Warrego Energy Announces Increase In Offer Price Under Hancock Energy Takeover Offer

Warrego Energy Ltd (WGO.AX):

• INCREASE IN OFFER PRICE UNDER HANCOCK ENERGY TAKEOVER OFFER FOR WARREGO

• NOTES ANNOUNCEMENT TODAY BY HANCOCK THAT IT HAS INCREASED OFFER PRICE

• OTHER TERMS OF ITS OFFER REMAIN UNCHANGED

• WARREGO BOARD, WILL CONSIDER IMPROVED HANCOCK TAKEOVER OFFER AND WILL UPDATE SHAREHOLDERS IN DUE COURSE

• HANCOCK HAS INCREASED OFFER PRICE UNDER ITS TAKEOVER BID FROM A$0.23 PER WARREGO SHARE TO A$0.28 PER WARREGO SHARE