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Investor Presentation - Proactive Investors

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Iraq<br />

• Strategic business focus<br />

– Seeking to build a long‐term E&P business<br />

– Active since 2003<br />

• Maysan Gas Project<br />

– Turning flared gas into condensate, LPGs<br />

and dry gas for electricity generation<br />

• E&P Opportunities<br />

– 73 discovered fields of which 50 remain<br />

undeveloped<br />

– Proven reserves 115 billion barrels of oil<br />

25

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