25MMSCFD Tanjung Enim Gas Development to be fully funded

• Lead EPCC Contractor: Pursuant to a Collaboration Agreement signed with PT Beijing Energy Linking (“PT BJEL”), PT BJEL is to be appointed as Lead EPCC contractor for NuEnergy’s Tanjung Enim Plan of Development 1 (“POD 1”), the first CBM POD in Indonesia • Fully Financed Development: PT BJEL will finance 100% of the field development under a capped contract price, to be repaid via future gas sale