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Timor Resources Pty Ltd is a privately owned Australian oil and gas company, incorporated in 2016, for the sole purpose of exploring for oil and gas in onshore Timor-Leste, formerly East Timor. Timor Resources is the Operator, in two highly prospective onshore exploration blocks in Timor-Leste. In partnership with The National Oil Company TIMOR GAP, drilled the first 2 exploration wells in 2021. Significant oil discovery was made in the second exploration well the company has drilled and efforts to appraise this discovery is underway. 2 additional exploration wells have been planned to test a number of different play types with multiple targets in each well to be drilled in later half of 2022.