Investor Presentaiton

Perth Basin Waitsia (Beach 50%), Beharra Springs (Beach 50%¹ and operator) FY19 production FY20 Focus: L 2 FO Perth Basin . 0.7 MMboe Commence construction of Waitsia Stage 1 expansion Rest of Beach 29.4 MMboe FY19 2P reserves Rest of Beach 326 MMboe Perth Basin 73 MMboe FID on Waitsia Gas Project Stage 2 targeting 100 250 TJ/day output Trieste 3D seismic survey Beharra Springs Deep-1 exploration well, targeting the Kingia and High Cliff formations also intersected at Waitsia and West Erregulla-2, announced as a new gas discovery on 28 October 224 1. Subject to completion of sale of 17% interest to Mitsui E&P Australia Waitsia EP 320 Waitsia 3 Waitsia 4 L 1 FO L 11 L 22 Beharra Springs Deep Beharra Springs WESTERN AUSTRALIA 0 5 10 15 km Gas well Beach facility interest Prospects and Leads Gas field Beach operated permit Beach non-operated permit EP 320 Western Australia beach WA • Perth West Erregulla-2 EP 320 Trieste 3D Seismic Survey WA19-0018-R1

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