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Investor Presentaiton

10 Objective PHASE 1 RAFAEL DEVELOPMENT Domestic hybrid LNG and renewables for power generation with condensate export Develop a small footprint, scalable LNG supply stream, complemented by 50% renewable energy supply via solar and battery storage, to meet the long term energy needs of Kimberley. Resource Low Case First Production: Project Life: 2027 Key Project Parameters No. of wells: Gas flowrate: 20 years 1-2 (Rafael appraisal wells completed as producers) 8-16 mmscf/d Product streams: LNG (0.05 0.1 MTPA) Condensate (225-450 bopd) " Indicative basis ☐ of design ā—‰ Gas gathering system & liquids separation close to wellsite, Pipelines for gas and condensate to Central Processing Facility (CPF) at Energy Hub, Small scale, containerized LNG facility at Energy Hub, LNG trucking to Broome and regional communities, condensate trucking to Broome, and 50% renewable power generation (photovoltaic and battery storage) at each site. Market Domestic power for Broome, Derby, Camballin/Looma, Fitzroy Crossing and Halls Creek, with demand creation opportunities for other industrial gas customers. Condensate for SE Asian refineries. PHASE 1 Domestic LNG for power generation with condensate export condensate trucking LNG trucking mini LNG plant power station (LNG) Broome condensate storage power for remote communities hybrid power generation with firmed solar Derby LNG trucking underground gas & liquid pipelines energy hub CO2 capture & underground storage condensate export coarse liquid separation Rafael gas & condensate field BROOME PERTH Buru Energy Investor Presentation | November 2023 Buru Energy
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