arrow energy – the bowen basin

Announcement - Company Presentation re Bowen Basin Operations

Hilights...

The largest CSG acreage position in eastern Australia >65,000 sq km

Arrow is embarking on the largest exploration and appraisal program in its history as it targets reserves for multiple LNG Trains at Gladstone

Area – our Bowen Basin tenements cover more than 5000 sq. km – a large area to explore

Bowen...... PJ... Bcf
Resource 34694 33042
1P Reserve 318 305
2P Reserve 1135 1089
3P Reserve 3021 2899

Future
• The future for Arrow in the Bowen Basin is to supply to Curtis Island LNG
• The intention is that Arrow’s JV acreage will supply the majority of the gas for Shell’s Curtis Island LNG project
• This growth will increase Arrow’s production in the Bowen Basin by 10 times the current level
• Our current estimates are that the associated project will include over 2500 wells

...Big job - Looks good.