NuEnergy Gas Limited announced that approval of an additional exploration time has been granted by the Minister of Energy and Mineral Resources Indonesia for the Muralim Gross Split Production Sharing Contract for a period of 12 (twelve) months from 8 May 2021. The additional time will be utilised to complete the exploration and production testing activities on MU-005 (twin) well which was announced on 24 March 2021. NuEnergy has successfully completed permeability tests and drilled to the targeted depth of 724 meters in vertical depth, at the MU-005 (Twin) well. Four coal seam formations were discovered between the depth of 547 meters to 669 meters and NuEnergy is currently conducting production tests. NuEnergy will continue to perform a few months of dewatering to determine the gas productivity for future development, to be followed by the submission of an Exploration Status Decision proposal and a Plan of Development ("POD") proposal.