Focus Energy Encounters Gas While Drilling Eastern Promise-1

Indus Gas, an oil and gas exploration and development company with assets in India, announced that while drilling a new well, Eastern Promise-1 [16.8km south of SGL-1], Focus Energy Ltd., the Operator, intersected a gas bearing interval at a depth of around 3,175 to 3,183 meters in the Early Cretaceous Pariwar formation. During initial testing of the zone, gas flared continuously for 4 hours. The Company intends to do further drilling and testing in this well.