AusTex Oil Limited to List on the TSX Venture Exchange on Wednesday- 22 May 2013

AusTex Oil Limited ("AusTex" or the "Corporation") (ASX:AOK) (TSX VENTURE:ATO)
(OTCQX:ATXDY) is pleased to announce that the Corporation's ordinary shares will
be listed and posted for trading on the TSX Venture Exchange ("TSXV") at the
opening of trading on Wednesday, 22 May, 2013 under the symbol ATO.


AusTex's shares will continue to trade normally on the Australian Securities
Exchange (ASX:AOK) as well in the United States through the Over-The-Counter
marketplace (OTCQX:ATXDY).


Commenting on the pending listing on the TSX Venture Exchange, Executive
Chairman Richard Adrey commented: "The level of investor interest in Canada and
North America for companies with exposure to the resurgent US oil and gas
industry is significant. A TSX-V listing gives these investors a mechanism to
invest in AusTex in a convenient time zone and through an exchange in North
America that has the capacity to deliver the necessary liquidity.


"That said, we remain fully committed to our investors in Australia and this is
a very important market for AusTex. As the company continues to grow, we see
real benefits from having a dual listed structure. This has been proven by
ASX-listed companies with similar asset profiles to AusTex that have also
pursued a listing on the TSX-V."


AusTex Oil Limited

A.C.N. 118 585 649

https://twitter.com/AusTexAOK

Directors

Richard Adrey

(Executive Chairman)

Russell Krause 

(Non-Executive Director)

Daniel Lanskey 

(Managing Director)

Kay Philip 

(Non-executive Director)

Luis Vierma 

(Non-executive Director)

Company Secretary 

Tom Bloomfield [phone]

About AusTex

AusTex Oil Ltd (ASX:AOK) is an Exploration and Production company that is
focused on the development of oil and gas leases in the USA. The company
produces oil and gas in Oklahoma and Kansas. AOK holds interests in approx.
26,000 net acres of oil and gas leases, including acreage in the highly
prospective Mississippi Lime play in Northern Oklahoma and Kansas.


FOR FURTHER INFORMATION PLEASE CONTACT: 
AusTex Oil Limited
Daniel Lanskey
Managing Director
Australia [phone]
[e-mail]


AusTex Oil Limited
Richard Adrey
Executive Chairman
USA [phone]


AusTex Oil Limited
Level 7, 207 Kent Street,
Sydney NSW 2000
[phone]
[phone] (FAX)
www.austexoil.com