Eastern Gas Corp Ltd · ASX:EGA
Eastern Gas — Investor Presentation (May 2026)
13 slides from Eastern Gas's investor presentation, May 28, 2026
Slide 1: Unlocking New East Coast Gas Supply
For personal use only UNLOCKING UNLOCKING NEW EAST COAST GAS SUPPLY NEW EAST COAST GAS SUPPLY Transitioning from Concept to Execution 28 MAY 2026
Slide 2: Important Information
Important Information Important Information Extent of Information This document has been prepared by Eastern Gas Corporation Ltd (“Company”). This Presentation, including the information contained in this disclaimer, does not constitute an offer, invitation or recommendation to subscribe for or purc
Slide 3: Investment Highlights
Investment Highlights Investment Highlights For personal use only • ~479 PJ* (2C) and ~970 PJ (3C)* certified gas resources • Located near major infrastructure and gas hubs • Drilling catalysts in Q2 2026 • 100% owned strategic gas assets in the Surat and Cooper Basins • Compelling exposure to East
Slide 4: Recent market developments underpinning new Domestic Gas Supply
Recent market developments underpinning new Domestic Gas Supply Recent market developments underpinning new Domestic Gas Supply For personal use only Global Energy Markets Australian Domestic Gas Policy Implications for EGA • Middle East instability supporting oil and • Australian Government progres
Slide 5: East Coast Gas Market Entering Structural Supply Deficit
East Coast Gas Market Entering Structural Supply Deficit East Coast Gas Market Entering Structural Supply Deficit For personal use only Domestic gas prices structural band shift from $4-6/GJ to $10-15/GJ Expected LNG netback pricing through to 2030 Structural Drivers Market Outlook Implications for
Slide 6: Eastern Gas Asset Overview
Eastern Gas Asset Overview Eastern Gas Asset Overview Strategic gas assets Located adjacent to Wallumbilla Gas Hub and Moomba processing and pipeline across two prolific For personal use only infrastructure petroleum basins Access to domestic and export markets Leveraged to additional commercialisat
Slide 7: Project Venus (ATP 2051) – near-term appraisal and development catalyst
Project Venus (ATP 2051) – near-term appraisal and development catalyst Project Venus (ATP 2051) – near-term appraisal and development catalyst Located on the highly productive For personal use only Walloon CSG fairway, Surat Basin Highlights: ✓ Certified Resources –130PJ (2C), 158 PJ (3C) ✓ Adjacen
Slide 8: Project Venus – Target Coal Seam
Project Venus – Target Coal Seam Project Venus – Target Coal Seam Macalister Seam of the Upper Juandah • Coal properties within ATP 2051 consistent with the producing play fairway For personal use only • Macalister is one of the primary contributors to production in producing fields around Chinchill
Slide 9: Venus-2H Drilling Catalyst
Venus-2H Drilling Catalyst Venus-2H Drilling Catalyst Drill and flow test two horizontal wells For personal use only Venus-2H located in NE area of ATP 2051 Objectives: • Demonstrate commercial gas flow rates • Convert Contingent Resources to Proven Reserves • Progress development pathway Potential
Slide 10: Near-Term Milestones
Near-Term Milestones Near-Term Milestones RIG TO BE DEPLOYED FOR THE UPCOMING APPRAISAL INDICATIVE TIMING FOR UPCOMING DRILLING CATALYSTS For personal use only PROGRAM AT THE VENUS PROJECT (ATP 2051) Mar Apr May Jun Jul Aug Sep Oct Nov Concept Detailed Design Drilling Flow Test Certification Timing
Slide 11: Windorah Gas Project (ATP 927)
Windorah Gas Project (ATP 927) Windorah Gas Project (ATP 927) Large Basin-Centred Gas Opportunity For personal use only 100% owned asset located in the prolific Cooper Basin 4 wells drilled off structure with gas to surface proving a substantial moveable gas resource Strategic advantages: New lease
Slide 12: Experienced Board and Management
Experienced Board and Management Experienced Board and Management Team with a proven track record of delivering oil and gas development projects For personal use only Corporate Snapshot ( ASX Ticker EGA Shares on Issue 90m Share Price A$0.135 (27 May 2026) Market Cap $12.2M Performance Rights 9m Jam
Slide 13: Contact
Contact Contact For personal use only P +61 2 9955 4008 E investor@easterngas.com.au W www.easterngas.com.au David Spring, Managing Director P +61 497 000 177 E david.spring@easterngas.com.au This presentation was authorised for lodgement with the ASX by the Board EASTERN GAS CORPORATION LIMITED ABN