Tomahawk Energy

Announce that the Company has resolved to declare that the offers for all of the shares and options in K2 Energy Ltd (ASX:KTO) are now free from all conditions.

Tomahawk Energy Ltd increased its relevant interest from 39,605,000 ordinary shares (46.052%) to 69,863,000 ordinary shares (81.236%).

Tomahawk Energy Ltd increased its relevant interest from 35,355,000 ordinary shares (N/A%) to 39,605,000 ordinary shares (46.052%).

Tomahawk Energy Ltd increased its relevant interest from 69,863,000 ordinary shares (81.236%) to 77,478,365 ordinary shares (90.091%).

Tomahawk Energy Ltd increased its relevant interest from 77,478,365 ordinary shares (90.091%) to 80,154,060 ordinary shares (93.202%).

Tomahawk Energy Ltd increased its relevant interest from 18,460,000 ordinary shares (N/A%) to 33,260,000 ordinary shares (38.67%).

Tomahawk Energy Ltd increased its relevant interest from 33,260,000 ordinary shares (N/A%) to 35,355,000 ordinary shares (41.11%).

Tomahawk Energy Ltd became a substantial shareholder with a relevant interest of 7,815,000 ordinary shares (9.087%).

Perth-based oil and gas exploration company Tomahawk Energy Ltd has revised its options offer in its takeover bid for Sydney-based oil and gas explorer K2 Energy Ltd, following a period of due diligence.

Junior oil and gas companies Tomahawk Energy Ltd and K2 Energy Ltd have agreed to a $20 million scrip merger, to hasten expansion of their United States interests.

Shares in oil and gas explorer Tomahawk Energy Ltd resumed trading today following a five-day suspension but hit the boards without telling shareholders about a material transaction that triggered the original trading halt.

Perth-based oil and gas exploration company Tomahawk Energy Ltd has abandoned plans to work further with New York-based Metro Energy Group LLC after completing a strategic review of its work in the Oklahoma oil and gas project.

Advises that on 2 July 2006, 19,110,000 fully paid ordinary shares will be released from escrow.

AUSTRALIAN Stock Exchange-listed oil and gas junior Tomahawk Energy has commissioned its first oil well for commercial production in Oklahoma, in the US.

Tomahawk Energy Limited - June 29 Proposed code: THKIssue price: $0.20

Tomahawk Energy Limited - June 29Proposed code: THKIssue price: $0.20