Conrad Asia Energy Ltd. · ASX:CRD
Conrad Asia Energy — Investor Presentation (June 2026)
19 slides from Conrad Asia Energy's investor presentation, Jun 30, 2026
Slide 1: Developing the fully funded Mako Gas Project
For personal use only ASX: CRD | INVESTOR PRESENTATION Conrad Asia Energy Ltd Developing the fully funded Mako Gas Project Investor Presentation June 2026
Slide 2: Important Notice and Disclaimer
INVESTOR PRESENTATION | ASX: CRD Important Notice and Disclaimer For personal use only This presentation is dated 02 June 2026 and has been prepared by Conrad Asia Energy Ltd (the "Company" or "Conrad"). The presentation does not purport to contain all CAUTIONARY STATEMENT the information that a pro
Slide 3: Company Snapshot
INVESTOR PRESENTATION | ASX: CRD Company Snapshot For personal use only Indonesia-based, ASX-listed gas developer currently developing the largest undeveloped gas field in the Natuna Sea LAST CLOSE (26 June 2026) A$0.41 MARKET CAPITALISATION ~A$80m 3 Operated PSCs in Indonesia Fully Funded Mako Gas
Slide 4: Asia. The fastest-growing energy region.
INVESTOR PRESENTATION | ASX: CRD Asia. The fastest-growing energy region. For personal use only Gas will play an important role powering economic growth and enabling a cleaner energy transition in Indonesia and adjacent South-East Asian markets. Conrad's gas is targeted at South-East Asia, a region
Slide 5: Board of Directors
INVESTOR PRESENTATION | ASX: CRD Board of Directors For personal use only With a strong technical, operational and financial track-record PETER BOTTEN MILTOS XYNOGALAS DAVID JOHNSON PAUL BERNARD JEREMY BREST MARIO TRAVIATI • Extensive worldwide experience in • Geoscientist with 35+ years’ upstream o
Slide 6: Conrad is now a Gas Developer
INVESTOR PRESENTATION | ASX: CRD Conrad is now For personal use only a Gas Developer Conrad has taken Final Investment Decision (FID) on the Mako Gas project, secured full financing and contracted for all long lead time items. A strategically located, long-life, low-cost gas project delivering stron
Slide 7: Attractive portfolio of operated PSCs
INVESTOR PRESENTATION | ASX: CRD Attractive portfolio of operated PSCs For personal use only Mako Gas Field ⚬ Duyung PSC, 76.5% ⁽¹⁾, operated interest ⚬ After completion of various announced transactions, Conrad will have an effective 22.875% interest in the block ⚬ 2P Reserves of 330 Bcf (170 Bcf n
Slide 8: Mako Gas Project: Conrad's Anchor
INVESTOR PRESENTATION | ASX: CRD Mako Gas Project: For personal use only Conrad’s Anchor A FUNDAMENTAL TRANSFORMATION IN 2026. Following Final Investment Decision on 3 March 2026, Conrad has completed the transition from an exploration and appraisal company into a fully funded, fully contracted gas
Slide 9: Mako: Attractive Development. Largest Undeveloped Gas Field in the South Natuna Sea
INVESTOR PRESENTATION | ASX: CRD Mako: Attractive Development. Largest For personal use only Undeveloped Gas Field in the South Natuna Sea FULLY FUNDED KEY HIGHLIGHTS THROUGH DEVELOPMENT (3) • 330 Bcf gross 2P Reserves (100%) • Strategic transaction/financing with (170 Bcf net to CRD) (1) Nations be
Slide 10: Mako Execution on Track. First Gas 4Q 2027
INVESTOR PRESENTATION | ASX: CRD Mako Execution on Track. First Gas 4Q 2027 For personal use only >80% capex already committed Summary of Key Awards To Date Drilling Rig 6 $320M >80% ~60% 4Q27 MOPU DUTA MARINE wells planned capex fully funded (1) capex committed target local content target first gas
Slide 11: Mako is Fully Funded. No equity dilution to Conrad
For personal use only INVESTOR PRESENTATION | ASX: CRD Mako is Fully Funded. No 75% Nations FUNDS 75% Nations funds 100% of its 75% equity dilution to Conrad participating interest costs directly to bring field to production WNEL 25% CARRIED 25% Nations carries WNEL’s 25% through Phase 1 development
Slide 12: Milestone: First tranche of consideration received
For personal use only INVESTOR PRESENTATION | ASX: CRD Milestone: First tranche of consideration received In addition to funding for the Mako development, the farm-down includes cash payments to Conrad On 23 February 2026, all conditions precedent for the Nations Natuna Barat PI Transfer became effe
Slide 13: Mako Cash Flow Generation Capacity
INVESTOR PRESENTATION | ASX: CRD Mako Cash Flow Generation Capacity For personal use only CRD Share of Cumulative Cash Flow before Debt Service vs Market Cap (US$ million) (1) ● With attractive oil-linked gas prices, Mako’s cash flow (sensitivity to various sales scenarios assuming US$75/bbl Brent p
Slide 14: Aceh: Shallow Water Discovered & Prospective Resources
INVESTOR PRESENTATION | ASX: CRD Aceh: Shallow Water Discovered & Prospective Resources For personal use only ● Conrad is operator of two PSCs covering 20,000 sq kms and holds a 100% interest in each. Each PSC has a 30-year tenure. Water depths vary between 5 - 1,500 metres. The PSC’s have attractiv
Slide 15: Aceh: Shallow Water Discovered & Prospective Resources
INVESTOR PRESENTATION | ASX: CRD Aceh: Shallow Water Discovered & Prospective Resources For personal use only Discovered Contingent Resources (2C) Gross Net ● The two PSCs contain numerous offshore gas discoveries and Meulaboh 95 69 an inventory of Prospects & Leads ONWA Meulaboh East 25 18 ● Additi
Slide 16: Aceh Next Steps – Shallow-Water
INVESTOR PRESENTATION | ASX: CRD Aceh Next Steps – Shallow-Water For personal use only 3D seismic over the cluster of ONWA Outline of Planned 3D & Seismic Section with OSWA Outline of Singkil Area & Section with Leads discovered resources in ONWA is Leads adjacent to the existing discoveries (1) (2)
Slide 17: Aceh Next Steps – High Impact Exploration
INVESTOR PRESENTATION | ASX: CRD Aceh Next Steps – High Impact Exploration For personal use only Lead PL-1: 4-Way Dip Closure with Direct Hydrocarbon Indicators Lead MM13F: Stratigraphic Trap supported by Amplitude vs Offset Response 17
Slide 18: Execution. Path to first gas – Q4 2027.
For personal use only INVESTOR PRESENTATION | ASX: CRD Execution. Path to first gas – Q4 2027. Nov 2025 Mar 2026 Q2 2026 2026–27 Q4 2027 Nations Farm-Down FID Approved 80%+ Contracted Construction FIRST GAS Definitive documentation Project sanctioned, full Major contracts awarded; carry Drilling, fa
Slide 19: Thank You
For personal use only INVESTOR PRESENTATION | ASX: CRD THANK YOU CONRAD ASIA ENERGY 84 Amoy Street #03-01 Singapore 069903 info@conradasia.com +65 6517 9700 JANE MORGAN Investor & Media Relations jm@janemorganmanagement.com.au +61 405 555 618 Authorised by the Board of Directors of Conrad Asia Energ
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