Established in 2015, SIM is dedicated to the development of a world-class Offshore Supply Base (OSB) to support Myanmar's burgeoning oil and gas industry. The Company currently owns 184.3 acres of land in the Ayeyarwady region of Myanmar. Of this acreage, 49 acres has been permitted for OSB use. The Company will initially establish the Ayeyarwady Offshore Supply Base (AOSB) on 30 acres of this land, with 19 acres reserved for future expansion. The remaining 135.3 acres of land is reserved for a proposed future LNG Terminal Project.