Sampang

Net profit after tax improve d by $58m on prior comparative period Revenue up 106% on prior comparative period More growth projects to come

• Revenue stable at $36.0m ($37.3m last year)• NPAT – Loss of NZ$43.3m impacted by $35.4m exploration expense and $6.7m FX loss• Steady production performance• Expected revenue and NPAT improvement from Amadeus.

New Zealand Oil & Gas subsidiary, Cue Energy Resources, has made an announcement that the Drill Stem Testing (DST) of the Paus Biru-1 exploration well, as announced on 13 November 2018, has been completed.