Ann: Quarterly Activities Summary Period Ended 31 March 2025, page-2

HIGHLIGHTS Cuba Block 9 PSC (Melbana 30% participating interest and Operator) - The Alameda-2 workover commenced in February and well cleanup flow was underway. - Construction of the Amistad-2 access road and well pad commenced. AC/P70 (Melbana 100% participating interest and Operator) - A maiden Prospective Resource1 of 2,754 Bcf and 43 MMbbl (unrisked, gross best estimate). - A maiden Contingent Resource1 of 276 Bcf and 34 MMbbl (2C) associated with the undeveloped Vesta and Swan oil and gas fields. Corporate - $7.6 million cash available at the end of the quarter.