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Investor Presentaiton

Timeline Monitoring Program Note: Assumed that CO2-Injection could be started at the end of 2017. 20,000 15,000 Cumurative Injection (t) (Injection rate 30t/d) 10,000 5,000 FY2017 FY2018 FY2019 FY2020 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 0 100 200 300 400 500 600 700 800 900 1000 1100 START 3000 6000 9000 10000 12000 15000 18000 20000 STOP M1 M2 M3 M1 M2 M3 M4 M4 M1 M2 M3 M4 Fiscal Year Month Time(days) Injected CO2 (t) Monitoring 4D VSP <BS Time lapse 2D Seismic <BS Borehole Micro-Seismic 4D TDEM <BS Gravity (g-Phone) Gravity (CG-5) <BS Surface CO2 monitoring InSAR <BS Items to be discussed * * * M1 * * * * M1 * * * M2 M2 * * * 3 * * 1) Is it possible to operate a DAS cable or a downhole receiver in a tubing for CO2 injection? 2) If possible, how? 3) If not possible, can the tubing be uninstalled during the VSP measurement? * * * * M3 M3 * M1 * * * * * * * * * * * M4 ΣΙ * M4 M2
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