General Updates

BSE Ltd. National Stock Exchange of India Ltd. 25th Floor, P.J. Towers 5th Floor, Exchange Plaza, Dalal Street Bandra – Kurla Complex Mumbai - 400 001 Bandra (E), Mumbai – 400 051 Scrip Code : 530075 Scrip Code: Antelopus (Equity) July 27, 2026 Dear Sir, Sub: Intimation regarding Presentation on Q1 for FY 2026-27 Pursuant to the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed a copy of Presentation on quarter 1 Results for Financial Year 2026-27. Kindly take the above on record. Thanking You, Yours faithfully Yogita Company Secretary & Compliance Officer Antelopus Selan Energy Limited (Formerly known as Selan Exploration Technology Limited) Registered Office Address: 8th Floor, Imperia Mindspace, Golf Course Extension Road, Sector 62, Gurgaon, Haryana-122102, India CIN: L74899HR1985PLC113196| |T: +91 124 6547000 E-mail: admin@antelopusenergy.com | Website: www.antelopusenergy.com Antelopus Selan Energy Limited Q1 FY’27 Results Q1 FY’27 Snapshot Execution & Corporate Updates Continuous drilling execution - Amplified by Commodity Strength ▪ Drillingaheadofschedule.9of10plannedFDPwellsdrilledsofar.Strongexecutionpace&efficiency Bakrol ▪ ContinuousfraccampaignsettocommenceearlyAugust-fullproductivityexpectedtoflowthroughinQ2 ▪ Materialproductionupliftanticipatedpost-fracasnewwellsreachfullpotential ▪ Newwells performingasperexpectations,withproductionsettlingin-linewithplan,postQ4flashproduction Karjisan ▪ FDPfor7newwellsinfinalstagesofapproval ▪ Alltangiblesstockedandinplace,ensuringseamless continuationofdrillinginCambaybasin. ▪ DrillingtocommencebyendFY’27 ▪ Continuestoproducec.140-150boepdprimarilydrivenbywellsputintoproductiononWesternsideoftheBlock Cambay ▪ OnenewwellinH2FY’27,totargeteitherinWestern/CentralareaoftheBlock ▪ MonetizedadditionalgasbylayingnewMDPEpipelinesinWestern/Centralareasofthefield ▪ Won2highlycontestedonshorelicensesinDSFBidRoundIV,inCambay&KGbasin.Awaitingformalaward Corporate ▪ InJune2026,obtainedacreditratingofINDA/Stable/INDA1fromIndiaRatings ▪ Commissioner (Appeals) allowed the Company's refund claim for excess Cess paid in FY21–FY23, of c. ₹6.56 Cr. whichwasearlierexpense. Toberecognizeduponreceiptoffinalorder Q1 FY’27 Sales Snapshot 2,000 Q1’27 Avg. sales: c. 1705 boepd Q4’26 Avg sales: 1758 boepd 1,800 1,600 Sales in boepd 1,400 Bakrol(100% PI) 701 1,200 d Lohar (100% PI) 55 e 1,000 Karjisan(100% PI) 834 Cambay (50% PI) 65 Dangeru(100% PI) 49 Total 1705 * Q-o-Q inventory build up of c. 6500 boepd FY'25 Q1'26 Q2'26 Q3'26 Q4'26 Q1'27 Our guidance of reaching 2,500 boepdin FY’27 remains intact, as impact from Frac will be seen from Q2 onwards Q1 FY’27 Snapshot Strategic Updates Sales Volumes & Total Income Sales in boepdand Revenue in INR Cr. Prices Powered the Quarter with Execution upsides expected from Mid- Sales Volumes Total Income 2000 1758 1705 1500 1063 Key Takeaways 1000 ▪ Averagesalesstayedflat(takingintoaccountinventorybuildup) 54 104 132 ▪ OilandGasProductmixc.80%Oilandc.20%Gas Q1 FY'26 Q4 FY'26 Q1 FY'27 ▪ Incrementalrevenue—acleanEBITDAflow-through ▪ Custody transfer to IOCL ran for only ~86–87 days this quarter, and resulted in a build-up of c. 6,500 bopd of crude inventory during the Quarter. A once-a-year EBITDA & Profit after Tax timingissue,whichwillnormalizenextquarter. INR Cr. EBITDA PAT ▪ EBITDA at c. Rs 93.2 Cr. (c. +57% q-o-q) & EBITDA margin at c.70% ; Profit After 93.2 TaxatINR53.8Cr,up(c.