helium as a potentially valuable accessory. A Molopo team is currently in South Africa to develop a detailed work program and negotiate with Black Empowerment Enterprise candidates following execution of permit agreements.  The work program will commence with soil-gas geochemical sampling and analysis, coupled with a magnetometer survey, with the intention of identifying gas-prone trends for drilling.  Metal detection techniques will be used to locate old boreholes that reportedly were capped and buried because of dangerous rates of gas emission, and the Company will assess the possibility of opening or re-drilling these wells. Marketing and gas-utilization studies will be undertaken concurrently with the technical work program, with a view to evaluating the optimal development, processing and sales options that may be available to Molopo if the Company is successful in proving up the required volumes. Apart from the 7 exploration rights granted on May 8th, a subsequent application for a further 90,000 hectares was submitted by Highland in December, 2006, and is still being processed by PASA. In addition, under a separate application by Gold Fields SA (Pty) Ltd, the gas exploration rights are to be ceded to Highland after the award is made. This Gold Fields application area is highly prospective, with active gas flows from gold exploration holes and underground mining activities at Beatrix and an adjacent diamond mine, all covered by Highland’s applications. “Our petroleum permits and applications cover natural gas exploration over large, carefully selected areas in South Africa, where gas flows have been recorded from mining activities” Molopo’s Managing Director, Stephen Mitchell, said today. Both of the Mpumalanga and Free State awards lie within the Karoo Basin, which is geologically analogous to the Sydney-Bowen Basin in Australia, where Molopo has considerable experience in exploring for and producing coal seam gas. Unlike Molopo’s Australian operations, which require stimulation and dewatering, gas flows freely to surface in South Africa. Dr David Hobday, Molopo’s South African expert, states that “methane gas is well documented in Witwatersrand gold workings at Beatrix and elsewhere”. “The uppermost 400-550m is Karoo, which is generally equivalent to the coal-bearing Permian age strata in the Australian gas-producing Cooper and Sydney-Bowen Basins. In addition to the Karoo coals and shales which may have generated gas, Molopo believes it is likely that the gas at Beatrix and elsewhere in South Africa may be of dual origin, both from the Karoo coal measures as well as the deep, older strata where it is shown to be of microbial origin.” Dr Hobday said. Given that methane is venting to the atmosphere, it is quite possible that carbon credits could add significant value to any gas sales from boreholes currently emitting gas. Molopo has coal seam gas production in Queensland and extensive gas exploration projects in New South Wales, China and the USA. The newly acquired South African gas exploration assets complement Molopo’s existing interests. Issued by: Molopo Australia Ltd For further information contact: Stephen Mitchell MD 03 9618-8722 Ric Sotelo  CFO 03 9618-8722 Top 30 April 2007 Expiry of Options Molopo Australia Limited (ASX: MPO) announces the expiry of 500,000 management incentive options. These options had an expiry date of 30 April 2007 and an exercise price of $0.10. A further 500,000 management incentive options also with an expiry date of 30 April 2007 and an exercise price of $0.05 have today been exercised by the option holder. Yours faithfully, Ric Sotelo, Chief Financial Officer. Issued by:                                                                            Molopo Australia Ltd For further information contact:                                    Stephen Mitchell MD 03 9618-8722 Top 23 April 2007 Drilling Starts in Next Phase of Gloucester Basin Appraisal Programme Drilling has commenced on the first of 4 exploration holes planned as part of the previously announced expanded Phase II Gloucester Basin appraisal programme.  Part cored exploration hole “Weismantel 01” spudded recently to assess the coal bed methane (“CBM”) potential in the southern portion of the Gloucester Basin in PEL 285. The current progress depth is 24 m with a proposed total depth of 730 m. The hole is designed to test depth, thickness, coal and gas characteristics of the thick Weismantel and Clareval coal seams in the Dewrang Group, which occur at shallow depths in this portion of the Gloucester Basin.  The coal seams are up to 12 m thick each and are yet to be subjected to CBM appraisal in the permit area. The sequence to be drilled underlies the highly prospective Gloucester Coal measures to the north. Subject to results from the initial four exploration holes, the Phase II programme will involve appraisal expenditure of approximately $13million to $15million over the next 18 months,  based on a total of 13 cored wells, 3  separate production pilots of possibly 5 wells each, additional aeromagnetic work and seismic. The Gloucester Basin permit is located approximately 100km north of Newcastle, where gas prices are expected to exceed other major east coast markets such as Sydney and Brisbane. The permit covers an area of 1,050 km2, with over 200km2 of prospective coal measure sequence. Molopo has a 30% interest in the permit. Its joint venture partner in the Gloucester project is Lucas Coal Seam Gas Pty Ltd (70%) (“Lucas”), which is also the project’s Operator. Issued by:    Molopo Australia Ltd For further information contact: Stephen Mitchell MD      03 9618-8722 Ric Sotelo CFO    03 9618-8722 Top 19 April 2007 Update on China Project Molopo Australia Limited wishes to announce that the transaction in relation to the transfer of its coal bed methane (“CBM”) interest in the Liu Lin CBM block, Shanxi Province, China to a joint venture company, Fortune Liulin Gas Company Limited (“FLG”), has been finalised.  