Transition to Renewable Energy

Perth Basin - our exploration upside - Context - With continued success in drilling and gas delivery in the Perth Basin by the major operators, Beach, MEPAU & Strike, the timing for drilling the key gas prospects in the L7 permit is perfect Updates - NZO officially came on title for L7 & EP437 as notified by DMIRS, Thursday 16th November 2023 Seismic processing is nearing completion and aims to refine and better delineate the primary drilling targets Lookahead - Planning for a rig slot assignment continues by the operator – Booth is the planned first prospect to be drilled and could be as early as April 2024 Oil prospect Gas prospect EP437 Dongara Yardarino Waitsia Lockyer Deep North Erregulla Deep West Erregulla Beharra Springs South Errequlla 10

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