Red Sky Energy Limited · ASX:ROG
Red Sky Energy — Investor Presentation (September 2026)
25 slides from Red Sky Energy's investor presentation, September 2026
Slide 1: Investor Presentation
Investor Presentation September 2026
Slide 2: Disclaimer and Important Notices
Disclaimer and Important Notices Various statements in this document constitute statements relating to intentions, future acts and events. Such statements are generally classified as forward looking statements and involve known risks, expectations, uncertainties and other important factors that coul
Slide 3: Corporate Snapshot
Corporate Snapshot An experienced team with a proven track record of excellence in oil & gas Corporate ASX Ticker Share Price Shares on Issue Options, Market cap Cash 52 week Unlisted trading range ROG A$0.001 10.57B 1.79B A$15.85m A$6.17m $0.001-$0.006 (14 September 2026) (undiluted) Cash reserves
Slide 4: Portfolio Overview
Portfolio Overview Substantial Oil & Gas production and exploration potential across all projects BLOCK 6/24, ANGOLA 35% 20% working working interest INNAMINCKA, SOUTH AUSTRALIA interest • Ongoing drilling program approved by Operator Santos • Drilled into a producing field • Tied into existing infr
Slide 5: Investment Highlights
Investment Highlights Multiple near-term Already generating De-risked, High-impact, fully Capital-light High-impact offshore Balance sheet catalysts cashflow infrastructure- funded appraisal at exposure to a large oil optionality in funded for the backed growth Willowie 2 oil discovery at Angola cur
Slide 6: Innamincka - Reliable Production, Clear Upside
Innamincka - Reliable Production, Clear Upside Approved by Santos, drilling into a producing field, Innamincka Dome Projects location map and tied into existing infrastructure. with Yarrow and Willowie highlighted Yarrow – Producing Gas Asset 20% • Yarrow 1 online November 2025 1 working interest •
Slide 7: Innamincka – Production History
Innamincka – Production History Innamincka Dome Projects location map Yarrow 1 onstream with Yarrow and Willowie highlighted 1 Refer to ASX Announcement 18 November 2025; 2Refer to ASX Announcement 8 September 2026; 3 Refer to ASX Announcement 10 September 2026. 7
Slide 8: Santos Approved Program – An approved, operator-led development program
Santos Approved Program – An approved, operator-led development program Binding AFE (Authority for Expenditure) executed with Santos in March for 2026 Yarrow development program1 Targets near-term production and cash flow Program represents next phase of development within producing Yarrow field and
Slide 9: 2026 Yarrow Development Program
2026 Yarrow Development Program 20% Program includes: working • Yarrow 4 well - spudded 31 August 20261 interest • Yarrow 5 well - spudded 8 September 20262 • Yarrow N1 well - to be drilled • Drill, fracture stimulate, complete and tie-in Target reservoirs: • Patchawarra Formation • Tirrawarra Sands
Slide 10: Willowie 2 – High Impact, Targeting Rapid Cashflow Generation
Willowie 2 – High Impact, Targeting Rapid Cashflow Generation 20% working Willowie field structure map and seismic section highlighting proposed 2026 Willowie 2 • Binding AFE executed with Santos, confirming interest well and other possible locations (X–X’ cross section)1 commitment to drill1 • Full
Slide 11: Yarrow North 1 – Well Re-Entry
Yarrow North 1 – Well Re-Entry 20% Yarrow North 1 Re-entry (PRL 17) working interest • Re-entry and workover of existing well suspended since 2008 in producing Yarrow gas field; well has never produced • Perforate and hydraulically stimulate Tirrawarra Sandstone; tie into existing Yarrow 1 flowline
Slide 12: Drilling Program Update – Yarrow & Willowie
Drilling Program Update – Yarrow & Willowie Yarrow 4 & 5 Development Wells (PRL 17) 20% working • Civil works for the dual-well pad completed, following interest weather-related delays • Rig 184 mobilised; Yarrow 4 spudded 31 August and reached total depth of 2,908 metres on 6 September1 • Yarrow 5
Slide 13: Yarrow 4 - Intersects Gas Pay
Yarrow 4 - Intersects Gas Pay1 Table 1: Preliminary petrophysical results • Reached total depth of 2,908 metres on 20% Gross sand LDG pay Avg water 6 September 2026 working Formation Interval (m MD) Avg porosity interest (m) (m) saturation • Two gas-saturated zones intersected in Patchawarra 2,818.9
