Investor Presentaiton

North Corentyne Kawa Discovery Santonian Channel Complex Pay Intervals . cgx energy inc Kawa-1 targeted Horizon 19 and found numerous stacked off-axis sand packages as part of thick eastern channel complex • Two sand packages were identified in the channel complex: Horizon 18 and 19 • Presence of good porosity and hydrocarbon shows, with a gas-ratio analysis suggesting oil . Kawa partially de-risks surrounding horizons elsewhere on the block, 545000 prospect inventory at similar GWC Final PSDM Hor 15 6by6 SM RMS amplitude X-axis 555000 560000 565000 570000 120000.00 115000.001 110000.00 105000.00 SW 3700 3650 namely upcoming Wei-1 Amplitude: troughs in red Kawa-1 1300 1300 1300 1300 1300 3600 3500 3450 2300 1300 2300 3400 1300 1300 1300 1300 2300 3300 3250 3200 3150 3050 2950 2900 2050 2800 2750 2700 2650 -5000 -5050. -5100 -51501 -5200 -5250 -5300 -5350 Channel -5400 -5450 complex -5500 -5550 -5600 -5650 -5700 -5750 -5800 -5850. Displayed Horizon -5950 -6000 -6050 -6100 -6130 -6200 -6250 -6300 -6400 -6450 -6500 -6550 <-6600 Seismic resolution = ~100'+ www.cgxenergy.com 19 22 18 NE Wei-1 Kawa-1 -100000.00 -95000.00 -90000.00 85000.00 -80000.00 75000.00 ·70000.00 05000.00 00000.00 VIEW OF CHANNEL COMPLEX RMS Amplitude Above Background of Channel Portion Horizon 19 Post Wireline Initial Petrophysical Calculations Interval Maastrichtian Net Pay Thickness 68 feet Campanian 66 feet Santonian 76 feet Coniacian 18 feet Total 228 feet 13

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