EXPLORATION DAILY REPORT

Date : 02 Desember 2022

To : Yuno Rialdi
From : Ryan M. Noor
Project : Exploration Drilling
Concession : IUP PT Mitra Kumala Energy
Location : Kec. Muara Badak, Kab. Kutai Kartanegara, Prov. Kalimantan Timur

PROGRESS (2 Desember 2022)

ID HOLES OPEN HOLE CORING COAL CUTTING/ CORING COAL LOGGING * ACTIVITY HOURS
RIG WELLSITE AREA From To Total Previous Cumm. From To Cored Recovered Rec Previous Cumm. From To Thick From To Thick SEAM
PLAN ACTUAL Description Remark From To AGG
(m) (m) (m) (m) (m) (m) (%) (m) (m) (m) (m) (m) (m) (m) (m)

DHMK_A49 RIG-01 Pardi PIT 0.00 7.70 7.70 860.58 905.58 7.70 8.70 1.00 1.00 100% 34.47 35.47 General Go to Site 7:00 7:30 0.50
AIR MKE 8.70 46.00 37.30 General setup 7:30 9:00 1.50
Work Drilling 9:00 11:32 2.53
Work Coring 11:32 12:00 0.47
Standing Rest & Meal 12:00 12:30 0.50
Work Drilling 12:30 15:20 2.83
General Geophysical loging 15:20 17:30 2.17
General Back to Camp 17:30 18:00 0.50

DHMK_A48 RIG-03 Rasyid PIT 10.00 10.76 0.76 1286.98 1299.36 10.76 11.63 0.87 0.87 100% 57.47 65.09 10.56 13.75 3.19 General Go to Site 7:00 7:30 0.50
AIR MKE 11.63 13.13 1.50 1.28 85% 22.64 25.07 2.43 General Prepare 7:30 8:30 1.00
13.13 14.63 1.50 1.47 98% Work Drilling 8:30 13:00 4.50
14.63 22.82 8.19 22.82 23.82 1.00 1.00 100% Standing Rest & Meal 13:00 13:30 0.50
23.82 25.07 1.25 1.25 100% Work Continue Drilling 13:30 16:45 3.25
25.07 26.57 1.50 1.50 100% General Back to Camp 16:45 17:45 1.00
26.57 30.00 3.43

Total OH 57.38 Total CR 8.62

Previous OH 2141.56 Previous Coring 91.94 * coal interval based on g' logging data

Cumm. OH 2198.94 Cumm. Coring 100.56 ** coal interval based on cutting data
Daily Depth 66.00 TOTAL DEPTH 2299.50

NEXT PLAN (3 Desember 2022)

- RIG-01 : Moving to drillhole DHMK_A50
- RIG-03 : Geophysical logging at DHMK_A51
TIMELINE

TIMELINE
MONTH 3
DESCRIPTION VOLUME UNIT WEEK 14 15 16 17 18
DAY 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121
1 PRE-OPERATIONAL
- Desk Study & Permit 1 day
- Socialization 1 day
- Rig Preparation 1 day
- Rig Mobilization 2 days
2 OPERATIONAL MAPPING
- Drone Photo Mapping
- Hauling Road Mapping
- Geological Mapping
3 OPERATIONAL DRILLING
- Pengeboran Open Hole 1960.00 m 43.30 43.30 43.30 43.30 43.30 43.30 43.30 43.30 43.30 43.30 43.30 43.30 43.30 43.30 43.30 43.30 43.30 43.30 43.30 43.30 43.30 43.30 43.30 43.30 43.30 43.30 43.30 43.30 43.30 43.30
- Pengeboran Coring m
- Geophysical Logging 23 hole
4 PASCA-OPERATIONAL
- Holes Compensation
- Rig Demobilization
- Geological Model
MONTH November 2022 Desember 2022
ACTUAL DATE WEEK 48 49 50 51 52
DAY 27 28 29 30 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26
PLAN 43.3 43.3 43.3 43.3 43.3 43.3 43.3 43.3 43.3 43.3 43.3 43.3 43.3 43.3 43.3 43.3 43.3 43.3 43.3 43.3 43.3 43.3 43.3 43.3 43.3 43.3 43.3 43.3 43.3 43.3

