VISION ELITE

1 CORPORATE DASHBOARD Dorado 150 million barrels of oil in stage 1 development (Gross 2C, CVN 20%) Bedout New basin, CVN holds commanding position $300 million Market value at $0.195 per share $118 million Cash at 31 March 2020 (no debt) Area of CVN focus Share price COVID-19 & oil price ཆ༽དང་ཨང་རིག་ Dorado-1 discovery Dorado-2 appraisal 0.60 0.50 0.40 0.30 0.20 0.10 0.00 SOM. ● Dorado OM Jun '17 Sep '17 Dec '17 Mar '18 Jun '18 Sep '18 Dec '18 Mar '19 Jun '19 Sep '19 Dec '19 Mar '20 Jun '20 Volume P Carnarvon Petroleum Ltd Level 2, 76 Kings Park Road West Perth WA 6005

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