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Investor Presentaiton

Forward plan Step 1 Studies Underway 2023 III 貫 Step 2 Field Appraisal 2023/2024 31517 2:40 Potentially mare Unit 3 Large Duplex composed of N and I sheet Fault repeat Units Unit 1A Shale wal Unit 1B Unit 2 Alameda N Sheet Marti Sheet ☐ 496000 498000 500000 502000 60000 A96000 198000 600000 502000 604000 Melbana Energy Step 3 Near term development 2024/2025 tit Step 4 Full field development 2025/2026 494000 Cl=25m 1km 496000 498000 500000 502000 Upper Sheet Unit 1B PAD 504000 400m spacing= 31acres 650m spacing = 82acres Mar 5 PAD Marti-2 DAD A Alan da PAD 5 Geological, engineering, commercial & marketing studies and planning Work with regulator to facilitate oil exports Continue production and discussions with oil offtakers Appraisal drilling (including Alameda-3), integrate results into reserves Further technical data acquisition and integration Continue to bring oil production to market Convert appraisal wells to production Technical data acquisition, interpretation and integration Drill development wells and bring oil to market Drill further development wells to increase production Define exploration targets Upgrade facilities as required to increase to plateau production 350000 348000 346000 20 20
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