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Investor Presentaiton

Future Stages After Leases Are Issued: Site Assessment DEPARTMENT U.S. MARCH 5- OF THE A 1849 Lease provides a 5-year period to collect site- specific data: Informs preparation of the lessee's COP WETERLOR May include archaeological, biological, geophysical, geotechnical, and shallow hazard surveys BOEMRE conducts environmental and technical reviews of the lessee's site assessment plan (SAP) ● Submitted for planned bottom-founded data collection facilities (e.g., met towers or met buoys)

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