NuEnergy Gas Limited received an Acknowledgement Letter from the Indonesia's Special Task Force for Upstream Oil and Gas Business Activities that: confirms the discovery of natural gas in the Muara Enim Production Sharing Contract area; acknowledges the completion of the exploration firm commitments by NuEnergy in respect of the Muara Enim PSC; and allows NuEnergy to submit a plan of development within the next 3 years from 18 January 2021. This represents a positive step in NuEnergy's ongoing strategy to develop the Company's Coal Bed Methane assets in South Sumatra and demonstrates a solid level of support from the Indonesian Authorities keen to see the development of unconventional gas within Indonesia. NuEnergy has a 40% working interest in the Muara Enim PSC, covering an area of 587 km² located in South Sumatra, which is in the vicinity of a major gas supply pipeline servicing a significant portion of Indonesia. NuEnergy has drilled 2 core hole wells, 2 exploration wells, and 1 production test and dewatering bore in the Muara Enim PSC area.