Berezkagaz Irtysh Key Investment Criteria’s

• Conventional onshore oil & gas assets are of our utmost interest
• We aim to invest in existing products rather than speculative reserves
• Multiple reservoirs; we avoid investments in a field of only one or two production strata
• Established artificial lift
• We use facilities with optimization opportunities to increase effectiveness while complying with health and safety regulations
• Water flood
• We can achieve 10 to 20% uplift in production with minimum investment 

We believe that making investments – in terms of time, money and efforts – in our associates, JVs and subsidiaries will eventually add to our overall profitability, effectiveness and reputation Jurisdictions that we plan to operate in Russian Federation, Former Soviet Union, the Middle East, and North America.