PGN Business and Operations Update

Type Founded Subsidiary - Saka Energi Indonesia pgn SAKA power to discover Asset maturity Assets Classified by Total Assets1 5% of Total Assets comprised from Exploration assets, with one gas discovery in South Sesulu 5% South Sesulu PSC Offshore East Kalimantan Wokam II PSC Offshore West Papua West Bangkanai PSC O Central Kalimantan Pekawai PSC Offshore and Onshore East Kalimantan Private 27 June 2011 Headquarter Jakarta CEO Industry Tumbur Parlindungan Oil & Gas Upstream West Yamdena PSC Offshore and Onshore Maluku 4.6% 0.2% 0.2% 0.03% Subsidiaries 25 0.03% Total Assets USD 2.6 Billion (2017) No. Employees 302 (2017) powar saver pgn SAKA pgn SAKA ophir pgn power to da saver SAKA pgn SAKA save Website www.sakaenergi.com Ketapang PSC Pangkah PSC² Offshore East Java Bangkanai PSC Onshore Kalimantan Offshore East Jav Fasken Eagle Ford, Texas 17 0.2% 0.2% Southeast Sumatra PSC Offshore South East Sumatra Expiring September 2018 14.1% 1.4% 36.1% 7.7% Muriah PSC Offshore East Java Sanga Sanga PSC³ Onshore Kallmantan Expiring August 7, 2018 5.5% 30% Muara Bakau PSC Offshore East Kalimantan 95% 95% of Total Assets comprised from Production assets, 2 PSC's are expiring in 2018 eni ophir pgn SAKA SilverBow power to as co RESOURCESS PETRONAS PETRONAS pgn SAKA power door Operator Exploration Business Updates *Notes: 1. Pangkah PSC has additional upside for near term production and reserve growth potentials through development and exploration. Development 2. Muara Bakau block starts producing 4. by first half 2017. Total production in Q3-2018: 667 MMScfd 3. Sanga-sanga PSC and SES PSC expired in Q3 2018 5. Production Force Majeure status of Kepodang Field in Muriah PSC due to unexpected declining amount of reserve and lifetime of production is still under reviewed by SKK Migas. SEI has 20% of PI This year, Saka has appointed to manage two new oil and gas blocks, namely Pekawai Block and West Yamdena Block

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