Hydra

SPECIALIST IN SMALL FIELD OIL & GAS DEVELOPMENTS

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Hydra Energy (WA) exits from Administration


Execution and Effectuation of Amended DOCA
At a meeting of creditors of the Company held on 21 March 2017, creditors
voted in favour of a resolution to execute an Amended and Restated Deed of Company
Arrangement (‘Amended DOCA’).
The Amended DOCA was executed on 23 March 2017 and was wholly effectuated on 31
March 2017.
On effectuation of the Amended DOCA, creditor claims against the Company were replaced
with a right to participate as beneficiaries of a Creditors’ Trust, the Deed Administrators retired and
control and management of the Company reverted to the director of the Company.

Notice that DOCA wholly effectuated 310317

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