Ann: South Erregulla Success Unlocks Project Haber, page-216

The joint venture is preparing to recommence operations at WE-3,located in the Northern Area of the field
andseparated from the Central Area by a fault. WE-3 was temporarily suspended on 4 January 2021 at
4,294m MDRTin the Carynginia formation after encountering high pressure readings that were close to the
design limits of the well.Following a comprehensive review of WE-3 operations and data by both JV partners
and external consultants, the JV has agreed that the well can be safely re-entered.TheJoint Venturehas
finalised the well design for the re-entry into WE-3 (WE-3 ST2) and approved long lead item expenditure for
drilling operations. It is anticipated that the Ensign 970 rig will mobilise to the WE-3 well location in H1 2022.