Seascape Energy Asia Plc · LSE:SEA
Seascape Energy Asia — Shareholder Meeting (June 2026)
14 slides from Seascape Energy Asia's shareholder meeting presentation, Jun 25, 2026
Slide 1: Seascape AGM 2026
Seascape AGM 2026 25 June 2026
Slide 2: Seascape Energy: a Malaysian E&P pure-play
£60 million £9 million 64 mmboe 324 mmboe market cap (approx.) Cash @ Q2-26, no debt1 certified 2C resources2 net mean prospective resources2 Temaris Cluster Block 2A DEWA Cluster SEA 100%, operator SEA 10% (INPEX 42.5%, Petronas 40% Petros 7.5%) SEA 28% (EnQuest 42%, Petros 30%) • ~250 bcf gas deve
Slide 3: Asian LNG Supply
Asian LNG Supply Global events to accelerate regional response Renewed focus on 23% security-of-supply Middle East • reinforces Asian-gas- into-Asia thematic Malaysia is a key regional LNG supplier 12% • balance domestic vs Total Share of Global LNG Exports (%) 30% Malaysia export demand 20% Malaysi
Slide 4: Malaysia: top-tier upstream investment destination
Malaysia: top-tier upstream investment destination Recent transactions demonstrate Malaysia’s continued attractiveness • Total multi-PSC farm-out • ENI JV in Malaysia/Indonesia • EnQuest mature asset sale Multi-faceted drivers • Wide range of opportunities • Excellent data access • Strong, supportiv
Slide 5: Portfolio update
p SEA SEASCAPE ENERGY ASIA Portfolio update
Slide 6: H1 2026 operational highlights
H1 2026 operational highlights Significant progress on Temaris • Field development plan underway, FEED contracts awarded, well design complete • Temaris 3D seismic reprocessing has identified additional near-field exploration • Positive dialogue to gain access to additional acreage within the Southe
Slide 7: Temaris progressing to plan
Temaris PSC (SEA 100%, op) Temaris progressing to plan The Tembakau gas field (246 bcf1) will be produced via two, unmanned platforms tied-back to existing infrastructure starting in 2028 at 100 mmscfd (~17,000 boepd) with significant upside potential. All FEED contracts awarded Mengkuang and key su
Slide 8: Southern Malay Basin
Southern Malay Basin Seascape believes it has a technical and operational advantage to exploit the large, aerially extensive, channelised gas system 2 TERATAI located in the Southern Malay Basin which remains crucial to MBR 2026 filling the near-term forecast gas supply shortfall in Peninsular 3 Mal
Slide 9: Reprocessed Temaris 3D seismic
Reprocessed Temaris 3D seismic A B Temaris PSC MP-FWI reprocessed 3D Seismic Mengkuang Allamanda A B Menggaris Gas Central cloud? Tualang Tualang Multiple, stacked Keladi reservoirs Tembakau Tembakau Contingent gas resource Nearfield Exploration Exploration Prospects Legacy seismic coverage Current
Slide 10: DEWA further potential development synergies
DEWA further potential development synergies DEWA development plans largely complete • Initially targeting D41/D41W fields • >200 bcf resources, additional upside 42% 30% 28% Short extension to FDAP submission date • Potential synergies with asset acquisition recently announced by EnQuest DEWA Bintu
Slide 11: Kertang (2A): +9 TCF H1-27
Kertang (2A): Kasawari (~6 TCF)2 +9 TCF Testing the Giant Gross Mean Unrisked Proposed Prospective Resources1 well location Cycle V/VII: 0.7 TCF Lang Lebah (~5 TCF)3 H1-27 Anticipated drilling, rig tender underway Cycle II/III: 3.4 TCF Nil Cost Cycle I: 5.0 TCF Full, uncapped carry on 1+1 well(s) Ma
Slide 12: Partnering with a market leading bank
Partnering with a market leading bank Mandated Macquarie Bank to structure and execute debt financing for the Temaris and DEWA clusters • Dedicated, specialist team based in-region • Unique capability with long history of upstream financing Multi-tranche facility to meet development expenditure a •
Slide 13: Progressing the portfolio
Progressing the portfolio On the road to first gas in 2028, two FIDs in 2026 Exploit our advantage within the Southern Malay Basin Maximise value from unique position in Malaysia Giant Kertang well H1-27, testing the blue-sky upside 13
Slide 14: seascape-energy.com
seascape-energy.com IR@seascape-energy.com @SeascapeEnergy Seascape Energy Asia
Seascape Energy Asia — Shareholder Meeting (June 2026) on 6ix