Ann: Bunian-5 Oil Production Commences Strongly, page-3

Main points:

• Bunian 5 commenced production on test from the TRM 3 sandstone, recording over 1100

barrels of oil per day (1128 bopd).

• The TRM 3 reservoir is one of two high quality oil zones intersected in this well.
• Bunian 5 intersected the two primary reservoirs, the TRM3 and K sandstones at the same

or slightly higher levels than at Bunian 3 ST2, the best producing well in the field.

• This result confirms that Bunian-5 is expected to double overall production from the

Bunian field.

• Next steps – perform production test on the TRM 3 reservoir over seven days and then

commence a similar test on the K sandstone reservoir.

• Oil produced from the test will be trucked and sold along with all other crude produced at

Tangai Sukananti.