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Prospectus re Admission to the Official List - Heritage Oil

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RPS Energy<strong>Heritage</strong> <strong>Oil</strong> – Competent Persons ReportComponent Mole % Weight %M-C-Hexane ........................................ 0.52 1.01Toluene ............................................ 0.64 1.15C 8 Octanes ............................................ 1.18 2.64E-Benzene .......................................... 0.14 0.30M/P-Xylene ......................................... 0.48 1.00O-Xylene ........................................... 0.16 0.34C 9 Nonanes ........................................... 0.98 2.481,2,4-TMB .......................................... 0.19 0.45C 10 Decanes ............................................ 1.17 3.26C 11 Undecanes .......................................... 1.03 2.98C 12 Dodecanes .......................................... 0.86 2.73C 13 Tridecanes .......................................... 0.78 2.68C 14 Tetradecanes ........................................ 0.66 2.47C 15 Pentadecanes ........................................ 0.62 2.52C 16 Hexadecanes ........................................ 0.49 2.12C 17 Heptdecanes ........................................ 0.40 1.87C 18 Octadecanes ......................................... 0.36 1.78C 19 Nonadecanes ........................................ 0.34 1.76C 20 Eicosanes ........................................... 0.29 1.59C 21 Heneicosanes ........................................ 0.24 1.40C 22 Docosanes .......................................... 0.22 1.33C 23 Tricosanes .......................................... 0.19 1.19C 24 Tetracosanes ......................................... 0.17 1.11C 25 Pentacosanes ........................................ 0.15 1.01C 26 Hexacosanes ......................................... 0.14 0.96C 27 Heptacosanes ........................................ 0.12 0.92C 28 Octacosanes ......................................... 0.11 0.83C 29 Nonacosanes ........................................ 0.10 0.78C 30 Triacontanes ......................................... 0.10 0.79C 31 Hentriacontanes ...................................... 0.08 0.67C 32 Dotriacontanes ....................................... 0.08 0.71C 33 Tritriacontanes ....................................... 0.05 0.43C 34 Tetratriacontanes ..................................... 0.06 0.56C 35 Penatriacontanes ..................................... 0.05 0.51C 36 + Hexatriacontanes Plus .................................. 0.37 4.49Totals .......................................... 100.00 100.00Note: 0.00 means < 0.005Table 15:Initial Composition of West Bukha Wellst<strong>re</strong>am3.3.4.3. Development Plan (Subsurface)The development plan on <strong>the</strong> Omani side of <strong>the</strong> field involves <strong>the</strong> deepening of West Bukha-2 and <strong>the</strong>drilling of a second, high angle well close <strong>to</strong> <strong>the</strong> Iranian border, <strong>the</strong> wells being produced <strong>to</strong> a platform,and <strong>the</strong>nce <strong>to</strong> <strong>the</strong> Bukha platform—this is called (by <strong>the</strong> field owners) Phase I of <strong>the</strong> development. Duringthis phase, field performance will be moni<strong>to</strong><strong>re</strong>d <strong>to</strong> determine <strong>the</strong> need for futu<strong>re</strong> wells (Phase IIand beyond).The platform will have space for 6 wells, and we believe an additional 2 wells will be drilled in Phase II;fur<strong>the</strong>r drilling <strong>the</strong><strong>re</strong>after will depend on medium-term field performance. The wells will be equipped with<strong>the</strong> ability <strong>to</strong> selectively produce from one formation or both—<strong>the</strong><strong>re</strong> is no final decision yet on whichoption <strong>to</strong> run with.89

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