From NGY's latest Quarterly Activities Report December2021 with...

From NGY's latest Quarterly Activities Report December2021 with regards to its Tanjung Enim PSC in South Sumatra which was releasedtoday –

"NuEnergycontinued its discussions and negotiations on future gas sales with PTPertamina Gas. NuEnergy is also progressing on the necessary environmentalimpact studies (known as AMDAL or Analisis Manajemen Dampak Lingkungan inIndonesia) and Front-End Engineering Design (“FEED”) studies by selecting andreviewing proposals from qualified vendors and consultants. In addition,NuEnergy has received the Seller Appointment Letter (“SAL”) from the IndonesianSpecial Task Force for Upstream Oil and Gas Business Activities (“SKK Migas”)that formally authorises and appoints NuEnergy to sell coal bed methaneproduced from the Tanjung Enim PSC on SKK Migas’s behalf."