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Investor Presentaiton

Kina PETROLEUM LIMITED Nama-1 Malisa Proposed Wharf, Kiunga possible gas pipeline to east Kina's PNG development pathway PRL 21 and surrounding acreage Candlenut PPL 437 Kina 57.5% Fly River Mango PRL 21 Kina 15% Ketu Ketu-1 Elevala Ketu-2 Drimdenasak Tingu-1 * Elevala 2, 2A Ubuntu-1 Ubuntu Kandis Elevala to Kiunga 2014 Liquids Pipeline Tana Seismic Program Elevala Gas Plant Proposed road upgrade 30km possible gas pipeline to south Gas Fields Prospects/Leads Proposed Injection Line Proposed Production Line Proposed Production Well PRL 21 (Kina 15%): • 3 successful exploration wells: Elevala 2 (2011) Ketu 2 (2012) ➤Tingu 1 (2013) These have been tested and will underpin proposed liquids. development. • FEED and value engineering work continues. Joint Venture partners are Horizon Oil (Operator), Repsol, Mitsubishi and Osaka Gas. Wet gas upside in PPL 437, adjacent to PRL 21 discoveries. Slide 8
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