Investor Presentaiton

(1) MIE Holdings Corporation Adj. EBITDA Production (US$m) (BOPD) drilled Wells China oilfields MIE Group update and highlights Efficient allocation of resources to ensure stronger growth and profitability FY2013 capex: US$337m 25% 35% 37% ■China oilfields ■ Emir-Oil ■ SGE ■ US assets Emir-Oil SGE FY2014 revised guidance capex: US$296m (1) 16% 42% 1% 41% China oilfields ■ Emir-Oil ■SGE ■ US assets US asset Group 91 156 40 143 9 5 5 3 13 18 15 205 161 109 134 2 11 1H13 2H13 1H14 FY14 1H13 2H13 1H14 guidance FY14 guidance 1H13 2H13 1H14 FY14 guidance 1H13 2H13 1H14 FY14 guidance 1H13 2H13 1H14 FY14 guidance 10,500 11,179 5,600 5,269 16,558 16,300 14.334 9,671 5,172 164 200 3,454 Near-term 125 110 15,006 10,000 5,200 14,334 production expected 100 15,300 1H13 2H13 1H14 FY14 1H13 2H13 1H14 guidance FY14 guidance for Linxing and Sanjiaobei 1H13 2H13 1H14 FY14 guidance 1H13 2H13 1H14 FY14 guidance 142 147 129 1H13 2H13 1H14 Represents management guidance 17 27 32 1H 13 2H 13 1H 14 168 155 136 1H13 2H13 1H14 Note: Adjusted EBITDA refers to EBITDA adjusted to exclude non-cash and non-recurring items such as share-based compensation expense, gain/loss on oil put option, write-off of inventory, loss on disposal of property, plant and equipment, geological and geophysical expanse and any other non-cash or non-recurring income/expenses 6

View entire presentation