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Excerpt from NGY Investor Presentation - November 2023 released...

  1. Begoodandkind
    305 Posts.
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    29/11/23
    20:03
    Post #: 71178929
    Excerpt from NGY Investor Presentation - November 2023 released on 22 November 2023 on Muara Enim PSC -

    Muara Enim (ME) – Pre-POD
    NGY is at the pre-POD stage for the Muara Enim asset

    Location
    • Located about 45km to 60km and 100km to 120km from growing economy and industrial cities of Prabumulih and Palembang

    • Co-located Tanjung Enim PSC CBM operated by NGY providing opportunity for integrated development.

    • Approximately 25 km from major gas trunk lines to Java market and export to Malaysia and Singapore.

    Status
    • Progressing with further exploration activities to enable commencement of the POD proposal within the next 18 to 24 months

    • Submitted gross split conversion proposal

    • Plan to acquire additional production data for larger POD application
    NGY Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
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