Investor Presentaiton
MIE Holdings Corporation
MIE Group update and highlights
MIE group assets overview
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Independent onshore upstream oil and gas company in China, growing domestically and globally
Significant near-term production growth
Emir-Oil (ADEK contract area) (100%, operator)
Aksaz, Dolinnoe, Emir, Kariman, and prospects
Achieved 5,269 BOPD net production in 1H2014 vs. 3,454 BOPD net production
in 1H2013, representing a 52.5% increase
102mmboe of 2P reserves as of year end 2013, 18.4% increase since yearend
2012
On-going exploration activities to prove up additional reserves
Kazakhstan
China
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Major cash flow contributor
Oilfields in Jilin (90%, operator)
Daan PSC, Miao 3 PSC, Moliqing PSC
Net production 9,992 BOPD in 1H2014, slight increase to 1.7% compared to 9,823
BOPD in 1H2013 due to strategic capex scale back for growth projects
Attractive fiscal regime under PSC structure
Diversification into China unconventional gas assets
Sino Gas & Energy ("SGE") (51%, operator)
Linxing PSC (SGE holds 64.75%), Sanjiaobei PSC (SGE holds 49%)
Significant resource base with 2C & prospective resources of 1.95 Tcf, and 2P reserves
303 BCFG (50mm boe)
Existing drilling campaign leading to China Reserve Report ("CRR") and ODP preparation
Clear path to commercial production
USA
Oil asset
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De-risked asset with stable cash flow
Pan-China Resources (100%, operator)
Kongnan block within Dagang oilfield
Successfully increased net production since acquisition
• Net production 1,187 BOPD in 1H2014 was up 27.5%
compared to 931 BOPD in 1H2013
Direct cash flow contribution from the de-risked producing
Kongnan block
Gas asset
Access to unconventional technology
Condor Energy (80%, operator)
Condor Energy: 61.25%-100% working interest covering 7,035 net
acres in the Niobrara Shale oil trend, Colorado
• Oil and gas production, with access to horizontal drilling and fracturing
technologies used in developing shale oil and gas
• As of June 30, 2014, Condor has a total of 5 horizontal wells with lateral
lengths 4,000-8,100 ft and 16-33 frac stages
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