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Investor Presentaiton

Award of Pase PSC - Progress For personal use only . • Initial Pase PSC expired Feb 2012 triangle energy oil gas energy Triangle awarded five 6-month operating extensions of Pase PSC • The new PSC is expected to be awarded for 30 years •Triangle and the Acehnese Government have entered into a Joint Venture to operate a new Pase PSC • The new Pase PSC is to be awarded under the collaborative regime between the Indonesian Central Government and the Acehnese Government • Acehnese Government dealing directly with Indonesian Central Government on award of Pase PSC • Triangle is the first foreign company to form a Joint Venture with the Acehnese Government to operate an oil and gas field within the Aceh Province • The Governor of Aceh, Dr Zaini Abdullah gives the Joint Venture his full support 5
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