Doriemus : progresses with sale of Lidsey Oil Field

Doriemus Plc

ARBN: 619 213 437

ASX / Media Announcement

14 March 2019

Head Office:

Suite 3b, 38 Jermyn Street Princes House

London, UK Sw1Y 6DN

Phone: [phone] Fax: [phone] Email:[e-mail]:www.doriemus.co.uk

Australian Contact Information: Julia Beckett

Joint Company Secretary Tel: + 61 8 6245 2050

Email:[e-mail]

Address:

Suite 12, Level 1 11 Ventnor Avenue West Perth WA 6005 Australia

Postal Address: PO Box 1240

West Perth WA 6872

Directors:Executive ChairmanDavid Lenigas

Executive DirectorsGreg Lee

Donald Strang

Non-Exec DirectorsHamish HarrisCorporate Information: ASX Code: DOR

Doriemus Plc (ASX: DOR)("Doriemus"or the"Company"), today announces, that further to its announcement dated 27 February 2019, that it has now executed all the required sale and purchase agreements to sell its interest in the Lidsey Oil Field in the UK to Angus Energy Plc. The deal will close when the UK Government's Oil & Gas Authority approves the transfer of the interest from Doriemus to Angus Energy.

CONTACTS:

Doriemus progresses with sale of Lidsey Oil Field

For further information on this update or the Company generally, please visit our website atwww.doriemus.co.ukor contact:

Investors / Shareholders:

Doriemus Plc (www.doriemus.co.uk) UK Contacts:

David Lenigas (Executive Chairman)

Don Strang (Executive Director)

Greg Lee (Technical Director)

Australia Contacts:

Julia Beckett

Email:[e-mail]

[phone]

[phone]

FORWARD LOOKING STATEMENTS AND IMPORTANT NOTICE:

This document may contain forward looking statements that are subject to risk factors associated with the oil and gas industry. Forward looking statements include but are not necessarily limited to statements concerning Doriemus's planned operations and other statements that are historic facts, when used in this announcement, the words such "could", "plan", "estimate", "expect", "intend" "may", "potential", "should" and similar expressions are forward looking statements. Although the expectations reflected in these statements are reasonable, they involve risks and uncertainties, and may be affected by many variables which could cause actual results or trends to differ materially. No assurance can be given that actual results will be consistent with these forward-looking statements. Investors should make and rely upon their own enquiries before deciding to acquire or deal in the Company's securities.

1|Page