Emir-Oil: A balanced portfolio

The Emir-Oil Concession Block is located onshore in the Mangystau Oblast (situated in the southwestern region of Kazakhstan), about 40 km northeast of the City of Aktau which is Kazakhstan’s largest sea-port on the Caspian Sea coast. The Emir-Oil Concession Block has a total contract area of approximately 850.3 km², comprising the following:

1. four producing fields namely, Aksaz condensate-rich gas field, Dolinnoe oil field, Emir oil field and Kariman oil field with a total contract area of approximately 45.5 km²; and
2. an exploration area with a total contract area of approximately 804.8 km². The following discovered fields and prospects are located in the exploration area:
   1. two development fields (North Kariman and Yessen oil fields) which have been under pilot production since June 2012 and April 2013, respectively; and
   2. six prospects (namely, Borly, Aidai, Begesh, East Saura, North Aidai and Tanirbergen) which have been identified outside the producing fields for future exploration, appraisal, development and production. Additionally, four prospects have also been identified which are surrounding the producing fields.

A summary of the components of the Emir-Oil Concession Block is as follows:

Type of Field		Production Commencement Year (1)	Type of Contract	Duration (years)	Commencement Date	Expiry Date	Area (km2)
Producing Fields
Kariman	Oil	2006	Production Contract	25	9 September 2011	9 September 2036	12.24
Dolinnoe	Oil	2004	Production Contract	25	9 September 2011	9 September 2036	18.24
Aksaz	Light Oil	2005	Production Contract	25	9 September 2011	9 September 2036	11.48
Emir	Oil	2004	Production Contract	17	1 March 2013	1 March 2030	3.53
Exploration Area	-	-	Exploration Contract	3	10 January 2017	9 January 2020 (2)	804.81
Total (approximately)							850.30

Management and Operation Control