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Investor Presentaiton

Productivity Improvements. TECHNOLOGY ADVANCEMENTS IMPROVE EFFICIENCIES & RECOVERIES Operators in South Texas have made substantial productivity gains in horizontal drilling in the Eagle Ford Eagle Ford Oil Well Productivity Oil Initial Prod Bbl/d Nat. Gas Initial Prod MMcfd 2011 Original Eagle Ford Wells 600 3.0 Recovery BOES 600,000 2018 Modern Eagle Ford Wells 1,300 6.5 1,400,000 Initial Upper Jurassic test well in 2013 - highly productive relative to sub-optimal well location Renaissance expects significant productivity improvement in new Amatitlán shale wells Upper Jurassic Forecasted Well Productivity Oil Initial Prod Nat. Gas Bbl/d Initial Prod Recovery MMcfd BOES 2013 Original Test Well - Corralillo 157 650 0.0 300,000 Amatitlan Development Wells 1,200 6.0 1,300,000 Oil Production - Bbl/d Oil Production - Bbl/d 1,400 1,200 1,000 800 600 400 200 1,400 1,200 1,000 800 600 400 200 Eagle Ford Well Productivity Evolution 2011 Original Eagle Ford Wells 2018 Modern Eagle Ford Wells 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 Year Uper Jurassic Productivity Expectations Amatitlan Development Wells 2013 Original Test Well - Corralillo 157 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 Year 111
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