presentation - Ophir Energy

Tanzania LNG – Positioned for SuccessWorld scale resource with partner alignmentWorld ClassResource BaseKey StakeholderAlignment• 15.0 TCF 2C recoverable resource discovered across Blocks 1, 3 and 4 – sufficient to underpin a twotrainLNG project• Further >70 TCFe exploration upside across Block 1,3&4, Block 7 and East Pande• Tanzanian Government agreement to LNG exports; commercial framework already established• Fields located solely within block boundaries – unitisation not required• Option for Ophir and BG to develop two‐trains independentlyProven DevelopmentCapabilities• BG is a top 5 LNG player globallyContinued AsianDemand• Well positioned to serve Pacific Basin – c.70% of the world’s LNG demand• Recent acquisitions / farm‐ins by Asian players validate resource appetiteBlock 1,3&4Block 7 and E. Pande explorationPre‐FEED and FEED>70 TCFeUpsideTarget FIDFirst gasJodari‐1 DST Successful2013‐2015 2019/202020169