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Investor Presentaiton

MIE Holdings Corporation MIE Group update and highlights MIE group assets overview • • 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 • 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 . 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 1
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