PNG Oil & Gas Industry Overview

Opportunities Global & Regional Demand for Energy projected to increase * PNG remains underexplored and has potential to supply the region's Energy needs → PNG has 'Political Will' to encourage onshore investments in Energy and has proven so in the past decades + We are a 'Gas country' and gas is widely accepted now as the cleaner source of hydrocarbon Frontier oil & gas area with potential Strategically closer to big energy Markets in Asia * Geologically proven petroleum plays and potential ⚫ Fair data coverage in some basins Attractive Fiscal policy; promoting exploration Up and coming major gas exporter in the region 12

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