Macallum New Energy Limited · ASX:MNE

Macallum New Energy — Good Oil & Gas Energy Conference (September 2026)

14 slides from Macallum New Energy's conference presentation, Sep 16, 2026

  1. Slide 1: Advancing the Underexplored South: Leading the next wave of exploration in the Perth Basin

    rsonal use only Advancing the Underexplored South: Leading the next wave of exploration in the Perth Basin Andy Furniss Chief Executive Officer 16 September 2026 ASX: MNE

  2. Slide 2: Disclaimer

    Disclaimer Summary information Forward looking statements This document contains a summary of information about MNE and its activities that is current as at the date of this document. Certain information in this document refers to the intentions of MNE, but these are not intended to be forecasts, fo

  3. Slide 3: Company Overview

    Company Overview Macallum New Energy is a West Australian oil and gas explorer focussed on unlocking the full potential of the onshore North Perth Basin through its 100%-held exploration permits rsonal use only New entrant to the ASX admitted 23rd February 2026 (ASX:MNE) Rare opportunity to invest o

  4. Slide 4: Unlocking the Underexplored South

    Unlocking the Underexplored South The southern half of the Perth Basin is vastly underexplored NORTH SOUTH rsonal use only • 8,400 km2 under permits • 11,500 km2 under permits • 321 Petroleum wells drilled • 53 Petroleum wells drilled • 1 well per 26 km2 • 1 well per 217 km2 • Dense 2D and 3D seismi

  5. Slide 5: EP 494 is Uniquely & Favourably Positioned

    EP 494 is Uniquely & Favourably Positioned Permit sits in the “Goldilocks” zone on the basin margin – not too deep, not too shallow • EP 494 is uniquely positioned for drillable Permian (Kingia) gas rsonal use only Yarra Yarra prospects. Kingia is absent or too deep in most of the southern permits T

  6. Slide 6: Growing Our Resource Base

    Growing Our Resource Base Gas prospective resources approaching 2 Tcf with additional liquids potential • Independently verified 2U Prospective Resources rsonal use only • Near-term cash flow potential from Jurassic oil & gas plays • Significant scope to grow portfolio with additional seismic data *

  7. Slide 7: Barberton Terrace Deep Prospect

    Barberton Terrace Deep Prospect The next big Kingia discovery? Opening up the Perth Basin’s southern Permian play Drill-ready Permian prospect with best estimate rsonal use only Prospective Resource of 1.28 Tcf • Large undrilled 3-way structural trap with a maximum area of ~152km² • Interpreted on n

  8. Slide 8: Jurassic Leads & Prospects

    Jurassic Leads & Prospects Gas targets matured by 2026 Barberton 3D seismic data at modest depths Multiple targets with combined 2U Prospective Resource of 666 Bcf gas rsonal use only Yarra and Gadee • 3D seismic interpretation being finalised with resource update due end of this month • Gadee Prosp

  9. Slide 9: Aberfeldy Prospect

    Aberfeldy Prospect Jurassic structural trap with potential for both oil and gas, up-dip of Dandaragan oil discovery 2U Prospective Resource of 34 MMbbl oil and A A’ rsonal use only 34 Bcf gas# • 16km2 fault-bound structural closure up-dip of Dandaragan-1 (Discovery Petroleum, 1995) and Dandaragan De

  10. Slide 10: Infrastructure & Development Pathways

    Infrastructure & Development Pathways Multiple pathways to commercialisation and early cashflow potential from a discovery Barberton Terrace Deep Gas (Tcf Scale): rsonal use only • Precedents for LNG export & nearby tie-in points to DBNGP • Future spare capacity at Waitsia or Belisama • Phased devel

  11. Slide 11: Look-Through Valuation in a Success Case

    Look-Through Valuation in a Success Case Success at any of the MNE prospects or leads has transformative value for shareholders • Perth Basin M&A activity gives an indication of rsonal use only the potential value of MNE’s assets if a discovery is made • All companies who were acquired had completed

  12. Slide 12: Forward Work Plan

    Forward Work Plan MNE is delivering results against an accelerated timeline • Completion of evaluation of new 3D and 2D seismic surveys rsonal use only • Prospect & lead resource update Q3 2026 • Commence farmout to seek JV partner in Q4 2026 for drilling in 2027 • Detailed well planning & targeting

  13. Slide 13: MNE: A Compelling Investment Case

    MNE: A Compelling Investment Case MNE provides a low-cost, early entry to the next gamechanger well in the Perth Basin Kingia play • Quality assets – unique permit position in the underexplored south of the basin rsonal use only • Experienced management team with a strong pedigree and track record o

  14. Slide 14: Investors & Media

    rsonal use only INVESTORS & MEDIA Andy Furniss Chief Executive Officer enquiry@macnewenergy.com.au ASX: MNE Phone: +61 8 6245 9867 www.macnewenergy.com.au

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