Growing with Mexico in a New Era of Energy Reform

Value per acre (USD) Amatitlán Opportunity SHALE PLAY VALUATION LIFECYCLE $50,000 $40,000 $30,000 $20,000 $10,000 $0 $150 Early Entry Regional Geology Old Logs, Seismic $850 $3,500 --> $16,000 RENAISSANCE STRATEGY MOVE FROM EARLY ENTRY TO PRODUCTION TEST H1 -2018 $47,000 $1,500 $1,250 $1,000 $750 $500 $250 $0 Undeveloped Appraisal Production Test Initial Development Core Samples Regional Tests Test Well to Target New Cores & Logs Modern Frac Production Test 4-6 wells Field in Development Facilities & Infrastructure Build RENAISSANCE OIL CORP Implied value of 30,000 net acres (mm USD) 14

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