Investor Presentaiton

Kina PETROLEUM LIMITED PRL 21 path to oil & gas commercialisation Liquids stripping proposed to commence ~2018 with barge export of liquids from Kiunga, down Fly River. Liquids stripping infrastructure is a pre-investment in potential future mid scale LNG Project. With LNG plant at coastal location to supply: City and mining project power demand as substitute for diesel or fuel oil. Singapore LNG and products hub. North Asian LNG markets. Courtesy: Adapted from Horizon Fly River Kiunga Drimdemasuk 30km PRL 21 CPF Well production stream Well injection gas Condensate Road Central Processing Plant KETU GAS FIELD Envisaged liquids offtake - Fly River PRL 21 FOCUS AREA ELEVALA GAS FIELD CPF Papua New Guinea gas pipeline possible Slide 9 PRL 21 Potential Field Development Schematic

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