20240207_ELSA_Laporan Informasi dan Fakta Material_31575997_lamp2.pdf

Contact Person:
Jayanty Oktavia Maulina (Anty)
Manager of Corporate Communications
Graha Elnusa 16th Floor, Jl. TB Simatupang Kav. 1B, Jakarta 12560
Tel: (021) 7883 0850 | Fax: (021) 7883 0907 | Mob: +62813 1787 1717
E-mail: jayanty.maulina@elnusa.co.id

PRESS RELEASE
    Elnusa Contribution of in Increasing Gas Production at
                      Prabumulih Field
Jakarta, 6 February 2024 – PT Elnusa Tbk (ELNUSA IDX: ELSA), a leading energy services company under Pertamina's Upstream
Subholding, actively contributes to the increase in gas production at Prabumulih Field managed by PT Pertamina EP (PEP)
Prabumulih Field as part of PT Pertamina Hulu Rokan (PHR) Regional Sumatra Zone 4, a subholding under Pertamina's Upstream
division.

It is noted that PT Pertamina EP Prabumulih Field has successfully completed drilling three development wells, namely PMN 12, 13,
and 14, in Lecah Village, Lubai Ulu District, Muara Enim Regency, South Sumatra. As a result, gas was obtained at the Pakugajah Qg
Gas Collection Station (SPG) totaling 11.82 MMSCFD (million standard cubic feet per day) from the combination of wells PMN 12,
13, and 14 on January 22, 2024. Currently, oil production from PHR Regional Sumatra Zone 4 is approximately 24,000 bopd (barrels
per day) and gas production is 452 MMSCFD.

Elnusa's Director of Operations, Endro Hartanto, revealed that Elnusa's involvement in Prabumulih Field spans over 20 years, during
which Elnusa has assisted PT Pertamina EP in hydrocarbon exploration, particularly through Wireline Logging Services. Additionally,
Elnusa has been involved in exploration drilling activities in Prabumulih Field through Mud Logging Unit and Drilling Fluid Services.

"For Wireline Logging work in Zone 4 of Prabumulih Field, we play a role in activities such as Open-Hole Logging, Cased-Hole Logging,
Perforation, and Pipe Recovery. Elnusa provides state-of-the-art technologies, thus demonstrating tangible results through
production achievements that align with predetermined targets," he said.

Endro emphasized that Elnusa provides the best quality data recorded from the latest and high-tech equipment used in Wireline
Logging operations, hence PT Pertamina EP is optimistic about seeking additional oil and gas resources in Prabumulih Field.
"Elnusa's track record has been good, both in terms of price and the quality of data provided, which are quite competitive. This
means that in our services, we offer best value, good quality at a good price for our clients," he added.

Moreover, Elnusa continuously promotes HSSE aspects to the entire team to ensure optimal and safe work outcomes. Elnusa
consistently recruits the best human resources to support operations in Prabumulih Field. Furthermore, from an equipment
perspective, the Company has added several new units and made equipment investments. "We actively promote work safety
guidelines and provide training, even to technology providers, hence Elnusa has achieved Zero Accident without injury and fatality
since our presence there," he explained.

The increase in gas production at Prabumulih Field demonstrates the promising hydrocarbon potential there. Looking ahead, Endro
stated that Elnusa will continue to support by providing superior total energy service solutions to achieve production targets set by
Pertamina EP and contribute to realizing the Government's targets for oil production of 1 million barrels per day and gas production
of 12 BSCFD by 2030," Endro concluded.

About Elnusa (IDX: ELSA)
Elnusa is a subsidiary of PT Pertamina Hulu Energi (PHE) incorporated in Subholding Upstream Pertamina. As a total energy services solution
company, Elnusa has core competencies in upstream oil and gas services, supporting services, and energy distribution and logistics services. The
upstream oil and gas service line includes Geoscience & Reservoir services (land, transition zone & marine, and data processing), oil and gas field
drilling & maintenance services (drilling & workover), engineering, procurement, construction & operation maintenance (EPC-OM) services.
Supporting service lines include marine support services, fabrication, to data management. The energy distribution and logistics service line includes
fuel transportation services, depot management, and chemical sales. Currently, Elnusa serves national and international oil and gas companies,
including Pertamina Group, British Petroleum, Conoco Phillips, Soco Exploration (Vietnam) Ltd, etc. Elnusa is listed on the Indonesia Stock Exchange
with the issuer code 'ELSA' and has five subsidiaries that support its competence. Detail information can be accessed at www.elnusa.co.id.