Investor Presentaiton

Asset summary Asset Beach Interest FY19 production¹ FY19 2P reserves² Operator? (MMboe) (MMboe) FY20 capex³ range ($million) beach Key FY20 proposed activities Western Flank Oil 40 - 100% Op/Non-op 5.2 42 200 - 225 Drill up to 77 wells Western Flank Gas 100% Ор 1.9 16 40-60 Drill up to 7 wells Cooper Basin JV Various Non-op 8.3 84 200-220 Drill ~100 wells SA Otway 70-100% Ор 1 30-35 Vic Otway 60% Ор 8.4 62 205 - 225 BassGas 53.75%4 Ор 1.7 20 20 10-25 Kupe (New Zealand) 50% Ор 3.2 27 15-20 Perth Basin 50%5 Op/Non-op 0.7 73 30-35 Frontier Exploration Various Op/Non-op 15-15 Drill 2 wells. Gas facility construction Commence 10 well drilling campaign Trefoil concept select Compression project FID Drill 1 well. Waitsia Stage 2 FID Preparation for FY21 drilling TOTAL 29.4 326 750-850 1. Refer to Q4 FY19 quarterly report ref: #020/19 dated 24th July 2019 for further details 2. Refer to FY19 annual report for further details 3. Based on data contained within slide 13 4. Beach interest in producing permits. 50.25% interest in retention licenses. 4 5. Note that Perth Basin, Beharra Springs interest of 50% is subject to completion of sale of 17% interest to Mitsui E&P Australia

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