0.85P

0.85P

BUILDING A PAN-ANGOLAN/BRAZILIAN ONSHORE UPSTREAM COMPANY

Strategy

Global energy transition underway - however hydrocarbons remain an important element and battery metals fuel the energy transition

Angola/Brazil are prolific oil and gas producers with
common geology, language and historic ties

Operations & Investments

Multiple Brazilian opportunities under review
alongside further consolidation in Angola
Preference for production and development,
operator status and majority positions over time
Upside exposure from blue sky exploration potential
and legacy upstream battery metals portfolio

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