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Investor Presentaiton

100 LEMIGAS SUMMARY The Larger Mergui - North Sumatera Basin is an extensional basin that initaly formed in Late Paleogene and mostly developed during Neogene time. The North Sumatera back-arc basin itself is the southern part of the larger Mergui - North Sumatera basin. ➤ Most tectonic elements in the North Sumatera Basin has relatively N-S and NW-SE trends as product of three tectonic events. Early Tertiary tectonism, Mid-Miocene Tectonism, and Plio-Pleistocene tectonism. The N-S trends represent Pre-Miocene Structures and the NW- SE trends are Post Miocene structures The Petroleum system indicates that the deeper sub-basins of the North Sumatra basin were suitable for kitchen area. Early hydrocarbon generation began in Mid-Miocene and critical moment occurred in Plio-Pleistocene. Generated hydrocarbon accumulated into available plays such as: Early Miocene Belumai sandstone Play Miocene reefal carbonate Play Miocene Baong sandstone Play Upper Miocene to Pliocene Keutapang sandstone play Pliocene Seurula sandstone play Today more than 14 Oil Companies have working areas in this basin, and most of oil & gas fields located in the onshore areas. Total hydrocarbon reserves recently are 257.76 MM STB oil and 5.03 TCF gas. There is still more opportunity to find oil & gas in this basin, especially in the offshore area
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