CUM. PLAN 2,148.3 2,191.6 2,234.9 2,278.2 2,321.5 2,364.8 2,408.1 2,451.4 2,494.7 2,538.0 2,581.3 2,624.6 2,667.9 2,711.2 2,754.5 2,797.8 2,841.1 2,884.4 2,927.7 2,971.0 3,014.3 3,057.6 3,100.9 3,144.2 3,187.5 3,230.8 3,274.1 3,317.4 3,360.7 3,404.0

PERCENTAGE 109.6% 111.8% 114.0% 116.2% 118.4% 120.7% 122.9% 125.1% 127.3% 129.5% 131.7% 133.9% 136.1% 138.3% 140.5% 142.7% 145.0% 147.2% 149.4% 151.6% 153.8% 156.0% 158.2% 160.4% 162.6% 164.8% 167.0% 169.3% 171.5% 173.7%
DRILLING PROGRESS
AKTUAL 26.6 37.6 55.5 18.0 10.0 6.0
CUM. ACTUAL 2,112.5 2,150.0 2,205.5 2,223.5 2,233.5 2,239.5
PERCENTAGE 107.78% 109.70% 112.53% 113.44% 113.95% 114.26% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
COAL RECAPITULATION

COAL COAL
NO ID HOLE CUTTING/ CORING G'LOGGING NO ID HOLE CUTTING/ CORING G'LOGGING
SEAM SEAM
FROM TO THICK FROM TO THICK FROM TO THICK FROM TO THICK
1 DHMK_A01C 29.00 31.33 2.33 29.03 31.38 2.35 S1 28 DHMK_A28C 10.13 10.43 0.30
11.70 12.98 1.28 10.17 12.47 2.30 S1 33.80 37.26 3.46 33.12 37.07 3.95
2 DHMK_A02C
55.35 56.35 1.00 55.32 56.73 1.41 S2 29 DHMK_A29 64.47 64.90 0.43
3 DHMK_A03C 25.00 27.40 2.40 24.97 27.42 2.45 S1 30 DHMK_A30 No Coal No Coal
6.00 6.24 0.24 6.60 7.20 0.60 UNK 31 DHMK_A31 No Coal No Coal
4 DHMK_A04C
49.40 51.65 2.25 48.91 51.22 2.31 S1 32 DHMK_A32 26.00 26.50 0.50 26.38 26.70 0.32
5 DHMK_A05C 12.65 12.85 0.20 12.65 12.91 0.26 S1 40.00 40.50 0.50
6 DHMK_A06C 5.73 7.73 2.00 5.54 7.82 2.28 S1 33 DHMK_A33 No Coal No Coal
7 DHMK_A07C 1.50 3.63 2.13 1.31 3.62 2.31 S1 34 DHMK_A34 12.50 12.70 0.20
8 DHMK_A08C 9.15 9.33 0.18 9.16 9.43 0.27 UNK 24.00 26.00 2.00 24.70 26.28 1.58
9 DHMK_A09C 37.20 39.13 1.93 36.93 39.22 2.29 S1 35 DHMK_A35 44.80 45.00 0.20 44.28 44.51 0.23
10 DHMK_A10C 45.75 47.87 2.12 45.72 48.00 2.28 S1 36 DHMK_A36 16.00 16.20 0.20
11 DHMK_A11C No Coal No Coal 25.00 25.50 0.50
12 DHMK_A12 37.00 39.00 2.00 39.02 40.63 1.61 S2 37 DHMK_A37 No Coal No Coal
13 DHMK_A13C 2.15 4.20 2.05 2.00 4.25 2.25 S1 38 DHMK_A38 No Coal No Coal
