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Investor Presentaiton

Solid Track Record Five Basin Opening Discoveries in Africa Technical Team of Geologists and Geophysicists • Working together across Africa for ~25 years • Stratigraphic Trap Play and Rift Play expertise • Major oil discoveries in Ghana, Equatorial Guinea, Uganda and Kenya with Energy Africa / Tullow Oil . Large gas condensate discoveries offshore South Africa with Africa Energy Slide 6 A technical team that knows Africa AE AFRICA ENERGY JUBILEE & TEN FIELDS 2007 - 2010 1 Bbbl (area believed to hold 1.6 Bbbl) NGAMIA FIELD 2012 300 MMbbl (area believed to hold 750 MMbbl) Ghana CEIBA & OKUME FIELDS 1999-2000 400 MMbbl (area believed to hold ~500 MMbbl) Equatorial Guinea Uganda Kenya BUTIABA AREA 2008-2011 >1 Bbbl (area believed to hold 1.7 Bbbl) PADDAVISSIE FAIRWAY 2019-2020 >1 Bboe South Africa Resource numbers obtained from third-party public disclosure and have not been subject to independent audit by the Company. Africa Energy | March 2022
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