Caribbean Region

WALTON MORANT LICENSE, JAMAICA

5.5 MM Acres. 7+ Bbbls resource potential

Project Update (License Run through 2026)

Seeking Work Program Partner (up to $3MM)

Certified - 2.4 Billion bbls

Initial Target: Cretaceous Carbonate Platform

Strong Evidence of Hydrocarbon System

Work Program to De-Risk Source and Charge

License Runs to January 2026

Work Program incl. Piston Coring

~$40MM Spent to Date incl. 3-D Seismic

Gaffney Cline Engineering

Initial Target - $3.9B NPV10 @ $80 Oil

Supportive Host Government

SEEK PARTNER FOR FINAL WORK PROGRAM

DV 9038