Growing with Mexico in a New Era of Energy Reform

Ramping Up Amatitlán Production: H1/2018 SHALES • Targeting 1st horizontal well in the Upper Jurassic shales in H1/2018 SHALLOW SANDS • • • Completed 5 of 6 workovers to re-establish production -- light oil (44 API) Drilled 2 wells, each encountering 3-4 sand packages Now completing both wells 110-145m of gross sands Drilling ahead on 3rd well at new multi-well drilling location DRILLING AMATITLÁN #1708: JANUARY 2018 2018 DRILLING PROGRAM ◇ 10 Chicontepec Wells ◇ 1 Upper Jurassic Shale Well RENAISSANCE OIL CORP

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