Investor Presentaiton

ANOH DOWNSTREAM INFRASTRUCTURE Multiple evacuation routes for hydrocarbon products SALES GAS > Gas from the AGPC Gas Processing Facility will be routed via a 24km spur line to a fiscal metering facility located adjacent to Agip's Obiafu-Obrikom field, and a new 127 km 48" east-west gas pipeline connecting Obiafu-Obrikom to Oben ("OB3"). > The OB3 pipeline is owned and is being constructed by the Nigeria Gas Company. There are regular interface meetings between NGC, SPDC and AGPC. > More than 90% of the construction work on the OB3 is already complete, with the outstanding portion relating to the crossing of the river Niger, which has been further contracted to experts to ensure completion of the project. Per latest information that AGPC has received, OB3 is still scheduled for completion in 2020 and the spur line in 2021. > Gas shipped from the AGPC Gas Processing Facility will travel to the Oben gas hub and it will have optionality to be shipped onwards north or west via the Ajaokuta pipeline (when it is completed) or the Escravos-Lagos Pipeline System. CONDENSATE LPG > The condensate is expected to be transported to the Bonny terminal via an existing crude oil pipeline system operated by SPDC. > The 12" condensate evacuation line will enter into the ASSA manifold of SPDC where the condensate comingles with other injectors' crude to the Bonny Terminal via Rumuekpe, Npoku, Bomu Manifolds. > AGPC will be selling LPG at the gate to wholesale LPG distributors. 31 SEPLAT PETROLEUM DEVELOPMENT COMPANY PLC | INVESTOR PRESENTATION

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