Fortune Oil has funded the latest work at Liulin, including two new production test wells. Recently, FLG commenced pilot production at the EP1 and EP2 CBM wells in Liulin Block.  Both wells have been hydraulically fracture stimulated to target coal seam number 8/9. They are now producing small controlled amounts of water; the dewatering phase for the CBM wells is expected to last several months before gas production commences. Coring sample results for EP1 and EP2 were positive.  The total coal thickness for the three major coal seams was 11.4 metres for EP1 and 8.9 metres for EP2, and the gas content averaged 9 cubic metres per tonne, as measured by gas desorption testing.  Injection/falloff testing of permeability, an indicator of potential gas recovery rate, also gave encouraging results. In order to meet the PRC’s latest regulations for certification of gas reserves, FLG is now planning to drill three CBM data wells for analysis of permeability and desorbed gas content in each major seam. Molopo’s Managing Director, Mr Stephen Mitchell, said “the Liu Lin CBM project will benefit from Molopo’s recently enhanced CBM team, following the transfer of the BHP Billiton CBM team to Molopo, as announced on 11th April, 2007, combined with the downstream gas expertise in China of the Fortune Oil Group”. FLG is 60% owned by Fortune Green Energy Limited, a wholly-owned subsidiary of Fortune Oil PLC, and 40% owned by Molopo. Please refer below to the announcement by Fortune Oil PLC. Issued by:                                                                            Molopo Australia Ltd For further information contact:                                    Stephen Mitchell MD         03 9618-8722 Ric Sotelo CFO       03 9618-8722 Top 11 April 2007 Molopo Completes Acquisition of BHP CBM Team Molopo Australia Limited (ASX: MPO) has completed its initial phase of re-staffing to support its ongoing growth strategy with the further addition of three key members of the ex-BHP coalbed methane (“CBM”) Team. Ross Naumann, Simon Horan and Ian Gorman have all joined Molopo on a permanent basis adding to the skills already acquired by Molopo with the engagement of Bob Motta (Senior Petroleum Engineer) and Glenn Wormald (Senior Production Geoscientist) earlier in the year. Ross Naumann joins Molopo as its Drilling Manager.  Ross is a Professional Petroleum Engineer with over twenty years experience in Australia and Asia. He has expertise in well drilling, completion, intervention and stimulation in both conventional hydrocarbon and CBM Industries. Fourteen years as Drilling Manager at OCA/Origin playing a key role in the development of CBM business for OCA and Queensland in general. Three years as Drilling Manager with BHPB’s CBM Business unit responsible for the drilling activities associated within Australian, US and China activities and for the development of specialised capability including Tight Radius coal drilling techniques. Simon Horan joins Molopo as a Senior Production Geoscientist. He is a Petroleum Geologist with 23 years experience in Conventional Oil and Gas, Fractured Reservoirs, Coal Bed Methane and Coal Mine Methane. He has worked on projects throughout Australia, New Zealand, Papua New Guinea, China and the USA. He brings considerable experience in well geological planning and wellsite supervision. He had over four years experience in CBM and CMM at BHP including direct responsibility for China, NSW and Queensland projects. Ian Gorman joins Molopo as an Executive Director and Chief Operating Officer. The previous Head of BHPB’s Global CBM technical team, Mr Ian Gorman joined Molopo in November 2006 as a non-executive director. Mr Gorman had been with BHP Petroleum for 19 years where he has worked on a variety of major international petroleum projects and more particularly, on CBM operations in Australia, China and North America. Prior to BHP, Ian had 7 years experience with Shell International in Oil, Gas and LNG projects around the world. He moves to an Executive Director position on the Molopo Board consistent with his new role as COO. Molopo’s Managing Director, Stephen Mitchell, said, “The appointment of Mr Naumann and Mr Horan, and the transition of Mr. Gorman to Executive Director, further strengthens Molopo’s technical and operational capabilities. Combined with the recent appointments of Mr Motta and Mr Wormald, Molopo has now built the core technical capabilities necessary to further develop and appraise our extensive portfolio. We are delighted to be able to attract such high calibre people from the internationally recognised BHPB team.” Issued by:                                                                            