Cuba Block 9 – Exploration Resource Potential slide image

Cuba Block 9 – Exploration Resource Potential

• • • Alameda prospect: close to historical oil recoveries High impact prospect, currently designing well for potential 2018 drilling Large structure in western part of Block 9 Primary objective in depth range from 3,000 to 3,700 metres Marti-5 (drilled 1988) recovered lighter oil (24° API) and had oil shows over a 850 metre gross Depth mA 0 1000 2000 Oil recovered from tests Mid-level Detachment Marti-2 Marti-5 A' Tertiary UPPER SHEET interval from the Lower Sheet N 3000 . Potential for shallow secondary objectives Alameda 4000 LOWER SHEET 44bbl of 24° API oil recovered from test Currently designing well to test Alameda with potential for drilling. early in 2018 5000 1km Prospective Resources (MMstb) Alameda Prospect COS* Low Best High Mean Oil in Place (100%) 32% 62 1,293 4,2781,829 Prospective Resource (100%) 3 65 214 91 Prospective Resource (NEI**) 2 44 144 61 Prospective Resources Cautionary Statement: The estimated quantities of petroleum that may potentially be recovered by the application of a future development project(s) relate to undiscovered accumulations. These estimates have both an associated risk of discovery and a risk of development. Future exploration appraisal and evaluation is required to determine the existence of a significant quantity of potentially moveable hydrocarbons. *Chance of Success **Net Entitlement Interest based on Production Sharing Contract 16
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