300000 E 350000 E 400000 E 450000 E

7550

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N75

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0 N

7450

000

N

300000 E 350000 E 400000 E 450000 E

7550

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N75

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0 N

7450

000

N

TLOU ENERGYBotswana CBM Project - Technical

www.tlouenergy.comcontact 210 Alice Street, Brisbane QLD 4000, AustraliaTF

+61 (0) 7 3012 9793 +61 (0) 7 3003 0675

Ground Floor, Victoria House, 132 Independence AvenueGaborone, Botswana

+267 316 0857T

BRISBANE (HEAD OFFICE) GABORONE

Date: January 2016

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C1-2X 479.0 52.1

C4-2X 575.3 163.5

D3-3X 577.4 189.3

H3-1X 605.7 309.0

D2-1XR 530.7 200.7

B6-1X 479.8 175.2

C1-2X 575.3 163.5

G5-1X 692.4 234.9

A3-2X 556.3 126.6

A5-1X 265.4 45.8

C4-1XR 592.2 322.5

C4-3XRR 566.5 225.0

F1-1X 613.7 232.4

H3-2X 659.5 383.8

L2 635.0 +18

M1 393.0 +35

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Well Name

Core-Hole Evaluation

Wellsite Evaluation Specialist Laboratory Analysis

Lower Morupule Seam

Lower Morupule

Depth toTop Coal

CoalThickness

Sub-Surface Control

Loose desert sands

Late Triassic-Early Jurassic. Commonly referred to as ‘Basalt’

Main aquifer in the basin. Cleanest sandstone lies directly underneath the basalt and becomesmore silty at depth.

MosolotsaneFm

NtaneFm

StormbergBasalt

KalahariBeds

ThabaldFm

The uppermost of the coalformations

Se

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The middle of the three coal formations. The thickest and most laterally continuous. The main CBM coal target is at the very base of theMorupule Formattion.M

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am

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The deepest of the three coal formations. Gross thickness can vary.

Formation Description

Ecca G

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p

Tia

pan

a F

mM

ea F

m

Cross-Section

Selemo 4A

Selemo 1AR

Selemo 2A

Selemo 1B

Selemo 4P

Selemo 1P

Selemo 2P

2015 2020 2025 2030 2035 2040 2045

YEAR

Gas Rate

Water Rate

Plan View of Selemo Wells

KEY INFORMATION - 31 December 2016

ASX Stock CodeShares on IssueCash in Bank

TOU237m$2.4m

AIM Stock Code TLOU

A A’Coal Depth

Coal Thickness

Coal gas contact

Permeability (Selemo)

Gas Composition (Selemo)

average ~450m (~350 - 800m)

~5.5 - 7.2m

~6cc/g (daf)

~5 mD

~85% methane

RG045-3 RG045-2 C4-1XR D3-3X C4-3XRR C1-2XC4-2XSelemo Lesidi

Stratigraphy

Modelled Tlou Gas ProductionProfile Over Time

Aeromagnetic Map

(Long Well Life)

MONTAGE 2www.tlouenergy.com MARCH 2017

SW NE00

100

200

300

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500

600

00

100

200

300

400

500

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RG045-2 WellKG03

SELEMO

LESEDIC1-2X

SELEMO

D3-3X

RG045-3

RG045-2

RG017

LESEDI

C4-1XR

C4-2X

C1-2X

D3-3X

RG045-3

RG045-2 C4-1XR

C4-2X

RG017

KG

-03

KG

-03

Tlou Energy Field Camp

0 10 20km

N

A

A’

A

A’

Seismic