Business Area. Business Activities P 02 P 02 P 03 P 03 P 03 P 03 P 04 P 04 P 05 P 05 P 06 P 06. The UK U.S.A. Canada. Thailand. Vietnam.

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3 Business Area Business Activities The UK U.S.A. Project Company P 02 P Canada P Thailand P Vietnam P Myanmar P Malaysia P Indonesia 09 Australia 10 Papua New Guinea UAE/Qatar 13 Japan P 04 P 05 P 05 P 06 P 06 Further details of our activities can be confirmed on our Company Web site. WEB JX Nippon Oil & Gas Exploration Corporation s Web site 1

4 01 The UK The 01 UK Oil and Gas Fields of JX Nippon Exploration and Production (U.K.) U.S.A. 02 Fields/Prospects in the Gulf of Mexico 02 U.S.A. Main assets News Topic CO2-EOR Project 2

5 *Net Production:CY2016 Oil fields Gas fields Oil pipelines Gas pipelines Canada 03 Syncrude Project Thailand 04 Block B6/27 03 Canada Blocks of Mocal Energy Mocal Energy is local subsidiary funded 100% by Japan Canada oil, a Japanese company 04 Thailand Block of JX Nippon Oil & Gas Exploration Vietnam 05 Block 15-2 Blocks 05-1 b/c 05 Vietnam Block of Japan Vietnam Petroleum Company Block of JX Nippon Oil & Gas Exploration 06 Myanmar Myanmar 06 Blocks M-12, 13, 14 Blocks of Nippon Oil Exploration (Myanmar) 3

6 Malaysia 07 Blocks SK10 and SK8 Offshore Sarawak Deepwater Block R 07 Malaysia JX Nippon Oil & Gas Exploration (Malaysia) JX Nippon Oil & Gas Exploration (Sarawak) Block of JX Nippon Oil & Gas Exploration (Deepwater Sabah) Indonesia 08 Tangguh Joint Venture Project Sanga Sanga PSC Block 08 Indonesia Blocks of Nippon Oil Exploration (Berau) Integrated blocks of Berau, Wiriagar and Muturi 4

7 *Net Production:CY2016 Oil fields Gas fields Oil pipelines Gas pipelines Australia 09 Mutineer-Exeter, Finucane South Oil Field and Other Oil Fields Block WA-290-P/WA-49-R Block WA-435-P WA-437-P WA-320-P WA-155-P(2), WA-517-P 09 Australia Blocks of JX Nippon Oil & Gas Exploration (Australia) Pty Ltd. Papua 10 New Guinea PNG Oil Fields, PNG LNG Project, Block PPL Papua New Guinea Blocks of Merlin Petroleum Blocks of Nippon Oil Exploration (Niugini) Ltd 5

8 11 12 UAE/Qatar ADOC Project Bunduq Project Block A (Pre-Khuff) UAE/Qatar Japan 13 Exploration Blocks The Nakajo Oil and Gas Field Iodine 13 Japan Areas of JX Nippon Oil & Gas Exploration 6

9 Overview Company Name Head Office Date of Establishment Paid-in Capital Shareholders President Businesses Number of our company s Employees URL Corporate Data Corporate Social Responsibility Dept. Organization HSE Dept. Corporate Planning Dept. Shareholders Meeting Board of Directors President Corporate Auditors Corporate Auditors' Office Technical Strategy Dept. Technology Management Dept. General Administration Dept. International Legal Dept. Human Resources Dept. Finance & Accounting Dept. Executive Officers Business Division 1 Project Coordination & Business Development Dept. 1 Technical Dept. 1 Business Division 2 Project Coordination & Business Development Dept. 2 Technical Dept. 2 7

10 Company History Company History (JX Nippon Oil & Gas Exploration Corporation) Company History (Nippon Oil Exploration Limited) Company History (Japan Energy Development Co., Ltd.)

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12 Offices As of April 1, 2017 Head Office (Japan) London (U.K.) Houston (U.S.A.) Ho Chi Minh (Vietnam) Vung Tau (Vietnam) Miri (Malaysia) Kuala Lumpur (Malaysia) Jakarta (Indonesia) Doha (Qatar) Nakajo (Japan) Other Rio de Janeiro (Brasil)

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