Kupe Re-Contracting Opportunity

N Malaysia Mahato PSC Cue 12.5% Singapore Legend Gas Oil Permits Bandar Lampung Jakarta • Cue Developments in Indonesia Yogyakarta Sampang PSC Cue 15% Kilometers 0 75 150 300 450 600 SAMPANG PSC Cue 15% Offshore gas Development Opportunity 2021 MAHATO PSC Cue 12.5% ONGOING and Future Onshore Development Drilling 92.8 million barrels (in place] field discovered in 2020. 8 production wells delivered (1 Jan 22]. Production up from 0 to 5,500 bopd. Recently announced material increase in 2P Total Reserves to 1.4mmstb net to Cue. 5 Mahato development wells 8 Mahato production wells delivered by 1 Jan 2022 2022 Further Mahato drilling potential identified 2023 Paus Biru discovery, ~7PJ 2C resources net to Cue. Development through the existing Sampang infrastructure and on to gas-to-electricity market. Final investment decision mid-2022. NEW ZEALAND OIL & GAS HAS A 50.04% INTEREST IN CUE. CUE'S FULL INTEREST IS SHOWN. 2024 21

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