Westmount Energy : 2020-08-09 Westmount Corporate Presentation

London AIM (WTE.L)

Access to portfolio of drilling outcomes - Guyana-Suriname Basin

Summary - August 2020

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Introduction

Listed on AIM (WTE.L) Westmount Energy Ltd. is a Guyana-Suriname focused oil and gas exploration Company with investments which offer exposure to multiple

ExxonMobil operated, high impact Cretaceous, wells in one of the

most prolific emerging hydrocarbon provinces worldwide, over next 12 Months

*(timetable subject to COVID-19 disruptions)

Original Map Source: ExxonMobil Presentation 2018

Slide 3

Capital Structure

• Ordinary shares1 125,761,486
• Market Capitalisation1 ~GBP£20.7M (closing share price 16.5p)
• Share Options2 4,500,000; No Warrants outstanding
• Unsecured 10% p.a. Convertible Loan Notes 2021 £0.400M
• Cash1 ~GBP£2.3M

Major Shareholders1

Company Snapshot

• Strategic investments used to establish position in prolific, emerging, Guyana-Suriname Basin
• Since 2015 >30,000 km2 3D seismic acquired offshore Guyana
• 16 out of 18 expl. successes on Stabroek Block; >8bnboe discovered to date.
• Orinduik Block (2019) Tertiary discoveries (Jethro & Joe) includes play opener - but heavy oil
• Potential exposure to multiple ExxonMobil operated Upp. Cret. wells - next 12 months
• 'WTE Portfolio effect' up to 3 wells Canje;1 well Kaieteur; + potential (U.Cret.) Orinduik & Blk 47 drilling
• Potential for transformational transaction in future - possibly via
  RTO

Slide 4

WTE Indirect Interests

Canje Block (JHI ~4.8%)

Kaieteur Block (Cataleya ~5.4%)

Kaieteur Block (Ratio Pet.~0.7%)

Orinduik Block (Eco ~0.8%)

Block 47 (Ratio Pet.~0.7%)

Original Map Source: ExxonMobil Presentation 2018

Drillships working mid-2020

Stena Carron (Guyana)

Noble Bob Douglas (Guyana)

Noble Tom Madden (Guyana)

Noble Don Taylor (Guyana)

Noble Sam Croft (Suriname)

www.westmountenergy.com

Source: Westwood Global Energy Group 28 April 2020

Source: Various ExxonMobil Press Releases 2015-2020

Potential for Predictive

Capacity From 3D Seismic?

Source: Hess Investor Day Presentation 12 Dec.2018 and ExxonMobil Investor Presentation 18 June 2019

Guyana - Suriname Basin

Board & Management Team

• Guyana: Co-operative Republic of Guyana; independent since 1966
• Area: 215,000 Km2 (83,000 square miles)
• Population: 782,766 (2019) World Bank
• Language: English (official), Guyanese Creole & regional languages
• GDP: US $4.28 billion (2019) World Bank
• Economic Activities: agriculture, mining (bauxite & gold), timber, shrimp fishing
• Capital: Georgetown
• Neighbouring Countries: Suriname, Brazil, Venezuela