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Presentation to Australia Philippines Business Council

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Perth

26 July 2021

ASX Listed: SGC

•The Philippines is a net energy importer despite low consumption levels relative to its ersonal

Southeast Asian neighbors. The country produces oil, natural gas, and coal. Geothermal, hydropower, and other renewable sources account for a significant share of electricity ge eration.

•The largest share of total primary energy consumption was petroleum and other liquids (45%), followed by coal (36%), natural gas (7%), non-hydropower renewables (7%), and

hydroelectricity (4%).

Sacgasco Limited

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Energy Insights from PRESIDENT FERDINAND "BONGBONG" ROMUALDEZ MARCOS JR. INAUGURATION SPEECH - 30 June 2022

only"There is a ….. problem in our energy supply:

Sufficient 'fossil fuel-free' technology for whole economies has yet to be invented,

• and

• It is not seriously tried by rich countries.

use…. Consider the response of the richest countries to the war in Ukraine. ……. surely a

Free World awash with oil can assure supplies; or

✓ We will find a way;

✓ We are not far from oil and gas reserves that have already been developed."

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Sacgasco Limited

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Elaboration from PRESIDENT FERDINAND "BONGBONG" ROMUALDEZ MARCOS JR. State of Nation Address - 25 July 2022

"A key sector in our transformation plans is that of energy.

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Another fundamental requirement for growth and increased employment will be the availability

of cheap, reliable energy. This even comes under the category of "ease of doing business". If

we are to attract investors, both local and foreign, to set up shop here in the Philippines.

At present, our demand for energy far exceeds our reliable supply. We must increase the level

of energy production. "

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"In the interim, natural gas will hold the key. We will provide investment incentives by

clarifying the uncertain policy in upstream gas, particularly in the area close to Malampaya."

17. Enactment of an Enabling Law for the Natural Gas Industry

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This seeks to foster the development of the Midstream Natural Gas Industry in a bid to

strengthen Philippine energy security by diversifying the country's primary sources of energy

a d promoting the role of natural gas as a complementary fuel to variable renewable energy

On the area of foreign policy, I will not preside over any process that will abandon even

one square inch of territory of the Republic of the Philippines to any foreign power.

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Sacgasco Limited

The Palawan Basin in the Philippines fits this strategy very well!

Who is Sacgasco?

• Australian Company formed in 2005 as Australian Oil Company Limited

• Listed on Australian Stock Exchange (Ticker: "SGC") since 2005; in Good Standing and Well Governed

• Sacgasco has cash flow from producing Oil and Natural Gas in North America: California, USA, and Alberta,

Canada, and

only• Sacgasco has access to capital sources in Australia, Asia, Europe and America.

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•

Sacgasco has committed shareholders and motivated management as a result of their shareholding (~8%)

in the company.

• Sacgasco evaluates its acreage for all Hydrocarbons including Natural Gases- Methane, Hydrogen and Helium.

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Sacgasco is strategically focused on under-explored, recently over-looked,world-class oil and gas

opportunities near under-supplied markets:

Sacgasco Limited

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Confidential 4

NIDO Petroleum in the Philippines for over 20 years

Acquired by Sacgasco on July 1, 2021, and subsequently enhanced

Service

Fields / Discoveries

% Interest

Operator

Contract

(After Farmouts*)

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Cadlao Oil Field

72.727%*

Philodrill -

SC 6B

Redevelopment; near field

NIDO (SGC)

Exploration- East Cadlao; and

Technical

Tie Back Development

Operator

SC 54A

Nandino Exploration; and

51.25%*

NIDO (SGC)

Tindalo, Yakal, Nido 1X1

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Development

West Linapacan A Field

22.88%

Philodrill

SC 14C2

Redevelopment; West

Linapacan Tie-Back

Development

SC 58

Frontier Exploration with Large

50%

NIDO (SGC)

Potential

New Ventures

Natural Gases, including

100%

NIDO (SGC)

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Helium and Hydrogen; and Oil

Prospects and Leads

"These Service contracts all have assets that became stranded assets

due to circumstances including pricing and a diversity of strategies;

Sacgasco's Strategy is to collectively recognize these opportunities and

provide innovation and driving collaboration and leadership to

develop these assets as soon as practicable;

To realize the benefit to all stakeholders "

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Sacgasco Limited published this content on 26 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 July 2022 22:31:01 UTC.