STAGE-GATED PLAY ANALYSIS, page-4

Time necessary for current data analysis, redesign of new well drill using 15000 psi rig and new equipment, rig availability at Dukas is disappointing. Mineralisation at WM26 posed problem of solution for successful Stairway access. WM26 was drilled May 2018 - 16 months ago - new drill solution would compensate to some extent for Dukas frustration. Stairway has significant gas. Is there solution ? Drill Stairway in near-term time frame would be timely adding significant resource at existing production facilities and quickly available for tie-in. More gas down NGP, more income, more choices in exploration development, more valuable company.