NuEnergy Corporate Overview

For personal use only. ADVANTAGE FACTORS IN SUMATRA FOR DELIVERING RESERVES NuEnergy Over 1500 wells drilled in the South Sumatra basin and there are several hundred lines of seismic shot over ME & ME2 PSCs. This data is being integrated into the NGY geological model – chance to significantly enhance contingent resources A number of these wells (estimated to be over 30) have been abandoned but not plugged so could be used (at no cost) NGY plans to use these abandoned / not plugged oil & gas wells (with anticline structures) with overlying coals - these are often connected to operating gas pipelines..... Enhanced gas content and permeability in the coals is likely above such structures from fissure fracturing and from gas in coal which migrates to the top of the structure These competitive advantages give NGY a possible fast track to proving reserves across ME & ME2 at a much lower cost. 100 metre Coal Seams Thickness -140 -130 -120 10 -100 -90 -80 -70 -60 -50 New Target Well Locations ME-CBM-01 ME-CBM-02 30 -20 CENTER OR AXIS B ANTICLINE Migration SYNCLINE

View entire presentation