NuEnergy Corporate Overview

For personal use only CONCLUDING COMMENTS NuEnergy The Indonesian Unconventional Gas Business will prove itself in the next 12-24 months through first commercialisation of the resource Companies such as NuEnergy Gas and its partner PERTAMINA are at the forefront of proving the resource and are demonstrating the larger than expected potential of Indonesian coal seams which have been found in some cases to be between 80-120m thick with high gas content, gas quality and water quality Key relationships with the Government regulators and the local communities are key to ensuring the successful implementation of projects which benefit the people of Indonesia through : ✓ significant tax revenues generated by the state; ✓ local direct and indirect employment opportunities generated by the new business; and ✓ electrification of local villages that have not had access to electricity up until now. The global impact of the success of the unconventional gas business in the USA will be enjoyed through the positive impact the industry will provide to growth and trade in the USA as imports are displaced It is seen as unlikely that this success will translate into any short to medium term disruption of Indonesian gas markets through the export of LNG from the USA 12

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