Sapex Ltd. Company News

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Terrex Completes Seismic at Sapex's Arckaringa Basin Assets
Monday, August 11, 2008 Sapex advised that Terrex Seismic completed recording of regional seismic data on August 9, 2008 as part of the extensive program commenced in May 2008.

SAPEX Fires up Seismic in Australia's Arckaringa Basin
Wednesday, July 30, 2008 SAPEX announced that Terrex Seismic has resumed the recording of its seismic data on July 27 as part of an extensive program commenced in May. The survey is in Australia's Arckaringa Basin.

SAPEX Sells Itself to Linc Energy
Thursday, June 12, 2008 SAPEX has entered into an agreement with Linc Energy whereby Linc Energy will acquire all of the shares and options in SAPEX via Schemes of Arrangement for a cash consideration of 72 cents per share and 50 cents per option.