AusTex Oil Limited through its 100% owned subsidiary, International Energy Corporation (Kansas), has acquired the following oil and gas leases located near Hays, Kansas:- Lease Name Acreage WI NRI County Cooper Project 26,500 50% 42.25% Sheridan Pearl Cress - #A1 well Well 28.5% 24.93% Ellis Pearl Cress - #A2 well Well 28.5% 24.93% Ellis McCracken Project 3,200 55% 42.5% Ness Beltz Project 160 40% 33.8% Ness