ANNUAL GENERAL MEETING

27 APRIL 2023

RH Petrogas Limited

Disclaimer

The information set out in this presentation has been produced by RH Petrogas Limited as of the date of this presentation. This presentation and the information contained herein does not constitute an offer to sell or an invitation to purchase any securities in, or any underlying assets of RH Petrogas Limited , nor is it intended to form any part of any investment decision.

For the avoidance of doubt, RH Petrogas Limited, including its subsidiaries, associated companies, and their respective directors, employees, or advisers makes no express or implied representation or warranty and no responsibility or liability is accepted by any of them with respect to the accuracy or completeness of the information set forth in this presentation. Nothing contained herein is, or shall be relied upon as, a promise or a representation regarding the historic or current position or performance, or any future events or performance of RH Petrogas Limited. Parties should make their own assessment, undertake such investigations as they see fit and obtain their own independent legal or other advice thereon.

This presentation may include certain forward-looking statements. All statements, other than statements of historical facts, that address activities, events or developments that RH Petrogas Limited expects or anticipates will or may occur in the future are forward-looking statements. RH Petrogas Limited's actual results or developments may differ materially from those indicated by these forward-looking statements as a result of various factors and uncertainties, including but not limited to price fluctuations, actual demand, exchange rate fluctuations, market shares, competition, environmental risks, changes in legal, financial and regulatory frameworks, international economic and financial market conditions, political risks, project delay, project approval, cost estimates and other risks and factors beyond the control of RH Petrogas Limited. In addition, RH Petrogas Limited makes the forward-looking statements referred to in this presentation as of today and undertakes no obligation to update these statements.

This presentation was prepared exclusively for the parties presently being invited for the purposes of discussion. Neither this presentation nor any of its content may be used without the prior written consent of RH Petrogas Limited. This presentation contains proprietary and confidential information regarding RH Petrogas Limited.

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TABLE OF

CONTENTS

  1. Corporate Overview
  2. Assets and Operations Review
  3. Financial Review
  4. Embarking on Exploration
  5. Oil Market Outlook
  6. Corporate Social Responsibility

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S$0.192 per share

Share price, 26 April 2023

835,177,400

No. of shares in issue

S$160.4MM

Market capitalisation, 26 April 2023

Free float: ~32%

Corporate Overview

  • Listed on SGX mainboard
  • Tickers: T13 (SGX), RHP SP (Bloomberg)
  • Oil and gas upstream pure play with activities covering the exploration, development and production of oil and gas resources
  • Currently the operator of two production sharing contracts ("PSCs") in Indonesia with existing production and exploration upside potential
  • Vision: RHP aspires to be a leading independent energy company in the ASEAN region
  • Mission: To develop, leverage and grow our energy assets in a safe, responsible and sustainable manner to enhance the interests of our stakeholders

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Assets and Operations Overview

Kepala Burung PSC

Salawati PSC

Kepala Burung PSC

Salawati PSC

Location

West Papua,

West Papua,

Indonesia

Indonesia

Area

1,030 km2

1,137 km2

Participating

70%(1)

70%(1)

Interest

Licence Expiry Date

14 October 2040

22 April 2040

Operator

RH Petrogas

RH Petrogas

Partner

Pertamina (30%)

Pertamina (30%)

(Participating Interest)

( 1) RHP's effective working interests after accounting for the share of non-controlling interest in the respective PSCs are as follows: Kepala Burung PSC: 57.8578%; and Salawati PSC: 57.8578%

Kepala Burung PSC,

Head Office,

Salawati PSC,

West Papua, Indonesia

Singapore

West Papua,

Indonesia

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Disclaimer

RH Petrogas Limited published this content on 26 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 April 2023 10:51:09 UTC.