Central Graben
23 February 2022

Exploration well, with two appraisal sidetracks, on the Fotla prospect. Middle Eocene Caran Sandstone injectite complex draped over the Rattray High at approximately 7,000 ft, with high-angle injectite wings defined by strong AVO response and imaged by inversion and forward modelling of PreSDM 3D. The main hole was deviated south to the FEX injectite wing objective, 12Z deviated north (FAC) and 12Y to east (FAE). All three wells reported to have encountered oil and associated gas in excellent quality Caran sands. Wells were not tested. Estimated 2C reserves 16.2 mmbbl.