Real Energy Corporation Limited provides shareholders with an update on the Tamarama 3 well located on the Company's ATP927 permit, Cooper Basin, South West Queensland. A flow rate of 2.5 mmcf/d was recorded from an initial flow test conducted on 26 January 2019 using a 24/64 choke size. This result is particularly encouraging given the previous successful flow test of Tamarama 2 which gives Real Energy confidence in the commerciality of the project and its revenue generating potential. Real Energy will continue to gather data and other reservoir parameters on Tamarama 2 and 3 with the main objective being to book a maiden gas reserves for the Windorah Gas Project. Tamarama 2 & 3 were drilled as follow up wells from the initial discovery well of Tamarama 1, with a changed deviated wellbore design with optimal stress orientation for more efficient fracture stimulation. These extraction techniques will continue to evolve with further improvements expected. Real energy also advises that following the successful flow test on Tamarama 2, it has lodged an application for a pipeline licence between its Tamarama wells and the Mt Howitt gas gathering facility operated by Santos Limited. The proposed pipeline will transport raw gas from the Tamarama wells to the Mt Howitt facility which is only approx. 14km from the field. If granted by the Queensland Government, the pipeline licence will allow Real Energy to build a pipeline on the proposed route to commercialise its Tamarama wells. The proposed pipeline route was determined in consultation with the local landowner and Boonthamurra people to minimise any impact to culturally significant sites. The Company looks forward to providing further updates on the application process in due course.