RAKUSHECHNOYE OIL & GAS FIELD

• Rakushechnoye is located onshore of Caspian Sea of Southern Mangystau province in Western Kazakhstan. Total concession area is 287km2. The concession holder is CaspiOilGas LLP.
• Total 2P reserve estimate of oil, gas and condensate is 381MMboe certified by Competent Person Report, Klarenco LLP.
• The field is closed proximity to export infrastructure i.e 50km to Kuryk Port (one of the main routes for oil transportation), and 60km to the main oil and gas pipeline.
• The terrain is flat, located close to a power grid, and easily accessible by car and truck.