Forte Energy Ltd

Forte Energy Limited, formerly IPB Petroleum Limited, is an Australia-based oil and gas exploration company. The Company has a 100% interest in the petroleum exploration permits located in the Browse Basin: WA-424-P. The Browse Basin is located north of Broome, offshore, Western Australia, and covers an area of approximately 140,000 square kilometers (km2). The WA-424-P permit contains three wells, including Gwydion-1, Caspar-1A, and Pryderi-1. The Company's subsidiaries include IPB WA 424P Pty Ltd and IPB Exploration Pty Ltd.