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Narahubung:
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 with Pertamina EP Successfully Completed
             the Kepuh 3D Seismic Project
Jakarta, 5 April 2024 - PT Elnusa Tbk (Elnusa, IDX:ELSA), a subsidiary of Pertamina Hulu Energi which is part of the Pertamina Upstream
Subholding, continues to be committed and contribute to achieving the government program to achieve the target of 1 Million BOPD by
2030. This commitment is proven Elnusa for its success in completing a series of Kepuh 3D seismic survey exploration operations in the
work area, PT Pertamina EP Zone 7 which is part of Pertamina's Regional Java Subholding Upstream on March 25 2024, with completion
6 months faster than the target written in the contract Work.

Thanks to the strong synergy and collaboration between Elnusa and Pertamina EP, the Kepuh 3D Seismic Survey Project which passed
through one district, 19 sub-districts and 66 villages whose area was 80% rice fields, fish ponds and 20% residential areas was successful
in recording 100% completion of the program with the volume of work 501 KM2 with 25,356 firing points and recorded safe working
hours of 1,759,900 without social issues. Apart from that, this project also achieved Zero LTI which proves the Company's commitment
to the HSSE aspect which is carried out in accordance with existing procedural provisions.

Acting Daily Director for Java Regional Director, Ibnu Suhartanto expressed his gratitude for the completion of this seismic survey activity
with satisfactory achievements, "highest appreciation to all the teams involved in this 3D Kepuh seismic survey activity. I also don't forget
to say a big thank you to all stakeholders who have supported this activity so that it runs safely, smoothly and safely. "And hopefully the
work we have done can make a contribution to the country in the form of finding oil and gas reserves in the future," said Ibnu.

Meanwhile, Elnusa Operations Director Endro Hartanto expressed Elnusa's strong commitment in supporting the government's efforts
to achieve the target of 1 million BOPD by 2030. "We are grateful to be able to achieve 100% achievement in this project, with zero work
accidents and without any significant social issues. This "not only shows the professionalism of Elnusa officers, but also Elnusa's
commitment to security and environmental sustainability," said Endro.

Endro added, "The close collaboration between Elnusa and Pertamina EP has accelerated the completion of this project, exceeding the
targets set in the contract. "Thus, these results are also clear evidence of the strength of synergy between companies within the
Pertamina Upstream Subholding in achieving common goals," concluded Endro.

With the completion of the Kepuh 3D Seismic Survey Project, in the future Elnusa is ready to accelerate in optimizing resource allocation,
and pave the way for sustainable development initiatives from economic and environmental aspects. The Company remains steadfast in
its commitment to encourage innovation, foster collaboration, and provide added value to stakeholders.

About Elnusa (IDX: ELSA)
Elnusa is a subsidiary of PT Pertamina Hulu Energi (PHE), which is part of the Pertamina Upstream Subholding, operating in the field of integrated energy
services to provide total solutions. Elnusa has a DNA of resilience and innovation for over 54 years in the energy industry, with core competencies in
upstream oil and gas services, energy distribution and logistics services, as well as support services. The upstream oil and gas services line includes
Geoscience & Reservoir services (land, transition zone & marine, as well as data processing), drilling & field maintenance services (drilling & workover),
engineering, procurement, construction & operation maintenance (EPC-OM) services. The energy distribution and logistics services line includes fuel
transportation services, depot management, and chemical sales. The support services line includes marine support services, fabrication, and data
management. Elnusa is committed to implementing Corporate Governance in accordance with GCG principles to realize a highly competitive, continuously
growing company and provide sustainability for all stakeholders. For more information, please visit www.elnusa.co.id.

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Names mentioned 3 people and organisations named in the text · linked when the evidence is strong

linked org PT Pertamina Hulu Energi p.1 ×2
possible org Elnusa Tbk p.1 ×2
unresolved org PT Pertamina EP Zone p.1

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