Hydrocarbon Potential and Unconventional Potential Explorations slide image

Hydrocarbon Potential and Unconventional Potential Explorations

OUR ORANGE BASIN LICENSES SINTANA ENERGY Three of the offshore licenses are located in the Orange Basin - and are directly adjacent to recent and historical discoveries. PEL 90 is adjacent to the recent Venus-1X Superfan oil discovery. ◆PEL 83 is adjacent to the recent Graff-1X oil discovery and directly offsets the massive Kudu Gas Field. PEL 87 contains one of the largest sub-sea fan complexes identified in Africa "Saturn Superfan". The Saturn complex is similar to Venus with the same age and depositional characteristics, mature oil source rocks and regional seal at about the same depth. (1) Africa -Namibia PEL 87 SATURN SUPERFAN 2400 km2 Sintana Energy Prospect Areas Oil Well Gas Well Miles 0 25 50 Moosehead-1 Chevron PEL 90 PEL 83 FARMIN Q4/22 Cullinan O TOTAL PLANS 3 WELLS Q2/23 Venus Superfan Jonker-1 -Venus-1X GALP DRILLING 1 WELL IN 2023 Kudu Gas Field energia galp Operator SHELL DRILLING 2 WELLS Q1/23 The Saturn Superfan represents a major opportunity with the potential to contain substantial oil reserves Source: (1) Pancontinental - ASX Announcement Feb. 25, 2022 Exploring A Better Way™ TM W E TotalEnergies Oil Discovery Feb 2022 Shell La Rona-1X Graff-1X Oil Discovery Feb 2022 TSXV SEI TSXV 8
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