Petsec Energy Ltd (the 'Company') requests an immediate trading halt in respect of its ordinary shares (ASX Code: PSA).

For the purpose of ASX Listing Rule 17.1, the Company provides the following information: The Company requests the trading halt pending the release of an announcement to the ASX shortly in relation to an illegitimate claim made against the US$4.2 million Letter of Credit supporting its exploration obligations in Block 7, Yemen; The Company requests that the trading halt continue until the earlier of a release of an announcement by the Company or commencement of normal trading on 19th February 2020; The Company is not aware of any reasons why the trading halt should not be granted.

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