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Investor Presentaiton

Summary Eaglewood ENERGY INC. PAPUA NEW GUINEA Underexplored, proven hydrocarbon province Excellent fiscal regime, LNG-led resource boom EAGLEWOOD POSITIONED FOR GROWTH IN 2012 . . Multiple drilling targets and exploration opportunities Fully funded 2012 seismic and drilling program Multiple high value activities around PPL 259 and PRL 28, including PPL 259 well to be drilled in Q4 2012 Potential participation in the soon to be developed Stanley field. 26

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