Potential Investor Information I.

General Information about the Company Company history Company incorporation Company ownership Corporate structure Senior management and organization chart Areas of operations Growth strategy Business model Exit strategy (IPO, sale, merger, etc.) Financing Requirements and Investment Considerations What are the Companys financing needs What are the expected sources of funds (financing plan) Debt Equity How will the funds be used What are the risks associated with a potential investment What are the competitive strengths of the Company Exploration Overview Location of exploration block / terrain / existing infrastructure (maps) Area of exploration block Geology Stratigraphic sequence Regional setting Analogous and nearby fields: crude oil quality / reservoir Structure maps Drilling History Previous licensees Discuss each previous well drilled on block / targets / depths / results Exploration and Exploitation Program Exploration program description: Planned seismic / G&G program and costs Planned exploration wells and targets Exploration well cost (dry hole & discovery) Other exploration costs (overhead, lease costs, well mob / demob) Exploration program timeline: show activity and costs by quarter Predicted exploration results: Estimated probability of commercial success Prospect target size: P10, P50 and P90 Recovery factor expected Hypothetical appraisal and development plan for commercial discovery: Well spacing Injectors/Producers Drilling schedule (number of rigs / drilling and completion time / cost to D&C) Well equipment (pumps, etc.) and gathering costs and timing Facilities and pipeline construction costs and timing Initial production rates and decline Production profiles Gas disposition pipeline / power generation

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Operations Overview Field access / roads / camp Power supply and cost Gas and water disposition Other field operations in area (field and operator) / shared costs Manpower Workover assumptions Field operating costs by category Overhead (offices / services / other) Transportation and Marketing How will the Company dispose of the oil and gas produced: Pipeline route / tariffs and fees (include map) Sales customers and sales point Discount versus benchmark crude oil price (for quality and location) Domestic market obligation Contractual terms and Fiscal regime Terms of acquisition Ownership percentages / partners in field Royalty and bonuses Fiscal regime (taxes, production shares etc.) Contractual obligations (e.g. capital spending requirements, social spending) Financial Overview Cash flow (Detailed by month or quarter for the first 2-3 years, then annual flows) Maximum cash deficit How long until positive cash flow How long until investors see a return on their investment Economic indicators (risked and unrisked) and sensitivities Contacts Information and Corporate Relationships Corporate contacts Commercial banking relationships Legal advisors Independent auditors Reservoir engineers In-country contacts

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April 7, 2012