Quarterly Activities and Cashflow Report - December 2024

The latest quarterly report reflects significant financial achievements and strategic advancements, enhancing investor confidence and operational capabilities.

<ul><li>Achieved A$21.1 million in cash receipts, with net operating cash flow increasing by 667% to A$12.2 million.</li><li>Successfully executed the FMDP project ahead of schedule and under budget, reflecting financial discipline.</li><li>Record net production reached 2,459 BOE per day, a 129% increase quarter-on-quarter.</li><li>Increased average working interest in FMDP wells to approx. 70%, enhancing revenue share.</li><li>Continued preparations for a US listing via American Depositary Shares on NYSE American.</li></ul>

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Quarterly Activities and Cashflow Report - December 2024

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