Ann: Mukuyu-2 Drilling Update, page-244

Hi VOGC,
Excellent post. As always. VOCG, I am a later-comer to the Mukuyu-2 drill. While researching the results of the Mukuyu-1 well, I noticed the following comments from IVZ on Slide 8 of their March 21, 2023, Investor Presentation. I am unsure if this topic has already been discussed.

• Valid formation pressure pre-tests obtained in the upper Pebbly Arkose and upper Angwa reservoirs, potentially indicate a significant gas column in these formations (assuming a normally pressured aquifer).
• If indeed these pre-test pressures are valid and reliable data, this is a very significant comment from IVZ.
• If the pre-test pressures taken in these potential gas reservoirs, all fall on the same gradient / line, this would suggest one, single, large gas column.
• The red and blue lines on the well diagram are hypothetical and added by me.

Your thoughts and others very-much welcomed.

Kind regards OldGeo