Molopo Australia Ltd For further information contact:                                    Stephen Mitchell MD 03 9618-8722 Top 8 March 2007 Molopo Gloucester Basin Pilot Appraisal and Exploration Programme Molopo Australia Limited announces an expanded Phase II Gloucester Basin appraisal programme, recently approved by the Molopo/Lucas Gloucester JV. The programme has been designed to establish reserves across the Gloucester Basin and to ascertain production capabilities prior to a development decision. Key fixed programme activities include a 5 well pilot production programme, a four hole exploration drilling programme, aeromagnetic work and seismic reprocessing. The initial production pilot will be located around the Stratford Prospect, comprising four new wells and an existing production evaluation well LMG03.  The Stratford Prospect is geologically well defined by nine cored CBM wells within the Gloucester Coal Measures which identified an estimated 90petajoules of gas in-place within its 5km2 area. Early and unstablised flow rates from LMG03 of 650,000scf/d have given Molopo early encouragement as to the production potential of the region. Based on results from the programme above, Phase II may eventually comprise a total of 12 cored wells, 3  separate production pilots of possibly 5 wells each, additional aeromagnetic work and seismic that will involve capital spending of approximately $13million to $15million over the next 18 months. The new exploration drilling programme will further assess the CBM potential in the northern, central and southern portions of the Basin. The Gloucester Basin permit is located approximately 100km north of Newcastle, where gas prices are expected to exceed other major east coast markets such as Sydney and Brisbane. The permit covers an area of 1,050 km2, with over 200km2 of prospective coal measure sequence. Molopo has a 30% interest in the permit. Molopo’s joint venture partner in the Gloucester project is Lucas Coal Seam Gas Pty Ltd (70%) (“Lucas”), which is also the project’s Operator.  Lucas recently announced that it has established a separate CBM team, based in Melbourne. Issued by: Molopo Australia Ltd For further information contact: Ric Sotelo CFO 03 9618 8722 or Stephen Mitchell  03 9618 8722   Top 14 February 2007 Molopo Further Strengthens Cbm Team Molopo Australia Limited (ASX: MPO) has further strengthened its Coalbed Methane (“CBM”) technical capabilities with the appointment of two additional petroleum experts previously with BHP Billiton Limited’s (BHP) CBM team. The first of these appointments, Mr. Robert Motta, has joined Molopo as Senior Petroleum Engineer. Mr Motta has worked with BHP for the last 12 years and has spent the last three of those years in the CBM Asset Team. Before joining BHP, Mr. Motta spent seven years working for Esso, and eight years for Santos. Mr Glen Wormald has joined the Molopo CBM team as Senior Geologist. Mr Wormald is a petroleum geoscientist with 28 years experience in wellsite, exploration, operations, development and petrophysics roles. He has spent the previous 25 years with BHP, the last 2 years of which were devoted to CBM exploration and development in Australia, China and North America. Prior to that, Mr Wormald specialised in petrophysical operations and field studies on clastic and carbonate reservoirs in Australia, Asia, Middle East and Africa. He has held many senior roles at BHP including Exploration Manager Bass Strait and New Zealand. Head of BHP’s Global CBM technical team, Mr Ian Gorman, joined Molopo in November 2006 as a non-executive director. Mr Gorman has been with BHP Petroleum for 18 years where he has worked on a variety of major international petroleum projects and more particularly, on CBM operations in Australia, China and North America. Prior to heading BHP’s Global CBM technical team, Mr. Gorman held numerous senior positions within BHP including Manager of petroleum engineering in Melbourne and London as well as Producing Fields Manager for the Australia/Asia region. Molopo’s Managing Director, Stephen Mitchell, said, “The appointment of Mr Motta and Mr Wormald further strengthens Molopo’s technical capabilities as we gear up for the next phase of our development and appraisal programmes. Molopo has substantial gas projects in Queensland, New South Wales and China, where significant gas resources have been established.  Alongside Ian Gorman, our new technical team will play an essential role in helping us deliver on our operational objectives of expanded production and reserves”. Issued by:  Molopo Australia Ltd For further information contact:  Ric Sotelo CFO 03 9618 8722 or Stephen Mitchell 03 9618 8722 Top 5th February 2007 Molopo to Test Gas Shows at U.S. Shallow Conventional Gas Project Gas shows have been encountered in the recently drilled Shannon Neal #1 well in the Pennsylvania Allegheny sandstones in Mason County, West Virginia. The well was drilled and cased to a total depth of 306 metres.  