Netherlands

Licences cover 663 gross km² through 31 December 2022 and comprise
Licence P10c (249 km²) and Licence P4-P7-P8b (414 km²)

EBN has elected 40% working interest.

Six major Dinantian prospects are identified

Initial well obligation depth 4,000m

Jetex has reprocessed 415 km² 3D seismic (PSDM) and 454 km regional 2D

Resource potential multi-TCF

UK

Licence P2227 (87.5 km²) comprises Blocks 12/28a and 12/29a, Initial term ends 30 November 2020 

Licence P2471 (327 km^2.) comprises Blocks 11/25c, 12/21b, and 12/22. Initial term ends 15 July 2023 

Licence P2475 (436 km²) comprises Blocks 12/23, 12/24, 12/27b, and 12/28b. Initial term ends 15 July 2024 

Jetex has acquired new PSDM 3D over Licence P2227 and an extensive 3D and 2D grid over Licences P2471 and P2475
All blocks have Beatrice Sands as the primary target with secondary Humber and fractured Alness objectives.  Oil gravities are expected to be 35 to 40⁰ API