BotsGas has farmed into the Serowe CBM Gas Project because:PH2...

BotsGas has farmed into the Serowe CBM Gas Project because:

1. PH2 and BotsGas share the same vision of a stable green Energy Hub within Botswana
   with the future potential to support wider regions
2. PH2 has a 6 Tcf (trillion cubic feet), Independently Certified Prospective Resource on its 100% owned Serowe CBM Project, with ~2.4 Tcf potentially located within a high grade area¹
3. PH2 is targeting the Serowe coal seams, as the following properties result in best production rates, lower operational costs and less technical risk:
   • Shallow (~250 to 500m depth; 12m coal over 50m gross interval)
   • Gaseous Coal (80-100% Gas Saturations )
   • CBM can be readily abstracted by a series of low-cost, vertical wells
   • No horizontal drilling and fracking required

PH2 is led by Ron Prefontaine, as Chairman, a noted CBM specialist, who leads a team with proven CBM and significant value adding expertise.