BWERY

BW Energy Limited is an exploration and production (E&P) company. It is involved in the acquisition, development and production of oil and natural gas fields, and holds interests in three hydrocarbon licenses in Gabon, Brazil and Namibia. The Maromba discovery is located approximately 100 kilometers (km) offshore in the southern part of the Campos Basin in Brazil. In Gabon, the Company’s Dussafu license is situated within the Ruche Exclusive Exploitation Area (Ruche EEA), which covers approximately 850 km2 and includes six discovered oil fields and numerous leads and prospects. In Namibia, Kudu gas discovery asset is in the northern Orange sub-basin approximately 130 km2 off the south-west coast of Namibia. It is situated on Petroleum Production license 003 (PPL003) which has an area of over 4,567 km2 and the field water depth is approximately 170 meters. The Golfinho field has six producing subsea wells in Campanian and Maastrichtian-aged reservoirs tied to the FPSO.