Overview - Falcon Australia

Falcon Australia’s interests are located in the Beetaloo Sub-Basin, Northern Territory, Australia. The following table summarises the interest held:

Assets (Country)	Interest (%)	Operator	Status	Area (km2)
EP*-76 (Beetaloo Basin, Northern Territory, Australia)	22.5	Origin	Exploration	1,891.30
EP*-98 (Beetaloo Basin, Northern Territory, Australia)	22.5	Origin	Exploration	10,316.00
EP*-117 (Beetaloo Basin, Northern Territory, Australia)	22.5	Origin	Exploration	6,412.00
Technical Cooperation Permit, (Karoo Basin, South Africa)	100	Falcon	TCP	30,327.90
Makó Production Licence (Makó Trough, Hungary)	100	TXM	Production	994.6

*EP – Exploration Permit

Beetaloo Sub-Basin

– 4.6 million gross acres (1 million net acres) onshore in the Beetaloo Basin, Australia
– Three exploration permits granted in 2005 and 2006
– AFarm-Out with Origin and Sasol completed in August 2014
– Commencement of a nine well exploration and appraisal programme in 2015
– Notification of Discovery announced in October 2016
– Material gas resource announced in February 2017
– Origin acquired Sasol’s 35% interest in May 2017
– Acceleration of exploration and appraisal drilling programme into Stage 2 in August 2018
– Exploration and appraisal activities re-commenced in 2019