Slide 14: Yarrow 5 - Intersects Gas Pay
Yarrow 5 - Intersects Gas Pay1 Table 1: Preliminary petrophysical results • Reached TD of 2,802m on 13 20% Gross sand Avg water September 2026, ahead of schedule working Formation Interval (m MD) (m) LDG pay (m) Avg porosity saturation interest Patchawarra Formation 2,672.5 - 2,704.5 7.9 6.4 7.2% 26
Slide 15: Yarrow - Cash Flow Now, Growing Fast
Yarrow - Cash Flow Now, Growing Fast Producing & Cash Generative Today 20% • Yarrow 1 & 3 producing, tied directly into Santos’ Moomba- working connected infrastructure interest • A$7.635m in cash receipts since production began, Aug 2023 to Jun 2026 • Sales gas volumes up +34% in Jul 2026 after a b
Slide 16: Killanoola Oil Project - Project Overview
Killanoola Oil Project - Project Overview KILLANOOLA OIL PROJECT 100% working • Located within PRL 13 in South interest Australia’s Penola Trough • 2023 3D seismic program resulted in 46% uplift in Best Estimate Petroleum Initially In Place (PIIP) to 135.5 million barrels1 • Farmin signed with Condo
Slide 17: Killanoola Oil Project - Progress and Next Steps
Killanoola Oil Project - Progress and Next Steps KILLANOOLA OIL PROJECT 100% working • KN2 safely drilled to total depth, with interest hydrocarbons shows confirmed in the Upper Sawpit Sandstone • Well cased and suspended as a potential future producer • Technical evaluation and workover planning to
Slide 18: Angola Projects Overview
Angola Projects Overview Red Sky awarded 35% interest in Block 6/24, offshore Angola, Kwanza Basin Formally signed Risk Service Contract (RSC) in Sept 2025 after 35% working parliamentary ratification in Angola BLOCK 6/24, ANGOLA interest • Significant working interest: Red Sky holds 35% participati
Slide 19: Angola Projects Overview
Angola Projects Overview Maiden resource estimates completed for Block 6/24, Offshore Angola A longer-term opportunity, with ongoing preparatory workstreams 35% BLOCK 6/24, ANGOLA working interest • Cegonha Oil Field (35% WI): 5.1 MMbbl (2C) and 10.8 MMbbl (3C) net contingent resources • Exploration
Slide 20: Strategic Acquisitions
Strategic Acquisitions • Red Sky is assessing opportunities in two regions of interest as part of its strategy of acquiring producing or near production assets Region 2: South-East Asia • The global move to energy transition out of fossil fuels and requirement for scale by the majors has created Reg
Slide 21: Andrew Knox Mark Flynn
Andrew Knox Mark Flynn Managing Director Investor Relations +61 3 9614 0600 +61 416 068 733 andrew.knox@redskyenergy.com.au mark.flynn@redskyenergy.com.au Released with the Authority of the Board
Slide 22: Block 6/24 Offshore Angola - Total PIIP and Resources Summary
Block 6/24 Offshore Angola - Total Petroleum Initially-In- Place (PIIP) and Resources Summary Refer to ASX Announcement “Maiden Resource Estimates for Block 6/24, Offshore Angola,” 10 April 2025 Block 6/24 PIIP and Contingent Resources as of 31 Mar 2025 (MMbbls) Discovered Gross Net Notes: • The abo
Slide 23: Block 6/24, Offshore Angola – Qualified Petroleum Reserves & Resources Evaluator (QP)
Block 6/24, Offshore Angola – Qualified Petroleum Reserves & Resources Evaluator (QP) Competent Person Statement Pursuant to ASX Listing Rules Chapter 5, the technical information and hydrocarbon volume estimates presented in this document are based on and fairly represent the resource assessment co
Slide 24: Innamincka Dome Fields – Qualified Petroleum Reserves & Resources Evaluator Statement
Innamincka Dome Fields – Qualified Petroleum Reserves & Resources Evaluator Statement The estimates in this report that relate to oil and gas Contingent Resources are based on, and fairly represents information and supporting documentation prepared by RISC, an independent oil and gas advisory firm.
Slide 25: Killanoola Oil Project PRL-13 – Certificate of Qualification of Ian D. Buckingham
Killanoola Oil Project PRL-13 – Certificate of Qualification of Ian D. Buckingham, Competent Person I certify that, to the best of my knowledge and belief: - I am a qualified geologist and a Member of the Petroleum Exploration Society of Australia, an Active Member of the American Association of Pet
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