Esso has developed this EP in accordance with the applicable legislative requirements, to manage the environmental impacts and risks associated with JUR Kipper Stage 1B Drilling activities, to be completed by a Jack-Up Rig (JUR) within the Petroleum Safety Zone (PSZ) at the existing Kipper subsea facility in the Gippsland Basin.

The JUR Kipper Stage 1B Drilling Operational Area (OA) for the purposes of this EP lies within Production License VIC/L25 and is defined by the existing 500m PSZ around the Kipper subsea facility, whilst the activity is taking place at that location. The activities included in the scope of this EP are JUR positioning, drilling, completion installations, subsea tree installation, flying lead installation, support vessels activities, remotely operated vehicle (ROV) activities and use of helicopters. The EP also includes a contingency activity if the new well does not flow as expected, whereby the JUR will return to the well to undertake well stimulation/remediation activities including flow back and flaring.

The earliest date of commencement of JUR Kipper Stage 1B Drilling is expected to be in 2025 when the JUR completes the previous activities. It is expected that the drilling, completion, and associated activities with the single KPA-A3 well will take approximately 90 days (inclusive of JUR positioning activities), dependent on weather, scheduling and operations performance.

In the unlikely event that production fluids are required to be flowed back to the JUR to
facilitate production, the JUR may return to the Kipper subsea facility to undertake remedial activities which may including flaring. Should remedial work be necessary, this may occur in 2026 or early 2027 and is included within the scope of this EP.