14 DHMK_A14C 9.75 12.13 2.38 9.81 12.13 2.32 S1 39 DHMK_A39 No Coal No Coal
5.00 6.05 1.05 5.21 6.32 1.11 S1 40 DHMK_A40 No Coal No Coal
15 DHMK_A15C
6.10 6.75 0.65 6.37 7.04 0.67 S1 41 DHMK_A41 No Coal No Coal
16 DHMK_A16C 27.35 29.30 1.95 27.06 29.23 2.17 S1 13.42 15.90 2.48 13.00 14.73 1.73 SA1
42 DHMK_A42C
14.83 15.38 0.55 SA1
6.83 7.78 0.95 43 DHMK_A43C 2.80 5.20 2.40 2.57 4.98 2.41 SA
17 DHMK_A17C 6.85 8.90 2.05 S1
7.85 9.01 1.16 27.38 29.30 1.92 27.51 29.41 1.90 SA
2.25 2.50 0.25 2.18 2.67 0.49 S1 29.32 31.13 1.81 29.43 31.15 1.72 SA
18 DHMK_A18C 44 DHMK_A44C
14.70 14.84 0.14 14.62 14.84 0.22 UNK 40.60 42.37 1.77 40.08 41.69 1.61 SA1
6.30 6.50 0.20 UNK 41.71 42.40 0.69 SA1
19 DHMK_A19C
29.05 30.45 1.4 28.93 30.61 1.68 S1 11.55 13.89 2.34 11.55 13.89 2.34 SA
20 DHMK_A20C 7.20 9.50 2.30 7.2 9.43 2.23 S1 13.90 14.24 0.34 13.90 14.40 0.50 SA
45 DHMK_A45C
5.95 7.78 1.83 6.08 7.88 1.80 25.50 26.85 1.35 14.68 14.91 0.23 SA
21 DHMK_A21C S1
8.37 8.47 0.10 8.44 8.54 0.10 24.63 27.00 2.37 SA1
22 DHMK_A22C 10.45 12.25 1.80 10.32 12.07 1.750 S1 46 DHMK_A46 58.00 61.50 3.50 57.06 60.70 3.64 SA
31.50 31.90 0.40 31.08 31.40 0.32 10.19 11.54 1.35 9.57 10.98 1.41 SA1
23 DHMK_A23 47 DHMK_A47C
65.60 65.72 0.12 11.56 11.65 0.09 11.07 12.00 0.93 SA1
13.50 13.70 0.20 13.60 13.73 0.13 48 DHMK_A48 10.56 13.75 3.19 SA
22.50 24.50 2.00 22.57 24.52 1.95 22.64 25.07 2.43 SA1
24 DHMK_A24
32.50 33.50 1.00 31.63 32.14 0.51 49 DHMK_A49 No Coal No Coal
49.00 50.00 1.00 49.00 49.85 0.85
17.00 18.00 1.00 26.32 26.61 0.29
25 DHMK_A25 43.27 44.00 0.73
59.61 60.57 0.96
26 DHMK_A26 64.50 68.00 3.50 64.46 68.28 3.82
27 DHMK_A27 30.00 31.00 1.00 31.25 31.93 0.68
47.00 48.00 1.00 47.61 48.50 0.89
DRILLING PROGRESS MAP

RIG 1 AIR

RIG 3 AIR
DOCUMENTATION RIG 1 AIR

Drilling DHMK_A47C Cuting to DHMK_A49

Coring to DHMK_A49 Cuting to DHMK_A49

DOCUMENTATION RIG 1 AIR

G’logging DHMK_A49C
DOCUMENTATION RIG 3 AIR

Drilling DHMK_A48C Cutting DHMK_A48C

Coring DHMK_A48C Coring DHMK_A48C

DOCUMENTATION RIG 3 AIR
DHMK_A48