+42%q-o-q); 59.4 53.8 38.0 29.8 11.3 Q1 FY'26 Q4 FY'26 Q1 FY'27 * PAT Including OCI Asset Updates: Cambay Basin: Bakrol Field Area: 36 Sq. Km ▪ Reservoirs of interest: Kalol VIII A, Kalol VIII B, and Kalol IX are the three core reservoir zones targeted across our appraisal and development drilling ▪ Bakrol exploitation approach: The block is divided into 9 aerial segments. Our phased drilling, systematically focused on mapping the lateral extent of each reservoir zone into these aerial segments. ▪ Bakrol Phase 1 drilling (2023 campaign): Moved to Eastern areas, with 6 wells drilled, which increased mapped in place volumes and de-risked Eastern segments ▪ Bakrol Phase 2 drilling (Current 10 well campaign): Maximize infill drilling potential identified in Phase 1, and extend into the Northern segments of the block ▪ Northernareapartiallyde-riskedby BK-40,drilled as a part of our Phase 2 campaign ▪ Even post Phase 2, large portion of the Block remains undrilled, implying a potential to increase well density across the acreage Q1 FY’27 Q4 FY’26 Total Sales (boepd) 701 596 Asset Updates: Cambay Basin Karjisan Field Area: 5 Sq. Km ▪ Reservoirs of interest: Kalol III A, Kalol III B, and Kalol IV are the three reservoir zones targeted across our appraisal and development drilling at Karjisan. ▪ Karjisan exploitation approach: The block is divided into 6 fault blocks, with phased drilling is aimed at de-risking one fault block at a time ▪ Phase 1 drilling: (6 well campaign in 2023) targeted south eastern fault block by drilling 6 new wells (KJ 5 to K10 wells) ▪ Phase 2 drilling (4 well campaign in 2025) targeted 2 new infill locations and opened 2 more fault blocks towards the south western side (KJ 11 to K15 wells) ▪ Phase 2 Surface facilities being scaled up: Crude Oil storage and produced water handling being augmented to manage the higher production and water expected in Karjisan ▪ Submitted a 7-well FDP with the regulator, for drilling infill wells across the south western fault blocks Q1 FY’27 Q4 FY’26 Total Sales (boepd) 834 991 *New wells performing as per expectations, with production settling in-line with plan,postQ4FY’26flashproduction Asset Updates: Cambay Basin Cambay Field Area: 161 Sq. Km ▪ Reservoirs of Interest: MBS (Miocene), OS-II (Oligocene), and EP-IV (Eocene) form the primary zones of interest for this play. The block is divided into 3 major areas – Western Flank, Central high and Eastern flank ▪ Committed work program under the extension FDP and farm-in agreement is drilling of 3 wells and reviving sick wells,wherever feasible ▪ Reservoir exploration approach: Our main focus has been to understand and map the reservoir extent of all the 3 zones, across the 161 Sq. Km field, given the legacy of the field and production behaviour over the last 30+ years ▪ Phase 1 activities: Drilled one new well (C-78) in eastern flank and revived multiple wells in Western flank and central high. C-78 flowed sub-commercial hydrocarbons at surface, potentially induced by depletion from nearby wells. However, western flank wells are delivering incremental oil production, pointing to further upside potential in the area ▪ Next Phase of activities: The next well is planned for H2 FY'27, targeting the deeper Eocene reservoir in the Western/Central part of the block. Q1 FY’27 Q4 FY’26 Gross Sales (boepd) 130 118 Asset Updates: Assam Basin Duarmara Field: Area: 9 Sq. Km ▪ Reservoirs of Interest: Tipam Reservoirs with TS-1, TS-2 and TS-3 reservoir zone as main reservoir zones of interest ▪ 2 wells were committed under the agreed RSC work programand farm-inagreement ▪ Reservoir exploration approach: To establish gas productivity in TS – 2 and TS – 3 which were tested in the discovery wells ▪ DMR#4z, well drilledandtested;establishedTS-1 as zoneof interest - TS-1reservoir zone flowedlight oil (up to 37° API) - TS-3and TS-2showed gas influx, but lower than discovery wells ▪ Injectivity test done in DMR#4z, during this quarter, which points to minimal 4Z communication between well bore and TS-1 reservoir, potentially due to near well bore damage. Forwardplan: ▪ Conduct Re-perforation and reservoir potential testing at TS – 1 and TS – 2 zones in all accessible wells (including DMR#1 and 2) through workovers,post monsoon Statement of Profit and Loss Q1 FY’27 Q4 FY’26 Particulars (In INR Cr.) Average Sales (boepd) 1705boepd 1758boepd A INCOME Revenue from Operations 133.1 103.9 Less: Profit Petroleum paid to GOI 2.1 1.9 Revenue from Operations (N [Showing first 8,000 characters — download PDF for full document]