Bunian 6 Weekly Progress Report

Bunian 6 – Present depth is 1xxx metres - at 0600 hours 31 July, the rig was drilling ahead to the intermediate casing point at ~1440 metres

During the week the replacement mud pump successfully completed performance testing and drilling operations recommenced

This coming week the plan is to drill to ~1440 metres followed by running and cementing the 9-5/8” intermediate casing prior to commencing the 8-1/2” production hole section

The well, once completed, is expected to boost Indonesian oil production from 250 bopd to 750 bopd (100% share) coming online in late August - Bass is Operator and 55% interest holder in the permit