Forte Energy Limited · ASX:FEL
Forte Energy — Investor Presentation (May 2026)
12 slides from Forte Energy's investor presentation, May 13, 2026
Slide 1: Alaska - Proven and Underexplored Oil Province
ALASKA - PROVEN AND For personal use only UNDEREXPLORED OIL PROVINCE Investor Presentation May 2026 WWW.FORTEENERGY.COM.AU
Slide 2: Legal Disclaimer
LEGAL DISCLAIMER For personal use only This document is for information purposes only. It is not a prospectus, disclosure document or offering document under Australian law or under any other law and does not constitute an offer or invitation to apply for securities. This document is not an offer of
Slide 3: Introduction
FORTE ENERGY LIMITED INTRODUCTION § ASX-listed junior energy explorer (ASX:FEL) For personal use only § Experienced energy board refocusing asset portfolio to high impact exploration assets § Acquiring material positions in proven petroleum provinces which offer deal-flow and near-term drilling oppo
Slide 4: Corporate Snapshot
CORPORATE SNAPSHOT 5% Forte Energy Limited (as of 12 May 2026) Board & 42.5% Management Dougal Ferguson Share Price $0.005 Top 20 For personal use only Shareholders Non-Executive Chairman Market Capitalisation ~$4.3 million Shares on Issue ~866 million 52.5% Balance of Unlisted Options 5 million Sha
Slide 5: Why the NPR-A?
WHY THE NPR-A? § Historically underexplored, yet exploration has a high success rate since c. 2013 For personal use only § Significant world-class discoveries at Willow, Pikka, Horsehoe & Narwhal § Recently re-opened for hydrocarbon exploration § Offers targets with billion barrel+ potential § Proxi
Slide 6: The Nanushuk Play
THE NANUSHUK PLAY § Emerging conventional oil play, since 2013 Pikka discovery For personal use only § Cretaceous-aged sedimentary rocks deposited as a vast deltaic system that prograded eastward into the Colville Basin § Characterised by deltaic, shoreface, and fluvial sandstones within the topsets
Slide 7: Forte Energy Focus
FORTE ENERGY FOCUS § 100% operated interest across 15 leases totalling 156,588 acres For personal use only (634 km2) Horseshoe/Pikka/Narwhal § Initial leases focused on Harrier prospect (Nanushuk/Torok play) (Combined 1.9 to 4.4 Billion Bbls and Umiat oil field recoverable) § Harrier prospect situat
Slide 8: Merlin & Harrier
Merlin & Harrier Harrier analogues to recent discoveries Prospect § Significant prospect within prolific Nanushuk/Torok trend Harrier (Nanushuk) § Delineated by existing seismic data with local well control For personal use only § Two shallow targets (Nanushuk) and two deeper (Torok) targets § Areal
Slide 9: Umiat Oil Field
UMIAT OIL FIELD § Discovered 1945 by US Navy § 14 wells drilled to date For personal use only § Nanushuk sandstone reservoirs within structural anticline trap § Estimated 1 billion barrels OOIP of 37 API ° oil § Shallow (<2,000 ft) within and beneath permafrost § Low energy reservoir system has prev
Slide 10: Umiat Deep Prospectivity
widespread event and two lesser events (Fig. 3). The seismic s showed that some of the AVO events stopped for no apparent UMIAT DEEP PROSPECTIVITY raising questions concerning their validity (Fig. 4). § Recently awarded leases extend FEL For personal use only footprint to west of Umiat oil accumulat
Slide 11: Near Term Focus: Value Creation in Alaska
NEAR TERM FOCUS VALUE CREATION IN ALASKA § Low-cost operator with rejuvenated § Targeting material equity interests as For personal use only board and strategy, and minimal currency for subsequent farm down to corporate overheads drilling § Experienced board with excellent track § Initial acquisitio
Slide 12: Forte Energy Limited
Forte Energy Limited For personal use only (ASX:FEL) 3 Richardson Street West Perth, Western Australia, 6005 info@forteenergy.com.au AUSTRALIA +61 8 6319 1900 (Australia) www.forteenergy.com.au