Revised Upcoming News Flow / Activities (as first communicated...

Revised Upcoming News Flow / Activities (as first communicated in July/August 2023)

1) Spudding of Nomgon 10 Well (by 31 August '23)
✅ Confirmed done on 7th September (8 days late)

2) Spudding of water bore for Grandis (by 31 August '23)
✅ Started ~21st September (21 days late), drilling to 1200m

3) Completion of Nomgon 10 + Commissioning (21st September)
Should've been roughly end of September if it had spud on the original timeline of 31st August.
Likely to be completed by mid-October (after SPP closes )

4) Access Track + Well Pad Construction Works (September '23 / most of October '23)
Started mid-September, on track

5) Install Blow Out Protector on SLB rig (Mid-October)
Now confirmed to be procured / available for installation

6) Spud Grandis (Early November - Inevitably will be delayed..)
Looking like it will be delayed, as expected, given it is late September and they're waiting to hear about rig availability / release.

7) Updated Nomgon Pilot Results (Early/Late December - 1.5 months of dewatering)

8) Grandis Drilling (Mid-November - December)
9) Grandis Pre-Stimulation Results (Late December '23 / Early January '24)