Abilene Oil and Gas Limited announced that it has entered into a loan agreement with a related entity of Mr. Paul Salter, MAP Capital Pty Ltd. ATF Atlas Capital Series D (Bond) Fund (`MAP Capital'), to secure further short term funding for the company. Under the agreement, MAP Capital will provide the company with a $350,000 loan in order to fund the company's oil and gas activities in the US and working capital requirements. The loan provided by MAP Capital will bear interest of 8% per annum with a repayment date of October 12, 2017 and is an unsecured loan.