4th June 2008 ASX Announcement NEW STANDARD ENERGY SECURES ADDITIONAL ACREAGE The Board of Hawk Resources Limited (ASX: HFC) (Hawk or Company) is pleased to advise that current merger partner, oil and gas exploration company New Standard Energy Limited (NSE), has successfully secured interests in additional acreage in the Canning Basin, Western Australia. The additional acreage is a result of a successful tender as part of the recent acreage release program undertaken by the Western Australian Department of Industry and Resources (DoIR) in March 2008. These extra acreage areas increase NSE’s Canning Basin holdings to in excess of 90,000km2. They include a 100% interest in application area 28/07-8 (contiguous to EP417) and an option over a 50% interest in application area 30/07-8 (contiguous to EP442). Despite the early stage of exploration, numerous large structures have been identified across both areas that have the potential to host hundreds of millions of barrels of oil.
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