From gas shows recorded while drilling with air, and subsequent analysis of the open hole logs, Molopo has identified three zones in the Shannon Neal #1 well worthy of further evaluation by testing. These three zones, which have a total thickness of 10 metres, will be perforated and tested to determine the economics of the well. The testing equipment will be mobilised over the coming weeks. These zones are representative of thicker potential gas zones identified on logs and have been selected where there is a high probability of producing gas. The results from testing each zone will assist in a final interpretation of the well’s capability to produce gas and the total amount of gas pay, if any, which may be assigned to this well.    Molopo holds a 50% working interest in 5,700 gross acres of conventional gas rights with joint venture participants Foree International LLC (25%) and Republic Energy (25%), both headquartered in Dallas, Texas. Issued by: Molopo Australia Ltd For further information contact:                                              Ric Sotelo CFO 03 9618 8722 or Stephen Mitchell MD   03 9618 8722 Top 25 January 2007 Molopo Commences Drilling on U.S. Shallow Conventional Gas Project Drilling has commenced on the first of three planned shallow conventional gas wells at Molopo's gas project in Mason County, West Virginia. Shannon Neal #1 will be drilled to a depth of 305 metres and is situated in close proximity to the Neal #1 cored well, drilled in 2005. Interpretations from those early well logs indicate gas-bearing intervals with high porosity between 113m and 117m, 123m and 151m, and 161 and 169m. Similar Allegheny channel-fill sandstones produce gas in adjoining Meigs County, directly across the Ohio River from Mason County.   Logging and testing will assess possible gas shows. Subject to the results of Shannon Neal #1, the joint venture partners will decide whether to drill the two additional wells whilst the existing drilling rig is on site.   Molopo holds a 50% working interest in 5,700 gross acres of conventional gas rights with joint venture participants Foree International LLC (25%) and Republic Energy (25%).  Foree Oil Company of Dallas, Texas, is the operator and an independent oil and gas company with production and exploration projects in the Northeast USA and South Africa. The permits for conventional gas are held in addition to the Company’s rights to CBM and Shale gas rights in the area. The Mason County project is part of Molopo’s international diversification into the US, China and South African markets. These complement the Australian producing and exploration interests in Queensland and New South Wales. Issued by:    Molopo Australia Ltd For further information contact: Ric Sotelo CFO 9618 8722 / 0412 432 887 or Stephen Mitchell                 03 9618 8722 / 0409 589 144 Top 23 January 2007 Drilling Commences At Liulin Cbm Project In China Please refer to the attached London Stock Exchange release by Fortune Oil PLC (“Fortune”), which announces the completion of drilling of  two pilot production wells for coalbed methane (“CBM”) in the Liulin block, Shanxi Province.  Drilling has confirmed the presence of thick coal seams which are expected to be fracture stimulated in February 2007.  Exploration production well EP2 was drilled to a total depth of 1,166 metres and EP1 to 615 metres. Both wells are located in the north central sector of the block, with the target seams for CBM production at EP2 and EP1 having thicknesses of 7.4 metres and 5.4 metres respectively.  The transaction with Fortune Oil PLC, in which they may earn up to 60% interest in the project from Molopo via a new joint venture company with the expenditure of US$2.5million, awaits final documentation to reach completion. The current work programme is being financed by Fortune.  Issued by:                                                                                        Molopo Australia Ltd For further information contact:                                                Ric Sotelo CFO 03 9618 8722 / 0412 432 887 or                                                                                                                                                                                Stephen Mitchell 03 9618 8722 / 0409 589 144 Top 14 January 2007                                                                                            (ASX Code: MPO) Molopo Completes Placement Molopo Australia Limited announces that it has placed 65.85million shares at $0.041 per share, to raise approximately $2.7million from a small number of sophisticated and professional investors. The funds will be received and shares allotted early next week. The funds raised from the Placement supplement last month’s Share Purchase Plan and the proceeds will contribute to the following: Horizontal production well program in the Mungi field. This is aimed at both increasing cash flow and testing and refining the design of new horizontal wells; Completion of Queensland based production test wells at the Harcourt / Bindaree Field and the Timmy Field; Resumption of production testing at Gloucester in NSW, including additional cored and production wells; Production testing of vertical wells and at least one horizontal well in Liulin, Shanxi Province, China; Exploration and appraisal of new projects in South Africa, subject to the approval of license applications in areas in South Africa where gas is currently “blowing” from old mining core holes; A production test well in the shallow sandstones of the West Virginia gas project in the USA; and General working capital Yours faithfully, Ric Sotelo Chief Financial Officer Top