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150"S 9300000 9320000 9340000 6°0'0"S PPL 259 Seismic Acquisition 520000 141°15'0"E 540000 450"S _0000996 Stanley West Ekelesia Eaglewood Energy PAPUA NEW GUINEA BLOCK PPL 259 Seismic Program Stanle Stanley-2 Rumginae Klunga 1 141°30'00000 Nama Malisa Drimdenasuk Kiunga 520000 141°15'0″E 540000 141°30'00000 Discovery Prospect Lead Herea EWD10.0 EAGLEWOOD ENERGY INC. . • . . Drill ready prospect(s) by the end of Q2 2012 Delineation of Stanley West to aid unitisation negotiations Focussed in the west of the licence: higher probability of larger volumes, infrastructure, proximity to Stanley Development. Consider the east opportunities when PRL 21 development uncertainties addressed 18

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